Dunlop Motorsport Europe has announced its closing its plant in Erdington in Birmingham with the loss of 241 jobs.
The tyre maker says it's moving production to other plants in its European Manufacturing network.
The firm's lease expires on the site near Jaguar Land Rover's Castle Bromwich plant in September.
A consultation process with Trade Unions will now start.
More top news
Bookies are taking bets on who will be next, after Sam Allardyce stood down from the role after allegations he abused his position.
It follows allegations that pictures - including those of the Duchess of Cambridge and her children - were taken from her online account.
Nottingham City Council posters urging people not to give money to beggars have been banned for being likely to cause widespread offence.