Goodyear to close Moroccan tyre plant this year

Akron, Ohio — Goodyear will close its 35-year-old tyre plant in Casablanca, Morocco, during 2007 and will take a charge against earnings of about $28 million to cover the related expenses.

The closing of the plant and subsequent liquidation of Goodyear Maroc SA will save the company about $10 million a year, the firm said in a recent 8-K filing with the Securities and Exchange Commission.

The plant employs approximately 150. Capacity was listed as 3000 units a day of car, light and medium truck and agricultural…

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