Michelin will close South Carolina tire cord and bead factory
Michelin North America (MNA) Inc. is phasing out steel tire cord and bead production at its Sandy Springs, S.C., plant, which will close in early 2004.
The phase-out will take place over the next two years, say MNA officials.
The operation "is being closed because it is not cost-competitive."
The company plans to consolidate "much" of its production at other steel processing facilities.
MNA's Sandy Springs tire and cord plant employs nearly 300 people. The factory's 730-employee rubber processing operation will not be impacted by the closing, according to MNA officials.
Earlier this week, MNA announced the closing of its automated C3M plant in Reno, Nev.