12:06 AM EDT, 06/26/2026 (MT Newswires) -- Michelin (ML.PA) unit Michelin North America will start the phased winding down of operations at the BFGoodrich Tires plant in Tuscaloosa, Alabama, US, early in 2027. The process is expected to be completed by the end of 2028, with the Tuscaloosa site's operations to be consolidated at the Fort Wayne, Indiana plant, according to a Thursday release. As a result, the French tire manufacturer group expects to record a non-recurring expenses provision of 220 million euros in its 2026 financial results.

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