AskBiography Logo   Latest News  Follow Us on Twitter  Follow Us on Google Buzz  Became Fan - Facebook  Subscribe to RSSRSS   Bookmark and Share

Goodyear Tire and Rubber Company

Goodyear Tire and Rubber Company
Company nameThe Goodyear Tire & Rubber Company
Company typePublic
IndustryManufacturing
Founded1898
Founder(s)Frank Seiberling
HeadquartersAkron, Ohio, U.S.
Key peopleRichard Kramer
(Chairman, President and CEO)
ProductsTires
Revenue(+) US$ 18.832 billion (2010) 
Operating income(+) US$ 313 million (2010)
Net income(+) US$ -216 million (2010)
Total assets(+) US$ 15.630 billion (2010)
Total equity(-) US$ 921 million (2010)
Employees72,000 (2010)

     Home | Company | Goodyear Tire and Rubber Company



The Goodyear Tire & Rubber Company was founded in 1898 by Frank Seiberling. Goodyear manufactures tires for automobiles, commercial trucks, light trucks, SUVs, race cars, airplanes, farm equipment and heavy earth-mover machinery.

Even though he had no connection with the company, it was named after Charles Goodyear of Springfield, Massachusetts. Goodyear invented vulcanized rubber in 1839. The first Goodyear tires became popular because they were easily detachable and low maintenance.

Goodyear is very famous throughout the world because of the Goodyear Blimp. The first Goodyear blimp flew in 1925. Today it is one of the most recognizable advertising icons in America. The company is the most successful tire supplier in Formula One history, with more starts, wins, and constructors' championships than any other tire supplier. They pulled out of the sport after the 1998 season. It is the sole tire supplier for NASCAR series.

Goodyear is a former component of the Dow Jones Industrial Average.


Warning: simplexml_load_file(http://gdata.youtube.com/feeds/api/videos/-/Goodyear/Tire/and/Rubber/Company?orderby=viewCount&max-results=10) [function.simplexml-load-file]: failed to open stream: HTTP request failed! HTTP/1.0 410 Gone in /home/askbio/public_html/index_bio.php on line 257

Warning: simplexml_load_file() [function.simplexml-load-file]: I/O warning : failed to load external entity "http://gdata.youtube.com/feeds/api/videos/-/Goodyear/Tire/and/Rubber/Company?orderby=viewCount&max-results=10" in /home/askbio/public_html/index_bio.php on line 257

Fatal error: Call to a member function children() on a non-object in /home/askbio/public_html/index_bio.php on line 260