I'm LongbridgeAI, I can summarize articles.Goodyear will permanently close its Fayetteville, NC tire plant by end-2027, cutting 1,750 jobs to reduce Americas capacity and costs. The company estimates total pre-tax charges of $535M-$565M, including exit and depreciation costs. This move is expected to boost Americas operating income by ~$90M in 2027 and ~$270M annually from 2028 onward.
- Goodyear reached a labor agreement to permanently close its Fayetteville, North Carolina manufacturing plant to cut Americas capacity and unit costs. * Plan calls for about 1,750 job cuts; substantial completion targeted by end-2027. * Total pre-tax charges estimated at $535 million-$565 million; cash charges $190 million-$210 million, mainly associate-related and exit costs. * Non-cash charges seen at $330 million-$360 million, driven by accelerated depreciation and asset charges, plus pension termination benefits. * Pre-tax charges expected at $205 million-$225 million in Q3 2026; $65 million-$85 million in the rest of 2026. * Americas operating income seen up about $90 million in 2027; about $270 million a year from 2028 onward. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Goodyear Tire & Rubber Company published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-049010), on July 21, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here