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
A 72-year-old man is in police custody after a 60-year-old woman was found dead at a house in Hinckley last night.
Jimmy Floyd Hasselbaink's side have secured promotion to League One after their 2-1 win at Morecambe.
Dry with clear spells across the West Midlands.