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February 11, 2011

Analyst Saul Ludwig comments on plant closure

The only surprise was the ‘when,’ not the fact that they were going to do it,” says Saul Ludwig about Goodyear Tire & Rubber Co.’s plans to shutter its Union City, Tenn., tire plant (see “Closure of plant plays into Goodyear's 'selective strategies”).

Tags: Goodyear, Plant closure, Union City

February 10, 2011

Closure of plant plays into Goodyear's 'selective strategies'

Goodyear Tire & Rubber Co.’s plans to close its Union City, Tenn., tire manufacturing facility by the end of 2011 “is part of its strategy to reduce high-cost manufacturing capacity globally and provide cost effective high-value-added products that the market is demanding while continuing to make high quality products for its customers.”

Tags: financials, Goodyear, Plant closure

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