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Goodyear Tire and Rubber Company

From Wikipedia, the free encyclopedia
American multinational tire manufacturer

The Goodyear Tire & Rubber Company
Logo used since 2025
The company's headquarters inAkron, Ohio
Company typePublic
IndustryManufacturing
FoundedAugust 29, 1898; 127 years ago (1898-08-29)
Akron, Ohio, U.S.
FounderFrank Seiberling
Headquarters
Akron, Ohio
,
U.S.
Number of locations
1,240 tire and auto service centers
57 facilities
Area served
Worldwide
Key people
Mark Stewart (chairman,president, andCEO)
ProductsTires
RevenueDecreaseUS$18.88 billion (2024)
IncreaseUS$709 million (2024)
IncreaseUS$70 million (2024)
Total assetsDecreaseUS$20.96 billion (2024)
Total equityIncreaseUS$4.906 billion (2024)
Number of employees
68,000 (2024)
SubsidiariesList of subsidiaries
Websitegoodyear.com
Footnotes / references
[1]

The Goodyear Tire & Rubber Company, commonly known asGoodyear, is an American multinational tire manufacturer headquartered inAkron, Ohio. Since 2021, the company has been the world's third-largesttire manufacturer by annual revenue.[2]

Goodyear manufactures tires for passenger vehicles, aviation, commercial trucks, military and police vehicles, motorcycles, recreational vehicles, race cars, and heavy off-road machinery. It also licenses the Goodyear brand tobicycle tire manufacturers, returning from a break in production between 1976 and 2015.[3]

Founded in 1898 byFrank Seiberling, the company was named after AmericanCharles Goodyear (1800–1860), inventor ofvulcanized rubber. The first Goodyear tires became popular because they were easily detachable and required little maintenance.[4] Though Goodyear had been manufacturingairships and balloons since the early 1900s, the firstGoodyear advertising blimp flew in 1925. Today, it is one of the most recognizable advertising icons in America.[5]

The company is the sole tire supplier forNASCAR series and the most successfultire supplier inFormula One history, with more starts, wins, and constructors' championships than any other tire supplier.[6] They pulled out of the sport afterthe 1998 season. Goodyear was the first global tire manufacturer to enter China when it invested in a tire manufacturing plant in Dalian in 1994. Goodyear was a component of theDow Jones Industrial Average between 1930 and 1999.[7] The company opened a new global headquarters building in Akron in 2013.

Retail history

[edit]
Goodyear factory buildings and old former headquarters complex
The original Goodyear headquarters in Akron.

Early history: 1898–1926

[edit]

The first Goodyear factory opened in Akron, Ohio, in 1898. The company originally manufacturedbicycle andcarriage tires, rubberhorseshoe pads, andpoker chips, and grew with the advent of the automobile.[8]

In 1901, Goodyear founderFrank Seiberling providedHenry Ford with racing tires.[9] In 1903, Goodyear president, chairman and CEOPaul Weeks Litchfield was granted a patent for the first tubeless automobile tire.[10] In 1910, the company purchased an existing rubber factory inBowmanville, Ontario, in Canada, which expanded their manufacturing outside of the United States for the first time.[11]

In 1916, Litchfield found land in thePhoenix area suitable for growing long-staple cotton, which was needed to reinforce its rubber in tires. The 36,000 acres purchased were controlled by the Southwest Cotton Company, formed with Litchfield as president. (This included land that would develop into the towns ofGoodyear andLitchfield Park.)

In late 1919, the United States, influenced by the Goodyear Tire and Rubber Company, organised the creation of a "coal and steel state" under international protection which included theUpper Silesian Industrial Circle and theOstravaKarviná basin in the formerAustrian Silesia. Because of opposition fromFrance, the United States withdrew from supporting a Silesian state. This period was marked by tensions leading up to the1921 Upper Silesia plebiscite.[12]

In 1924, Litchfield forged a joint venture with the GermanLuftschiffbau Zeppelin Company to form the Goodyear-Zeppelin Corporation.[13] From the late 1920s to 1940, the company worked with Goodyear to build two Zeppelins in the United States. The partnership continued even when Zeppelin was under Nazi control and only ended afterWorld War II began.[14]

Expansion: 1926–1970

[edit]
Paul Litchfield, inventor of the tubeless car tire who promoted the Zeppelin partnership and later became Goodyear president and board chairman.

On August 5, 1927, Goodyear had itsinitial public offering and was listed on theNew York Stock Exchange.[15]

By 1930, Goodyear had pioneered what would later become known as "tundra tires" for smaller aircraft—their so-called low inflation pressure "airwheel" aviation wheel-rim/tire sets were initially available in sizes up to 46 inches (117 cm) in diameter.[16]

Over the next few decades, Goodyear grew to become a multinational corporation. It acquired their rival Kelly-Springfield Tire in 1935. DuringWorld War II Goodyear manufacturedF4U Corsair fighter planes for the U.S. Military. Goodyear ranked 30th among United States corporations in the value of wartime production contracts.[17] WWII forced the dissolution of the Goodyear-Zeppelin partnership in December 1940. By 1956 they owned and operated a nuclear processing plant in Ohio.

In 1944, Goodyear created a subsidiary in Mexico in a joint venture with Compañía Hulera,S.A. de C.V., Compañía Hulera Goodyear-Oxo, S.A. de C.V. or Goodyear-Oxo.

Goodyear opened a factory inLurgan,Northern Ireland in 1967 to manufacturehoses,fan belts,conveyor belts, and other rubber products. It was immediately lauded as "Craigavon's industrial revolution" for providing critical employment in the area. A football team known asGoodyear F.C. is still currently active in theMid-Ulster Football League despite the factory closing down in 1983.[18] It was established by laborers of the Goodyear factory. They play in Goodyear's classic blue and yellow colours, and their badge is the Goodyear logo.[19][20]

Radial tire transition

[edit]

Goodyear is the only one of the five biggest tire firms among US tire manufacturers in 1970 to remain independent into the 21st century. Goodyear's success was partly due to the challenge posed byradial tire technology, and the varied responses.[21] At the time, the entire US tire industry produced the olderbias-ply technology. Estimates to fit factories with new machinery and tools for making the new product were between $600 million and $900 million. This was a substantial amount in a low margin business with sales revenue in the low billions.[22] The US market was slowly shifting towards the radial tire, as had already been the case in Europe and Asia. In 1968,Consumer Reports, an influential American magazine, acknowledged the superiority of radial construction, which had been developed in 1946 byMichelin.[22][23]

WhenCharles J. Pilliod Jr. became CEO in 1974, he faced a major investment decision regarding the radial tire, which today has a market share of nearly 100%.[24] Despite heavy criticism at the time, Pilliod invested heavily in new factories and tooling to build the radial tire.[25] Sam Gibara, who headed Goodyear from 1996 to 2003, has noted that without the action of Pilliod, Goodyear "wouldn't be around today."[25]

Sales for 1969 topped $3 billion. Five years later sales topped $5 billion and Goodyear operated in 34 countries. In 1978, the original Akron plant was converted into a Technical Center for research and design. By 1985, worldwide sales exceeded $10 billion.

Goodyear Aerospace, a holding that developed from the Goodyear Aircraft Company afterWorld War II, designed a supercomputer for NASA's Goddard Spaceflight Center in 1979, theMPP. The subsidiary was sold in 1987 to theLoral Corporation as a result of restructuring.

In 1987, Goodyear formed a business partnership with Canadian tire retailerFountain Tire.[26]

Diversification and Goldsmith affair 1986

[edit]

In the 1980s, incoming Goodyear CEO Robert E. Mercer argued that the tire and automobile-related businesses that formed the core of Goodyear to that date were slow growing and a handicap. He set a strategy "to get away from the cyclical nature of the automobile business through mergers or purchase of businesses unrelated to tires or vehicles."[27]

In 1983, Goodyear acquired the natural gas companyCeleron Corporation in exchange for stock valued at more than $740 million.[27] It went on to invest heavily in gas exploration including the 1,200 mile crude oil"All American" pipeline from California to Texas. The project was initially estimated to cost $600 million[28] but ultimately cost almost $1 billion.[29]

In October 1986 British financierJames Goldsmith in conjunction with the investment groupHanson purchased 11.5% of Goodyear's outstanding common stock.[30] This was viewed as agreenmail attack by some, and as shareholder activism by Goldsmith, who viewed the company's move into areas far removed from tire development production and sale as commercially ill-advised and wanted the company to divest, especially, its oil interests which he viewed as depressing the value of the company.[31]

On November 20, 1986, Goodyear acquired all of the stock held by Goldsmith's group (12,549,400 shares) at an above-market price of $49.50 per share.[32] Goodyear also made a tender offer for up to 40 million shares of its stock from other shareholders at $50 per share. The tender offer resulted in Goodyear buying 40,435,764 shares of stock in February 1987.

As a result of the stock buyback, Goodyear took a charge of $224.6 million associated with a massive restructuring plan. It sold its Goodyear Aerospace business to Loral Corporation for $588 million and its motor wheel business to Lemmerz Inc. for $175 million.[33] Two subsidiaries involved in agricultural products, real estate development, and a resort hotel in Arizona were sold for $220.1 million. The company also sold the Celeron gas and oil corporation. In 1998, the All American Pipeline, Celeron Gathering, and Celeron Trading and Transportation were sold, largely completing what Goldsmith's hostile takeover had suggested good management should do. In the years following 1987, the company invested in its tire business. President Tom Barrett succeeded Chairman Robert Mercer in 1989, and began a process of modernizing and expanding Goodyear plants in cities likeLawton, Oklahoma, Napanee, Canada,Point Pleasant, West Virginia, andScottsboro, Alabama.[34] In the 2000s, the move of business into low-wage countries, facilitated byGATT (which Goldsmith had warned government against, calling it "a policy to impoverish"[35]), resulted in plants across North America being shuttered, for instanceCumberland, Maryland;New Toronto, Ontario, Canada, andWindsor, Vermont were closed.

1990 to present

[edit]
Airless tire concept

The last major restructuring of the company took place in 1991. Goodyear hiredStanley Gault, former CEO ofRubbermaid, to expand the company into new markets.[36] The moves resulted in 12,000 employees being laid off.[37]

In 2005,Titan Tire purchased the farm tire business of Goodyear, and manufactures Goodyear agricultural tires under license.[38] This acquisition included the plant inFreeport, Illinois.[38]

In the summer of 2009, the company announced it would close its tire plant in thePhilippines as part of a strategy to address uncompetitive manufacturing capacity globally by the end of the third quarter of that year.[39]

Goodyear announced plans to sell the assets of its Latin American off-road tire business to Titan Tire for $98.6 million, including the plant inSão Paulo, Brazil and a licensing agreement that allows Titan to continue manufacturing under the Goodyear brand. This deal is similar to Titan's 2005 purchase of Goodyear's US farm tire assets.[40][41]

In 2011, more than 70 years after the dissolution of the Goodyear-Zeppelin Corporation, it is announced that Goodyear would partner with Zeppelin again (the legacy company Zeppelin Luftschifftechnik) to build more zeppelins together.[42]

In 2018, Goodyear andBridgestone announced the creation ofTireHub, a joint wholesale distribution network across the United States.[43] At the same time, Goodyear also announced that it was ending its distribution relationship withAmerican Tire Distributors, which is the largest tire wholesaler in the US.[44]

In 2018, Goodyear was ordered to pay $40.1 million to J. Walter Twidwell, who claimed he developedmesothelioma because of exposure toasbestos. After the trial, Goodyear asked theNew York Supreme Court for a new trial. Goodyear attorney James Lynch said Goodyear did not receive proper consideration from the jury. Lynch said that the other side's attorneys engaged in character assassinations againstexpert witnesses. During closing remarks, the attorneys for Twidwell put up a slide with the heads of Goodyear's expert witnesses pasted onto "insulting caricatures."[45]

In December 2018, Goodyear ceased operations in Venezuela due a lack of materials and rising costs resulting from hyperinflation.[46]

In February 2021, Goodyear announced that it would acquire theCooper Tire & Rubber Company for $2.5 billion. The transaction closed in the second half of 2021.[47][48]

In July 2024, Goodyear announced the sale of its off-the-road tire business toYokohama Rubber Company for $905 million.[49]

In January 2025, the firm announced the sale of theDunlop brand toSumitomo Rubber Industries for $701 million.[50]

Timeline

[edit]
Goodyear Tires advertisement,Syracuse Post-Standard, February 26, 1916

Source:[34]

  • 1898: Goodyear founded
  • 1899: Automobile tires added to the original product line of bicycle tires, carriage tires and horseshoe pads
  • 1901:Seiberling makes racing tires forHenry Ford
  • 1903: Paul Litchfield granted patent on first tubeless automobile tire (Litchfield would go on to become president of Goodyear-Zeppelin, then board chairman)
  • 1908: Ford'sModel T is outfitted with Goodyear tires
  • 1909: First pneumatic aircraft tire
  • 1911: Firstairship envelope
  • 1912: Goodyear blimp first debuts
  • 1917: Made airships and balloons for the U.S. military duringWorld War I
  • 1919: Tires on the winning car at theIndianapolis 500
  • 1924: Zeppelin patents acquired, joint venture Goodyear-Zeppelin Corporation formed with the German company
  • 1925:Pilgrim is launched, the first commercial non-rigid airship to use helium
  • 1926: World's largest rubber company, based on sales of $230,161,356
  • 1927: Initial public offering[15]
  • 1929: Construction of world's largest airship dock started in Akron
  • 1929: Introduction of first-known example of low-pressuretundra tires for aviation, invented by Alvin J. Musselman as Goodyear "Airwheels"[51]
  • 1935: Acquired Kelly-Springfield Tire
  • 1937: First American-made synthetic rubber tire
  • 1940: In December, Goodyear-Zeppelin Corporation dissolved with WWII straining partnership[42]
  • 1942: Awarded contract to buildFG-seriesCorsair naval fighter planes
  • 1944: Tire testing begins nearSan Angelo, Texas[34]
  • 1947: First nylon tires developed
  • 1949: First television advertising with sponsorship of "The Goodyear Review," hosted by Paul Whiteman
  • 1954: First nationwide strike in company's history lasted 52 days
  • 1956: Goodyear-operated U235 atomic processing plant opens inOhio
  • 1957: Goodyear Proving Grounds for tire testing, near San Angelo, Texas, is rebuilt[34]
  • 1958: Production of foam-padded instrument panels begun for 1959 model cars
  • 1962: Goodyear racing tires used on more winning stock and sports cars than any other brand
  • 1963: Goodyear produces its one billionth tire
  • 1965: Radial-ply tires made available in a full range of sizes to auto manufacturers
  • 1967: Goodyear introduces thePolyglas tire, one of the first wide-tread bias-belted fiberglass tires, which along with similar tires from competitors such as the FirestoneWide-Oval would become regular equipment on 1970 to 1974 models, which would be superseded by radial tires beginning in 1975.
  • 1969: Sales reach $3 billion
  • 1970: First tires on the moon (Apollo 14)
  • 1974: Sales reach $5 billion
  • 1975: All tires used in Indianapolis 500 supplied by Goodyear
  • 1976: Chemical Division shipped first shatterproof polyester resin bottles
  • 1977: Industry's first all-season tire(Tiempo) introduced
  • 1978: Akron plant converted into Technical Center for R&D
  • 1983: Three billionth tire produced
  • 1984: Worldwide sales exceed $10 billion
  • 1986:James Goldsmith takeover attempt and resulting restructuring
  • 1987: Completion of the California–Texas "All American" oil pipeline
  • 1991:Aquatred tire introduced
  • 1992: Began selling tires at Sears stores[52]
  • 1993: Opened first tire store in Beijing, China
  • 1993: Inauguration of Dalian plant, China
  • 1994: "electronic store" opened onCompuServe
  • 1995: Worldwide sales exceed $13 billion
  • 1995: Bought Polish Tire Company Dębica
  • 1998: Sold the All American Pipeline and Celeron businesses
  • 1999: Announced $1 billion global alliance with Japan's Sumitomo Rubber Industries, which had rights to theDunlop Tires brand in much of the world, to establish six joint ventures in North America, Europe and Japan
  • 2000: Formed an Internet-based purchasing alliance with five other rubber companies called RubberNetwork.com
  • 2003: Quarterly dividend to shareholders eliminated
  • 2004: AssuranceTripleTred andComforTred tires introduced
  • 2005: North American farm tire operations sold to Titan Tire Corporation[53]
  • 2006: Goodyear blimp made maiden voyage in China
  • 2007: Engineered Products Division sold to Carlyle Group; EPD is renamedVeyance Technologies
  • 2008: Voluntary Employees' Beneficiary Association trust (VEBA) approved by U.S. District Court, funded with $1 billion
  • 2009: Goodyear Assurance Fuel Max tire introduced in North America
  • 2010: Plans announced to sell European and Latin American farm tire businesses
  • 2011: After being dissolved during WWII, Goodyear and Zeppelin's legacy company partner again to build more airships together[42]
  • 2013: New headquarters complex opens in Akron[54]
  • 2015: Goodyear and Sumitomo announced that they would dissolve their worldwide partnership.[55]
  • 2018: The company ranked 187th on theFortune 500 list of the largest United States companies by revenue marking its 24th year on the list

Corporate structure and leadership

[edit]

Board of directors

[edit]

[when?]

Former Board members includeShirley D. Peterson,William J. Contay,James C. Boland andRodney O'Neal. Mark Stewart is thechief executive officer and president of the company (since 2024), succeeding Richard Kramer.

Subsidiaries and sub-brands

[edit]

Controversies

[edit]

Foreign relations with Indonesia in the 1960s

[edit]

Following the military coup in Indonesia in 1965, the Indonesian presidentSuharto encouraged Goodyear to return and offered rubber resources and political prisoners as labor. In an NBC special aired in 1967, reporter Ted Yates aired footage showing former Communist rubber union workers escorted at gunpoint to the rubber plantation.

Bad as things are in Indonesia, one positive fact is known. Indonesia has a fabulous potential wealth in natural resources and the New Order [the fascist regime headed by pro-U.S. General Suharto] wants it exploited. So they are returning the private properties expropriated by Sukarno's regime. Goodyear'sSumatran rubber empire is an example. It was seized [by the rubber workers] in retaliation for U.S. aggression in Vietnam in 1965. The rubber workers union was Communist-run, so after the coup many of them were killed or imprisoned. Some of the survivors, you see them here, still work the rubber – but this time as prisoners, and at gunpoint.[59][irrelevant citation]

Pay discrimination lawsuits

[edit]
Main article:Ledbetter v. Goodyear Tire & Rubber Co.

United StatesSupreme Court JusticeRuth Bader Ginsburg stated,

Lilly Ledbetter was a supervisor at Goodyear Tire and Rubber's plant in Gadsden, Alabama, from 1979 until her retirement in 1998. For most of those years, she worked as an area manager, a position largely occupied by men. Initially, Ledbetter's salary was in line with the salaries of men performing substantially similar work. Over time, however, her pay slipped in comparison to the pay of male area managers with equal or less seniority. By the end of 1997, Ledbetter was the only woman working as an area manager and the pay discrepancy between Ledbetter and her 15 male counterparts was stark: Ledbetter was paid $3,727 per month; the lowest paid male area manager received $4,286 per month, the highest paid, $5,236.[60]

Lilly Ledbetter sued Goodyear claiming she was paid less than men doing the same work. She won the suit and was awarded $360,000, the jury deciding that Goodyear had clearly engaged in discrimination. The case was appealed to theSupreme Court. InLedbetter v. Goodyear Tire & Rubber Co., 550 U.S. 618 (2007), Justice Alito held for the five-justice majority that employers are protected from lawsuits over race or gender pay discrimination if the claims are based on decisions made by the employer 180 days ago or more. TheUnited States Congress overturned this decision by passing theLilly Ledbetter Fair Pay Act of 2009 which was the first bill signed into law byPresident Obama.[61]

This was a case of statutory rather than constitutional interpretation. The plaintiff in this case, Lilly Ledbetter, characterized her situation as one where "disparate pay is received during the statutory limitations period, but is the result of intentionally discriminatory pay decisions that occurred outside the limitations period." In rejecting Ledbetter's appeal, the Supreme Court said that "she could have, and should have, sued" when the pay decisions were made, instead of waiting beyond the 180-day statutory charging period.

Justice Ginsburg dissented from the opinion of the court,[60] joined by Justices Stevens, Souter, and Breyer. She argued against applying the 180-day limit to pay discrimination, because discrimination often occurs in small increments over large periods of time. Furthermore, the pay information of fellow workers is typically confidential and unavailable for comparison. Ginsburg argued that pay discrimination is inherently different from adverse actions, such as termination. Adverse actions are obvious, but small pay discrepancy is often difficult to recognize until more than 180 days of the pay change. Ginsburg argued that the broad remedial purpose of the statute was incompatible with the court's "cramped" interpretation. Her dissent asserted that the employer had been, "Knowingly carrying past pay discrimination forward" during the 180-day charging period, and therefore could be held liable.

Environmental record

[edit]

Researchers at theUniversity of Massachusetts Amherst identified Goodyear as the 19th-largest corporate producer ofair pollution in the United States, with roughly 4.16 million lbs of toxins released into the air annually. Major pollutants includedsulfuric acid,cobalt compounds, andchlorine.[62] TheCenter for Public Integrity reports that Goodyear has been named as a potentially responsible party in at least 54 of the nation'sSuperfund toxic waste sites.[citation needed]On February 8, 2008, Goodyear announced the launch of an environmentally friendly tire produced using acornstarch-based material. The Goodyear Eagle LS2000 partially replaces the traditionalcarbon black andsilica with filler materials derived from corn starch thanks to "BioTRED compounding technology". The new technology increases the tires "flexibility and resistance to energy loss", which extend the tires life-span and lessen the impact on the environment.[63] Similarly, Goodyear announced on April 22, 2008, that it had joined the U.S.Environmental Protection Agency's SmartWay Transport Partnership. The transport partnership is an attempt between the truck transportation industry and the EPA to reduce air pollution andgreenhouse emissions as well as increase energy efficiency. The SmartWay partnership's tractors and trailers will use Goodyear's Fuel Max linehaul tires that increase fuel efficiency while reducing emissions. According to Goodyear and EPA officials "the fuel-efficient line-haul tires deliver up to 4% improved truck fuel economy, and when used with other SmartWay-qualified components, each 18- wheel tractor and trailer used in long-haul can produce savings of up to 4,000 gallons per year, or more than $11,000 annually."[64]

Foreign Corrupt Practices Act charges

[edit]

On February 24, 2015, Goodyear agreed to pay more than $16 million to settleForeign Corrupt Practices Act "FCPA" charges that two of its African subsidiaries allegedly paid $3.2 million in bribes that generated $14,122,535 in illicit profits.[65] TheU.S. Securities and Exchange Commission "SEC" FCPA charges involved Goodyear subsidiaries in Kenya and Angola for allegedly paying bribes to government and private-sector workers in exchange for sales in each country.[66] According to the SEC because "Goodyear did not prevent or detect these improper payments because it failed to implement adequate FCPA compliance controls at its subsidiaries" and, for the Kenyan subsidiary, "because it failed to conduct adequate due diligence" prior to its acquisition. It was not alleged that Goodyear had any involvement with or knowledge of its subsidiaries' improper conduct.[67]

Internal training and discrimination

[edit]

On August 18, 2020,WIBW, a localCBS-affiliate television station, reported that an internal PowerPoint slide on political attire from aTopeka, Kansas, training seminar was circulating on social media.[68] The leaked slide depicted a "zero tolerance" policy towards some political movements.[69] PresidentDonald Trump called for a boycott of Goodyear tires the following day, as Trump campaign attire such asMAGA hats were among the banned products.[70] Goodyear responded via Twitter, stating "the visual in question was not created or distributed by Goodyear corporate, nor was it part of a diversity training class".[71] Following release of the audio that went with the slide,[72] Goodyear admitted the slide was used at its Topeka factory.[73]

Tire blowouts

[edit]

Defective tires are suspected to be the cause of multiple truck accidents and fatal injuries that occurred in France, Spain and other European countries in the 2010s, according to an investigation published in the French dailyLe Monde in March 2024.[74] According to the journalists, although Goodyear was aware of the problems, it did not recognize them. While the company quietly withdrew defective tires from the market and offered indemnities to the family of victims, it did not initially recognize the tires were defective and did not implement the European Union rapid alert system for unsafe consumer products, called Rapex.[75]

Manufacturing and development facilities

[edit]
LocationDOTplant code[76][77]Division and Product or activity[78][79]
Akron, Ohio, United StatesMB/1MBThe Goodyear Tire & Rubber Co. – Global headquarters, North America headquarters, Goodyear Dunlop Tires North America headquarters, innovation center, racing tires, chemicals, tire proving grounds, airship operations
Bayport, Texas, United StatesGoodyear Chemical – Chemicals
Beaumont, Texas, United StatesGoodyear Tire & Rubber Co. – Synthetic Rubber
Clarksdale, Mississippi, United StatesThe Goodyear Tire & Rubber Co. – Bladders, Mixed Stock, Compounding
Danville, Virginia, United StatesMC/1MCThe Goodyear Tire & Rubber Co. – Aircraft tires, commercial tires
Fayetteville, North Carolina, United StatesPJ/1PJThe Goodyear Tire & Rubber Co. – Passenger car tires
Findlay, Ohio, United StatesUP/1UPCooper Tire & Rubber Co. – Consumer Tires, Technical Center, Tire Molds
Gadsden, Alabama, United StatesMD/1MDThe Goodyear Tire & Rubber Co. – Passenger car tires
Hebron, Ohio, United StatesP1/1P1The Goodyear Tire & Rubber Co. – Development Center[80]
Houston, Texas, United StatesThe Goodyear Tire & Rubber Co. – Synthetic Rubber
Kingman, Arizona, United StatesThe Goodyear Tire & Rubber Co. – Aircraft Tire Retreading
Lawton, Oklahoma, United StatesM6/1M6The Goodyear Tire & Rubber Co. – Consumer tires
Niagara Falls, New York, United StatesGoodyear Chemical – Chemicals
Pompano Beach, Florida, United StatesThe Goodyear Tire & Rubber Co. – Airship Operations
San Angelo, Texas, United StatesThe Goodyear Tire & Rubber Co. – Tire Proving Grounds
San Francisco, California, United StatesThe Goodyear Tire & Rubber Co. – Innovation Lab
Social Circle, Georgia, United StatesThe Goodyear Tire & Rubber Co. – Tread Rubber
Statesville, North Carolina, United StatesThe Goodyear Tire & Rubber Co. – Tire Molds
Stockbridge, Georgia, United StatesThe Goodyear Tire & Rubber Co. – Aircraft Tire Retreading
Texarkana, Arkansas, United StatesUT/1UTCooper Tire & Rubber Co. – Consumer Tires
Topeka, Kansas, United StatesMJ/1MJThe Goodyear Tire & Rubber Co. – Commercial tires, OTR tires
Tupelo, Mississippi, United StatesU9/1U9Cooper Tire & Rubber Co. – Consumer Tires
São Paulo, BrazilMX/1MXCompanhia Goodyear Do Brazil – Latin America headquarters, aircraft tires, aircraft tire retreading
Americana, São Paulo, BrazilY1/1Y1Companhia Goodyear Do Brazil – Tire proving grounds, consumer tires, commercial tires, OTR tires
Napanee, Ontario, Canada4B/14BGoodyear Canada, Inc. – Passenger car tires
North Bay, Ontario, CanadaGoodyear Canada, Inc. Off The Road -Construction and Mining
Medicine Hat, Alberta, CanadaPC/1PCThe Goodyear Tire & Rubber Co. Of Canada Ltd – Consumer tires
Valleyfield, Quebec, Canada– Mixing center
Santiago, ChileM7/1M7Goodyear De Chile, S.A.I.C. – Consumer tires
Shahekou District, China7L/17LThe Goodyear Tire & Rubber Co. –
Pulandian, Dalian, ChinaTC/1TCGoodyear Dalian Tire Company Ltd. – Consumer tires, commercial tires
Cali, ColombiaMY/1MYGoodyear De Colombia, S.A. – Commercial tires, OTR tires
Wolverhampton, United KingdomNB/1NBThe Goodyear Tyre & Rubber Co. – THE GOODYEAR TYRE & Rubber Co.
Amiens, FranceNC/1NCGoodyear France S.A. – Consumer tires (Closed)[81]
Montluçon, FranceDK/1DKDunlop France S.A. – Motorcycle and scooter tires, passenger car tires
Riom, France– Truck tire retreading
Philippsburg, GermanyND/1NDDeutsche Goodyear GmbH – Warehouse
Fulda, Germany– Passenger car tires
Hanau, GermanyDM/1DMDunlop GmbH – Passenger car tires and race tires
Riesa, Germany– Passenger car tires
Fürstenwalde, Germany– Passenger car tires
Wittlich, Germany– Truck tires and truck tire retreading
Grand Duchy Of LuxembourgKM/1 kmThe Lee Tire & Rubber Co.(Goodyear S.A. Colmar-Berg) – Goodyear Innovation center Luxembourg (GIC*L), regional calendering center, commercial tires, OTR tires, tire proving grounds, tire molds, tire plant
Grand Duchy Of LuxembourgNJ/1NJGoodyear S.A. –
Waluj, India1W/11WGoodyear India Ltd –
Gurgaon, IndiaNK/1NKGoodyear India Ltd. –
Bogor, IndonesiaNL/1NLThe Goodyear Tire & Rubber Ltd. –
Dudelange, LuxembourgL1/1L1Goodyear Dunlop Tires Operations SA – Passenger car tires
Selangor, MalaysiaT8/1T8Goodyear Malaysia Berhad –
San Luis Potosí, MexicoPL/1PLGoodyear – SLP, S de R.L. de C.V. – Consumer tires
Tilburg, Netherlands– Aircraft tire retreading
Lima, PeruNT/1NTCompania Goodyear Del Peru – Consumer tires, commercial tires
Dębica, Poland– Passenger Car Tires, Truck Tires
Kranj, Slovenia– Passenger car tires and truck tires
Uitenhage, South AfricaNW/1NWThe Goodyear Tire & Rubber Co. (S.A.) (Pty) Ltd. – Consumer tires, commercial tires, agricultural tires, OTR tires
Bangkok, ThailandNY/1NYGoodyear (Thailand) Ltd. – Consumer tires, aircraft tires, aircraft retreading
Adapazarı, TurkeyCO/C01Goodyear Lastikleri TAS – Consumer tires
İzmit, TurkeyPA/1PAGoodyear Lastikleri TAS – Commercial tires
Valencia, VenezuelaPB/1PBCA Goodyear De Venezuela –

Goodyear blimps

[edit]
Main article:Goodyear Blimp
Wingfoot Three

The Goodyear Blimps are a fleet ofairships used mainly foradvertising purposes and capturing aerial views of live sporting events fortelevision.[82] ThePilgrim in 1925 was Goodyear's first blimp used for advertising.

Beginning in 2014, Goodyear began retiring theirGZ-20 airships and replacing them with theZeppelin NT.[83][84]Wingfoot One, the first semi-rigid Zeppelin in Goodyear's U.S. fleet, waschristened on August 23, 2014, at theWingfoot Lake Airship Hangar near Akron.[85] The fleet consists ofWingfoot One, based inPompano Beach, Florida;[86]Wingfoot Two, based inCarson, California; andWingfoot Three, based inSuffield, Ohio.[87]

Leadership

[edit]

President

[edit]
  1. D. E. Holl, 1898–1899
  2. R. C. Penfield, 1899–1903
  3. L. C. Miles, 1903–1906
  4. Frank A. Seiberling, 1906–1921
  5. E. G. Wilmer, 1921–1923
  6. G. M. Stadelman, 1923–1926
  7. Paul W. Litchfield, 1926–1940
  8. Edwin J. Thomas, 1940–1958
  9. Russell DeYoung, 1958–1971
  10. Victor Holt Jr., 1971–1972
  11. Charles J. Pilliod Jr., 1972–1974
  12. John H. Gerstenmaier, 1974–1978
  13. Robert E. Mercer, 1978–1982
  14. Tom H. Barrett, 1982–

Chairman of the Board

[edit]
  1. Paul W. Litchfield, 1930–1958
  2. E. J. Thomas, 1958–1964
  3. Russell DeYoung, 1964–1974
  4. Charles J. Pilliod Jr., 1974–1983
  5. Robert E. Mercer, 1983–

See also

[edit]

References

[edit]
  1. ^"The Goodyear Tire & Rubber Company 2024 Annual Report (Form 10-K)".sec.gov.U.S. Securities and Exchange Commission. February 14, 2025.
  2. ^"The World's Leading Tyre Manufacturers". Tyrepress. RetrievedSeptember 16, 2025.
  3. ^"Goodyear Returns to Bicycle Tires".Bloomberg.com. March 2, 2015. RetrievedJanuary 19, 2018 – via www.bloomberg.com.
  4. ^O'Reilly, Maurice (1983).The Goodyear Story. Benjamin Company. pp. 13–21.ISBN 978-0-87502-116-4.
  5. ^Terdiman, Daniel."Goodyear bids goodbye to blimps, says hello to zeppelins".CNET. RetrievedDecember 30, 2014.
  6. ^"FormulaSPEED2.0". Archived fromthe original on March 27, 2012. RetrievedDecember 29, 2011.
  7. ^"History of DJIA".globalfinancialdata.com. Archived fromthe original on September 26, 2007.
  8. ^"Goodyear Tire & Rubber Company | American company".Encyclopedia Britannica. RetrievedJune 18, 2020.
  9. ^"What Goodyear Has Learned on the Racetrack, It's Taking to the Bicycle".Gear Patrol. April 9, 2018. RetrievedJune 18, 2020.
  10. ^Danon, Mihajlo Borisavljević, Miroslav Terzić, Gradimir; Trifunović, Ivan Ivković, Dragan Sekulić, Aleksandar; Petrović, Predrag; Vasić, Gradimir Danon, Branko; Petrović, Saša; Stanković, Petar; Stamenković, Goran Vorotović, Ivan Blagojević, Branislav Rakićević, Časlav Mitrović, Dragan; Trajanović, Nikola Korunović, Miloš Madić, Miroslav; Vasić, Vlastmir Bukvić, Gradimir Danon, Branko (September 30, 2016).PUMA 2016 Zbornik radova: IX Naučna konferencija PneUMAtici (in Serbian). Institut za istraživanja i projektovanja u privredi. p. 118.ISBN 978-86-84231-32-3.{{cite book}}: CS1 maint: multiple names: authors list (link)
  11. ^"Goodyear Plant Bowmanville".hikingthegta.com. Hiking the GTA. May 2022. RetrievedMay 27, 2024.
  12. ^Jan Przewłocki,Czechosłowacja wobec problemu Górnego Śląska w latach 1919–1921,Zaranie Śląskie, January–March 1968.
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  17. ^Peck, Merton J. &Scherer, Frederic M. (1962).The Weapons Acquisition Process: An Economic Analysis.Harvard Business School. p. 619.
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  21. ^Sull, Donal (November 27, 2000)."The Dynamics of Standing Still: Firestone Tire & Rubber and the Radial Revolution". Harvard Business School. RetrievedJune 27, 2016.
  22. ^abTedlow, Richard S. (2010).Denial: Why Business Leaders Fail to Look Facts in the Face – and what to Do about it. New York: Portfolio.ISBN 978-1591843139.OCLC 430051381.
  23. ^"A Tale of Two Tires".Bloomberg.
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  26. ^"Corporate History".Fountain Tire. Archived fromthe original on March 3, 2016. RetrievedJanuary 19, 2018.
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  33. ^"We didn't invent the wheel... just every innovation since".www.maxionwheels.com. RetrievedApril 11, 2020.
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  40. ^agritica.com, alles over landbouwmechanisatie, tractors, gebruikte machines, tweedehands trekkersArchived November 18, 2012, at theWayback Machine
  41. ^Titan International | America's Best Since 1898Archived December 31, 2010, at theWayback Machine
  42. ^abcGrossman, Dan (May 3, 2011)."The Goodyear Blimp will become Goodyear Zeppelin".Airships.net. RetrievedMay 31, 2013.
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  44. ^"Goodyear Says It Will Be Better Off Following Its Divorce From ATD".moderntiredealer.com. RetrievedJuly 18, 2018.
  45. ^Breslin, John."Citing 'character assassinations' of witnesses, Goodyear asks for new trial in $40 million asbestos case". RetrievedAugust 26, 2018.
  46. ^Vasquez, Alex; Rosati, Andrew (December 10, 2018)."Goodyear Shuts Down in Venezuela and Gives Tires as Severance".Bloomberg. RetrievedDecember 11, 2018.
  47. ^"Goodyear to Acquire Cooper, Creating Stronger U.S.-Based Leader in Global Tire Industry".Goodyear Corporate. Archived fromthe original on February 22, 2021. RetrievedFebruary 22, 2021.
  48. ^"CTB/GT: Goodyear, Cooper to Merge in $2.8B Cash, Stock Deal".Reorg. RetrievedFebruary 25, 2021.
  49. ^"Pneus : Yokohama Rubber rachète l'activité «hors route» de Goodyear pour 905 millions millions d'euros".Le Figaro (in French). July 23, 2024. RetrievedSeptember 10, 2025.
  50. ^"Tire maker Goodyear to sell Dunlop brand to Japan's Sumitomo Rubber for $701 mln".REuters. January 8, 2025. RetrievedSeptember 10, 2025.
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  52. ^"Company News; Sears Will Sell Goodyear Tires".The New York Times. March 4, 1992.ISSN 0362-4331. RetrievedMay 26, 2020.
  53. ^"Titan Tire Corporation Enters Agreement to Purchase Goodyear Farm Tire Business".www.businesswire.com. February 28, 2005. RetrievedMay 26, 2020.
  54. ^Schneider, Keith (June 25, 2013)."Akron Shakes Off Some Rust With Goodyear Tire's Help".The New York Times.ISSN 0362-4331. RetrievedMay 26, 2020.
  55. ^Bennett, Jeff (October 1, 2015)."Goodyear, Sumitomo Dissolve Global Alliance".The Wall Street Journal.ISSN 0099-9660. RetrievedMay 26, 2020.
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  61. ^Day of vindication for grandma as pay law signed January 30, 2009 Washington (CNN).
  62. ^Political Economy Research Institute Toxic 100Archived 2011-10-01 at theWayback Machine Retrieved August 14, 2007.
  63. ^"Goodyear Launch Environmentally Friendly Tire With Corn Starch". Goodyear. February 8, 2008. Archived fromthe original on September 3, 2007. RetrievedMay 6, 2008.
  64. ^"Goodyear Joins U.S. EPA SmartWay Transport Partnership" April 22, 2008. Accessed May 6, 2008.
  65. ^Pelletier, Paul; Tidman, Aaron; Haviland, Jane (February 25, 2015)."Goodyear's Settlement with the SEC Emphasizes the Importance of FCPA Due Diligence in M&A Transactions and of Having a Robust Anti-Corruption Policy". Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. RetrievedMarch 2, 2015.
  66. ^Horn, George (March 1, 2015)."M and A Due Diligence Failures: FCPA and Goodyear".The National Law Review. Barnes & Thornburg LLP. RetrievedMarch 2, 2015.
  67. ^Mandelker, Sigal P.; Emert, Rochelle H.; Caraballo-Garrison, Phillip J. (February 27, 2015)."Goodyear Pays for Sins of Subsidiaries in $16 Million Settlement".National Law Review. Proskauer Rose LLP. RetrievedMarch 2, 2015.
  68. ^Shepardson, David; Wolfe, Jan (August 19, 2020)."Trump urges Goodyear tire boycott after company bars political attire".Reuters. Archived fromthe original on August 19, 2020. RetrievedAugust 19, 2020.
  69. ^Wheat, Shawn (August 18, 2020)."Goodyear responds to zero-tolerance policy slide labeled by employee as discriminatory".WIBW. RetrievedAugust 19, 2020.
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  72. ^Isaac French; Shawn Wheat (August 19, 2020)."New audio from the Goodyear training on their zero-tolerance policy".WIBW-TV CBS. RetrievedAugust 22, 2020.black lives matter or LGBTQ pride on their face coverings, shirts or wristbands. That will be deemed approved because it applies with a zero-tolerance stance," the speaker said during the meeting. "However if any associate wears all, blue, white lives matter shirts or face coverings, that will be not appropriate."
  73. ^@goodyear (August 20, 2020)."A message from Rich Kramer: By now,..." (Tweet) – viaTwitter.
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  83. ^"Iconic Goodyear Blimp Retires after Daytona 500" (Press release). Goodyear. February 24, 2014. Archived fromthe original on March 15, 2014. RetrievedFebruary 26, 2014.
  84. ^"Goodyear Blimp "Spirit of America" Retires; Transition To High Tech Fleet Continues" (Press release). Goodyear. July 26, 2015. Archived fromthe original on August 7, 2015. RetrievedJuly 31, 2015.
  85. ^Cohen, Aubrey (August 25, 2014)."Goodyear's New 'Wingfoot One Cody B' Isn't a Blimp".Seattle Post-Intelligencer. Hearst Seattle Media, LLC. RetrievedSeptember 4, 2014.
  86. ^FAA (2014)."N-Number Inquiry Results: N1A".FAA Registry – registry.faa.gov.Federal Aviation Administration. Archived fromthe original on June 24, 2018. RetrievedSeptember 9, 2014.N-Number: N1A... Status: Valid... Certificate Issue Date: 08/27/2014...
  87. ^"Goodyear's Wingfoot Three airship debuts on first day of summer".Akron Beacon Journal.

Further reading

[edit]
  • Richard Korman.The Goodyear Story: An Inventor's Obsession and the Struggle for a Rubber Monopoly (2002)
  • Ronald P. Conlin; "Goodyear Advertising Research: Past, Present and Future" Journal of Advertising Research, Vol. 34, 1994. The real story of Goodyear.

External links

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