Goodyear Closes Tennessee Plant

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The Goodyear Tire & Rubber Company
GT
today announced that it has ceased production at its tire manufacturing facility in Union City, Tenn. On February 10, Goodyear had announced its intention to close the plant by the end of 2011. "When we announced our intention to close the plant, we expected the shutdown would occur by year-end," said Chairman and Chief Executive Officer Richard J. Kramer. "Since then, the product transfers to the other Goodyear plants have been completed more quickly than expected. We are now able to meet the needs of our consumer tire customers without further production in Union City."
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Posted In: NewsConsumer DiscretionaryTires & Rubber
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