Huntsville paper confirms Goodyear plant closing

Aug. 22, 2003

Although Goodyear Tire & Rubber Co. has yet to reveal or confirm any details in its tentative agreement with the United Steelworkers of America, The Huntsville Times reports that Goodyear's Huntsville, Ala., plant is history.

The newspaper, citing the plant's USW Local 915 leaders as sources, says the closing would likely be completed by the end of the year.

The former Dunlop Tire Corp. plant has the capacity to produce 27,000 passenger tires per day, according to Modern Tire Dealer's 2003 Facts Issue.

As of the end of closing yesterday, Goodyear's stock was trading at $6.56 a share, up 26 cents from the previous day. The stock price is up $1.17 since Thursday, Aug. 14, when Goodyear set a deadline for a tentative agreement to be reached.