www.InsuranceJournal.com
Goodyear's second-largest production facility in North America in Tupelo, Mississippi, has temporarily halted operations after a destructive tornado struck the area. The tornado, part of a larger storm system that caused widespread damage and claimed at least 26 lives across the South and Midwest on April 1.
Repairs are currently underway at the Tupelo plant, and there is no specific timeline provided by Goodyear for when the approximately 1,700 workers can return to work. However, the company has assured employees that they will be paid during the shutdown period. The Tupelo plant is the second-largest production facility in Goodyear's North American network, producing an estimated 42,000 tires per day, according to Modern Tire Dealer.
The temporary halt in operations at Goodyear's second-largest tire plant highlights the potential impact on local property values, as a major employer and economic contributor to the area experiences disruptions.