Goodyear reviews abatement plan

From Rubber & Plastics News

Tyler, Texas-Goodyear is considering a plan to add machinery and update existing equipment at the group’s Kelly-Springfield Tire Co. plant in Tyler.

The company is reviewing a draft of a proposal prepared and approved by the Smith County, Texas, commissioners under which Goodyear would receive a four-year $154,672 tax abatement to upgrade the Tyler tyre making facility, a Goodyear spokeswoman said.

The abatement proposal was approved by the commissioners Feb. 9 and covers taxation on equipment that, if Goodyear signs off on the…

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