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Tires Cut - USA - Goodyear to Close Plants in Restructuring
NEW YORK,NY,USA -The Washington Post/AP -Sept 23, 2005 :-/ Goodyear Tire & Rubber Co. said Friday it will close an undisclosed number of plants as part of a sweeping restructuring aimed at improving its North American tire business and saving up to $1 billion over the next three years... The Akron, Ohio-based company, the world's largest tire maker, did not say how many jobs would be affected, how many plants would be closed or their locations. But it did say it would focus the cuts on high-cost plants and increase sourcing from Asia as it seeks other ways to boost productivity while introducing new products...
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