Goodyear to close Union City tyre plant

ERJ staff report (DS)

Akron, Ohio -- Goodyear today announced plans to close its Union City, Tennessee, tyre manufacturing facility by the end of 2011, with the loss of 1900 jobs. Goodyear said this is the final action in plans announced in 2009 to eliminate 15 million to 25 million units of high-cost capacity globally.

“While we are committed to manufacturing in North America, all of our plants must be cost competitive and be able to demonstrate sustainable world-class productivity. That is not the case with this plant, and as a result, the market has moved beyond what the factory is able to build,” said said Richard Kramer, chairman and chief executive officer.

This closure, when complete, will eliminate approximately 12 million units of available capacity.

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Press release from Goodyear (search on "Union City")