Skip to main content
Sister Publication Links
  • Rubber News
  • European Rubber Journal
Subscribe
  • Login
  • Register
  • Subscribe
  • Current Issue
  • Mid-Year Report
  • ADAS
  • News
    • OPINION
    • BUSINESS/FINANCIAL
    • COMMERCIAL TIRE
    • GOVERNMENT & LAW
    • Humanitarian Award
    • RETAIL TIRES
    • SERVICE ZONE
    • TIRE MAKERS
    • Best Places to Work
    • RUSSIA WAR IN UKRAINE
  • Data
    • DATA STORE
  • Custom
    • SPONSORED CONTENT
  • Resources
    • Events
    • DIRECTORY
    • CLASSIFIEDS
    • SHOP FLOOR
    • AWARDS
    • ASK THE EXPERT
    • LIVESTREAMS
    • WEBINARS
    • SEMA LIVESTREAMS
    • RUBBER NEWS EVENTS
    • BALANCING
    • DEMOUNTING
    • SAFETY
    • TIRE REPAIR
    • TPMS
    • TRAINING
    • VEHICLE LIFTING
    • WHEEL TORQUE
    • Best Places to Work
  • ADVERTISE
  • DIGITAL EDITION
MENU
Breadcrumb
  1. Home
  2. News
September 30, 2004 02:00 AM

Conti rejects union proposal to save tire production at Mayfield

Tire Business Staff
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    MAYFIELD, Ky. (Sept. 30, 2004) — Continental Tire North America Inc. (CTNA) will suspend tire production at its Mayfield tire plant by year-end as planned after rejecting proposals by the United Steelworkers of America (USWA) to keep the plant open.

    Conti said the union's cost-saving plans “did not represent a viable framework for continuing tire production” in Mayfield, the tire maker said in a statement. Conti plans to suspend car and light truck tire production indefinitely by Dec. 31, putting 815 employees out of work.

    The USWA estimated its proposals to restructure the work force would have yielded more than $20 million in cost savings annually. In response, Conti said the union's estimate was “overstated” and the proposal depended on “substantial capital investment” in the plant.

    “It is regrettable that these negotiations did not result in an agreement to preserve jobs at the Mayfield plant,” said Nick Fletcher, vice president of human resources for CTNA. “However, the company cannot continue to operate a plant that is not cost-competitive. The proposals made by the union simply did not go far enough to address the cost disparity between Mayfield and our other tire plants.”

    Conti announced plans in late June to cease tire production at the plant, after scaling down production there twice previously in the the seven months prior.

    Conti said it continues to talk with the union about the effects of the decision on Mayfield employees. The company said it expects an agreement will be reached to ease the transition for employees.

    Earlier Conti took a $118.7 million charge against first-half earnings to cover the Mayfield action but said the cost could rise to $144 million before year-end.

    Letter
    to the
    Editor

    Do you have an opinion about this story? Do you have some thoughts you'd like to share with our readers? Tire Business would love to hear from you. Email your letter to Editor Don Detore at [email protected].

    Most Popular
    1
    Average executive salaries found in Tire Talent report
    2
    Conti rolls out new taglines for Conti, General brands
    3
    Our View: Groups celebrate past by looking to future
    4
    Discount Tire installs RoboTire at Arizona store
    5
    TBC Brands expands Pennsylvania distribution warehouse
    SIGN UP FOR NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please verify captcha.

    Please select at least one newsletter to subscribe.

    Newsletter Center

    Staying current is easy with Tire Business delivered straight to your inbox.

    SUBSCRIBE TODAY

    Subscribe to Tire Business

    SUBSCRIBE
    Connect with Us
    • Facebook
    • LinkedIn
    • Twitter
    • RSS

    Our Mission

    Tire Business is an award-winning publication dedicated to providing the latest news, data and insights into the tire and automotive service industries.

    Reader Services
    • Staff
    • About Us
    • Site Map
    • Industry Sites
    • Order Reprints
    • Customer Service: 877-320-1716
    Partner Sites
    • Rubber News
    • European Rubber Journal
    • Automotive News
    • Plastics News
    • Urethanes Technology
    RESOURCES
    • Advertise
    • Privacy Policy
    • Privacy Request
    • Terms of Service
    • Media Guide
    • Editorial Calendar
    • Classified Rates
    • Digital Edition
    • Careers
    • Ad Choices Ad Choices
    Copyright © 1996-2022. Crain Communications, Inc. All Rights Reserved.
    • Mid-Year Report
    • ADAS
    • News
      • OPINION
      • BUSINESS/FINANCIAL
      • COMMERCIAL TIRE
      • GOVERNMENT & LAW
      • Humanitarian Award
      • RETAIL TIRES
      • SERVICE ZONE
      • TIRE MAKERS
      • Best Places to Work
      • RUSSIA WAR IN UKRAINE
    • Data
      • DATA STORE
    • Custom
      • SPONSORED CONTENT
    • Resources
      • Events
        • ASK THE EXPERT
        • LIVESTREAMS
        • WEBINARS
        • SEMA LIVESTREAMS
        • RUBBER NEWS EVENTS
      • DIRECTORY
      • CLASSIFIEDS
      • SHOP FLOOR
        • BALANCING
        • DEMOUNTING
        • SAFETY
        • TIRE REPAIR
        • TPMS
        • TRAINING
        • VEHICLE LIFTING
        • WHEEL TORQUE
      • AWARDS
        • Best Places to Work
    • ADVERTISE
    • DIGITAL EDITION