Goodyear to lay off 450 in Tennessee

Order Reprints

Goodyear Tire & Rubber Co. plans to lay off 450 workers at its plant in Union City, Tenn.

The factory currently employs 3,800 people.

Goodyear cites "economic conditions" and below-average shipment levels as reasons for the decision.

"We're taking steps to control inventory," says a Goodyear spokesman.

The Union City plant can produce 54,000 passenger and light truck tires at full capacity, according to Modern Tire Dealer data.

Goodyear's stock closed at $8.77 a share yesterday.

Related Articles

Goodyear plans to lay off up to 1,400 workers in the U.S.

Cooper will lay off 150 in Texarkana

Nokian to lay off 37 at Finland plant

You must login or register in order to post a comment.