Keegan: New contract a ´powerful milestone´ for Goodyear

Akron, Ohio — Reduced legacy costs and capacity and increased productivity were the major benefits for Goodyear in reaching accord with the United Steelworkers after a nearly three-month strike, company officials said last week.

Robert Keegan, Goodyear chairman and CEO, said the new master contract represented a “powerful milestone” for the company. He and other Goodyear officials discussed the strike´s impact during an investor conference call on 9 Jan.

The combined savings in the areas of productivity, capacity and legacy costs are projected to total about $610…

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