Innovative rubber tyres are entering the era of space missions: as a catalyst to advancing science and mobility technology on Earth and beyond, says Angelica Buan in this article. Rubber tyre’s cosmic journey Space exploration is making history with landmark…
Tag: goodyear
Gemspring completes acquisition of Goodyear’s polymer biz for US$650 mn
Gemspring Capital Management, a middle-market private equity firm, has announced that an affiliate has completed the acquisition of tyre maker Goodyear Tire & Rubber Company’s polymer chemicals business, for a purchase price of US$650 million, subject to adjustments. At the…
Goodyear to pump US$320 mn into US plant expansion
US tyre maker Goodyear Tire & Rubber Company has revealed plans for a significant expansion of its Lawton, Oklahoma plant in the US, which is the largest tyre factory in its global network. The expansion aims to increase the plant’s production capacity by…
Goodyear/TNO demonstrate vehicle integration to mitigate crashes
Goodyear Tire & Rubber Company, in collaboration with TNO, has announced a significant advancement to vehicle safety systems. The integration of tyre intelligence technology into the automatic emergency braking (AEB) system of a vehicle has demonstrated the potential to mitigate…
Goodyear sells Dunlop brand to Sumitomo Rubber for US$700 mn
Goodyear Tire & Rubber Company has announced that it has signed a definitive agreement to sell the Dunlop brand, comprising trademarks and intangible assets necessary for operations of the brand business in Europe, North America and Oceania for consumer, commercial…
Goodyear to invest in Canadian tyre facility
Goodyear Tire & Rubber Co. in Canada is investing C$575 million to upgrade its plant in Napanee, Ontario, according to a statement released by the country’s Prime Minister Justin Trudeau. The project to modernise and expand the plant will create…
Yokohama Rubber to acquire Goodyear’s OTR business for US$900 mn
Yokohama Rubber Co has announced that it has entered into an agreement to purchase the Off-the-Road tyre (hereafter OTR) business of US-based Goodyear Tire & Rubber Company. The OTR business provides specialised tyres for the mining & construction industries among…
Yokohama mulling over acquiring Goodyear’s OTR tyre business
Japan’s Yokohama Rubber Co. says it is in negotiations to acquire Goodyear Tire & Rubber Co.’s Off-the-Road (OTR) tyre business. According to Bloomberg, the potential deal is valued at around US$1 billion. If the acquisition goes ahead, it will be…
Goodyear opens simulation centre in Luxembourg to enhance tyre development process
Tyre maker Goodyear Tire & Rubber Company has officially opened its simulation centre in Luxembourg for tyre design and development. Outfitted with a DiM250 Dynamic Driving Simulator developed by VI-grade, the centre is designed to enhance Goodyear’s collaboration with OEMs…
Goodyear to shutdown tyre plant in Malaysia
As one of its cost-cutting exercises globally, US tyre maker Goodyear plans to shut down its plant in Malaysia in June, a decision expected to affect more than 500 employees. Goodyear said the decision to shutter the plant in the…