Goodyear Plans Commercial Tyre Unit for China

Chinese news sources are suggesting strongly that plans are in progress at Goodyear for a new US$500 million facility in Dalian, China.


It is said that the plant will be launched in 2010, and will produce commercial truck tyres for the Chinese market – a first for the U.S. giant. The reports come on the heels of Goodyear ’s announcement that it would relocate its existing plant in that city to another area with greater available acreage.

Perhaps these reports are a little more speculative than they first seem. Back in February, T&A reported that Goodyear were on the verge of signing an agreement to invest up to US$1 billion – a huge figure by anyone’s estimations – in a Dalian-based venture. The latest reports, while quoting a figure only half that size, therefore perhaps have a faint whiff of red herring about them.

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