Goodyear holds up Akron expansion project, announces job cuts

AKRON (April 20)—Goodyear has decided to put plans to expand its Akron Worldwide Technical Center on hold, saying it does not need the extra space the project would provide. As a result, the tire maker is rejecting incentive plans from the city of Akron and the state of Ohio to help in the proposed $25 million project, which would have included a new 3,000-sq.-ft. technical training center. In addition, about 150 tire manufacturing positions are being cut at the center due to the company´s exit from the Indy-car racing circuits and a reduced need to make experimental tires.