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Goodyear Tire and Rubber Company

Goodyear Tire and Rubber Company
Company nameThe Goodyear Tire & Rubber Company
Company typePublic
Founder(s)Frank Seiberling
HeadquartersAkron, Ohio, U.S.
Key peopleRichard Kramer
(Chairman, President and CEO)
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)

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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, and heavy earth-mover machinery.

Although the company was not connected with him, it was named in honor of 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.

Goodyear Tire and Rubber Company Video

Goodyear Tire and Rubber Company announced it will close 92 of its US stores and cut nearly 600 full- and part-time jobs. The company claims the closings will cut $9 million in annual losses and it will take after-tax charges of about $30 million in connection with the store shutdowns. Second quarter operating earnings for Goodyear's largest branch, North American Tire, fell by more than half to $24 million. US car sales also reached it 16-year low in July. The largest tire maker in the US by sales claimed in June that it will expand in key markets over the upcoming years and aims to have nearly half of its tire production in lower-cost manufacturing countries by 2012.
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Driving along Flat Shoals Road, the portion located in Fulton County, Georgia. The song heard is "Peppermint Patty," performed by Wynton and Ellis Marsalis, from "Joe Cool's Blues" Sony (p) & (c) 1995.
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February 2009 - Goodyear Wrangler MTR Ride-and-Drive media event at National Harbor near Washington, DC.
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The Goodyear Blimp / airship G-TLEL filmed and photographed over the city Wolverhampton in the West Midlands circling the city centre and the football ground. to learn more about the the famous airship vsit for more video's and slideshow of places in the west midlands visit my channel. futher notes its a shame that like many factories and iconic busnesses in the west midlands, like the goodyear factory in wolverhampton is now only a fifth the size it used to be, i beleive its now just a shed now at the back. the rest of the factory except the clock tower was demolished and sold for redevelopment or houses that no one can afford to buy. please comment if you read this far down.
2.30 min. | 5.0 user rating

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Goodyear groundbreaking scheduled for Monday - Akron Beacon Journal (blog) Tweet this news
Akron Beacon Journal (blog)--By Beacon Journal staff A ceremony is planned for 10 am, just south of -Goodyear Tire- & -Rubber Co-.'s technical center off Martha Avenue, according to city sources. The new headquarters will be built next to the - Date : Thu, 14 Apr 2011 17:38:58 GMT+00:00
Bentley promotes job legislation - Gadsden Times Tweet this news
Gadsden Times---...- Retention Act. By Dana Beyerle MONTGOMERY � Etowah County's chief industrial recruiter on Wednesday urged legislators to approve economic development incentives to protect the 1600-employee -Goodyear Tire- & -Rubber Co-. - Date : Thu, 14 Apr 2011 01:42:31 GMT+00:00
Goodyear Sells Latin American Biz - Tweet this news Tire- & -Rubber Company- (GT - Analyst Report) announced that it has completed sale of its Latin American farm -tire- business to Titan -Tire- Corporation, a subsidiary of Titan International Inc. The -tire- maker announced ag - Date : Tue, 05 Apr 2011 16:45:09 GMT+00:00
Goodyear will raise prices up to 8% on May 1 - Modern Tire Dealer Tweet this news
Modern Tire Dealer---Goodyear Tire- & -Rubber Co-. is planning to raise consumer -tire- prices for the second time in two months. Effective May 1, -Goodyear- will increase prices on all its replacement passenger and light truck tires in North Amer - Date : Sat, 09 Apr 2011 00:36:44 GMT+00:00
Goodyear Tire & Rubber Has Returned 34.2% Since SmarTrend Recommendation (GT) - Benzinga Tweet this news
Benzinga---Goodyear Tire- & -Rubber- is currently above its 50-day moving average of $13.93 and above its 200-day moving average of $11.73. Look for these moving averages to climb to confirm the -company's- upward momentum. In the last five t - Date : Tue, 05 Apr 2011 17:19:00 GMT+00:00
Woman wins lawsuit against Goodyear; gets $450000 award - Fayette Observer Tweet this news
Fayette Observer--A Cumberland County jury has awarded $450000 to a woman who says she was wrongly fired from -Goodyear Tire and Rubber Co-.'s Fayetteville plant. The woman, Lashanda Shaw, was awarded the money in compensatory damages following a fiv - Date : Wed, 06 Apr 2011 04:00:37 GMT+00:00
Goodyear sells Latin American farm tire business - Modern Tire Dealer Tweet this news
Modern Tire Dealer--The -Goodyear Tire- & -Rubber Co-. has completed the sale of its Latin American farm -tire- business to Titan -Tire- Corp., a subsidiary of Titan International Inc. The $99 million sale includes the -company's- Sao Paulo, - Date : Wed, 06 Apr 2011 13:07:44 GMT+00:00
Earthquake plays no part in price hike, says Nash - Modern Tire Dealer Tweet this news
Modern Tire Dealer--Kumho -Tire- USA Inc. raised prices on all passenger, light truck and medium truck tires effective March 1. Kumho says the details of this increase will be provided to its customers in the near future. * -Goodyear Tire- & -Rubb - Date : Tue, 05 Apr 2011 18:23:39 GMT+00:00
Goodyear offering $435 million in preferred stock - BusinessWeek Tweet this news
BusinessWeek---Goodyear Tire- & -Rubber Co-. said Monday it is making a public offering $435 million of mandatory convertible preferred stock. The -company- expects to use proceeds to redeem $350 million in outstanding 10.5 percent senior notes du - Date : Mon, 28 Mar 2011 21:34:58 GMT+00:00
Goodyear's Kramer Addresses 'Innovative Leadership' at Shingo Conference - Tire Review Tweet this news
Tire Review---Goodyear Tire- & -Rubber Co-. Chairman and CEO Rich Kramer was the keynote speaker last Thursday at the Shingo Prize 2011 International Conference in Cincinnati, Ohio, where the tiremaker's Americana, Brazil, plant was presented - Date : Mon, 04 Apr 2011 13:55:57 GMT+00:00

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