Michelin Ardmore plant winding down operations by 2025, resulting in 1400 layoffs

[Jersey Boss]

The population of Ardmore is <25k. Of course that includes folks over 65 and undsr 18. Even if some of these employees are from outside Ardmore this is a major blow to Ardmore. Also impacted will be the jobs that support the plant, eateries, and other retail. No telling the effect on housing prices.

[scottk]

The population of Ardmore is <25k. Of course that includes folks over 65 and undsr 18. Even if some of these employees are from outside Ardmore this is a major blow to Ardmore. Also impacted will be the jobs that support the plant, eateries, and other retail. No telling the effect on housing prices.

The most recent local comparison I can think of is when Ponca City (about 25k) gradually lost all of the office and research jobs with the Conoco corporate facility during the early 2000's when they merged with Phillips 66. Over the course of a few years these jobs were moved to Bartlesville and Houston. All that remains in 2023 is a few hundred jobs left in the refinery, which of course can't just pack up and move.

The town at its peak was 26,500 in the nineties, but has maintained about 24,000 since the departure of these jobs. Conoco in Ponca City at its peak probably had around 4000 employees in the various office jobs. The two 8 story office towers on the south end of the city, along with the rest of the corporate complex still remain empty, while the refinery continues to operate in its shadow.

[BG918]

The most recent local comparison I can think of is when Ponca City (about 25k) gradually lost all of the office and research jobs with the Conoco corporate facility during the early 2000's when they merged with Phillips 66. Over the course of a few years these jobs were moved to Bartlesville and Houston. All that remains in 2023 is a few hundred jobs left in the refinery, which of course can't just pack up and move.

The town at its peak was 26,500 in the nineties, but has maintained about 24,000 since the departure of these jobs. Conoco in Ponca City at its peak probably had around 4000 employees in the various office jobs. The two 8 story office towers on the south end of the city, along with the rest of the corporate complex still remain empty, while the refinery continues to operate in its shadow.

Duncan and Halliburton is another comparison. Halliburton had their HQ in Duncan until the 60’s and a large accounting and R&D operation until the 2000’s. Essentially only manufacturing is left.

[corwin1968]

Unfortunately, Ponca is a shell of what it once was. Really depressing almost everywhere West of 7th street, or so.