NOW READ OUR ARTICLES IN 40 DIFFERENT LANGUAGES.
HOME PAGE SUBSCRIPTIONS, Print Editions, Newsletter PRODUCTS READ THE PETROLEUM NEWS ARCHIVE! ADVERTISING INFORMATION EVENTS PETROLEUM NEWS BAKKEN MINING NEWS

SEARCH our ARCHIVE of over 14,000 articles
Vol. 13, No. 29 Week of July 20, 2008
Providing coverage of Alaska and northern Canada's oil and gas industry

Petroleum Directory: American Tire looks to buy Goodyear’s Topeka’s OTR plant

In an April 21 letter to Goodyear Tire & Rubber Co.’s board of directors, American Tire Corp. offered to buy Goodyear’s OTR tire plant in Topeka, Kan., at “any reasonable price.”

The Topeka operation is Goodyear’s largest OTR tire plant in the world and its only one in North America. If it’s successful in purchasing the plant, ATC plans to spend $200 million to modernize it, increase by at least 20 percent its production capacity for all sizes of OTR tires, and create more and better paying job opportunities.

According to ATC, the acquisition would not affect its manufacturing activities in Washington.

Already a well-established OTR tire manufacturer, ATC’s objective is to become the largest and best manufacturer for 63-inch and 57-inch tires.

For more information, visit its Web site www.americantire.us.



Did you find this article interesting?
Tweet it
TwitThis
Digg it
Digg
Print this story | Email it to an associate.

Click here to subscribe to Petroleum News for as low as $69 per year.


Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
circulation@PetroleumNews.com --- http://www.petroleumnews.com ---
S U B S C R I B E

Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.