Flash | 26 Jun 2026 04:56:57 ET │ 11 pages Michelin (MICP.PA) Michelin to close Tuscaloosa factory to improve US capacity utilisation – shares tend to perform on such measures. CITI'S TAKE Michelin yesterday evening announced plans (link, 25th-June) to ramp- down operations at its BFGoodrich tire plant in Tuscaloosa (1,200 headcount, focus on PC tyres), with closure expected by end-2028. Production will be consolidated at Fort Wayne to overcapacity. Michelin expects to record a non-recurring provision of ap ...