Goodyear reveals DoJ probe into its 2003 belt plant closure in Ontario

Akron, Ohio–The Goodyear Tire and Rubber company is under investigation by the US Department of Justice antitrust department over the, “the closure of a portion of the Company’s Bowmanville, Ontario conveyor belting plant announced in October 2003,” according to a statement filed by Goodyear to the Federal Securities and Exchange Commission.

In the statement, Goodyear says, “The Antitrust Division of the United States Department of Justice is conducting a grand jury investigation concerning the closure of a portion of the Company’s Bowmanville, Ontario conveyor belting plant announced…

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