TOPEKA, Kan. (Aug. 7)—Goodyear has decided to invest more than $100 million over the next five years at its Topeka large-tire plant in equipment, processing and technology upgrades—including production of a new two-piece mining tire, the Akron tire maker said. The commitment to utilize the Topeka facility follows the vote by United Steelworkers Local 307 last month to approve schedule changes and wage deferrals—thus boosting the plant's competitiveness and attractiveness for investment. The company had worked with local and state officials earlier this year to secure funding and incentives for the project. State bonds will be issued in $10 million increments for every $50 million Goodyear invests in Topeka, the company said. Equipment upgrades will begin in the fourth quarter, the firm said.
Goodyear OKs modernization project in Topeka
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