Goodyear Tire & Rubber Co. has shut down its tire manufacturing facility in Union City, Tenn., affecting 1,900 jobs. The company previously planned to close the plant by the end of the year but was able to transfer work to other facilities quicker than expected.
The Goodyear Tire & Rubber Company (Goodyear) is a manufacturer of tires. The Company, along with its subsidiaries, is principally engaged in the development, manufacture, distribution and sale of tires and related products and services worldwide. Goodyear also manufactures and markets rubber-related chemicals for range of applications.
Information is provided by the Plant Prospector. For more information on the product, follow this link http://bankrupt.com/periodicals/pp.html.
The Plant Prospector is a weekly e-mail service that identifies national, regional, and local plants and businesses in transition through layoffs, closings, and work force reductions. A reduction in the number of employees is an indication of a current or imminent change in the operations of an enterprise and is invaluable in identifying companies including private firms, small public companies, and subsidiaries of major corporations that are in flux. Plant Prospector is an ideal prospecting tool for firms that provide services to businesses in transition, such as temporary employment agencies and outplacement firms, and for companies whose business may be affected by change, such as suppliers, professional firms, and insurance companies.
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