Goodyear to close Niagara Falls, Bayport chemical plants, take $55 million-$75 million pre-tax charges

By Public Technologies
  • Goodyear will close chemical manufacturing sites in Niagara Falls, New York, and Bayport, Texas, targeting completion by end-2027.
  • Plan includes about 85 job cuts.
  • Total pre-tax charges seen at $55 million to $75 million, including about $30 million cash charges.
  • Expects about $35 million of charges in Q3 2026, with about $15 million more during the rest of 2026.
  • Move expected to lift Americas segment operating income by about $15 million to $20 million annually starting in 2027.


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