AKRON (Oct. 22)—Goodyear Engineered Products will close most of the operations at its Bowmanville, Ontario, manufacturing facility by April 2004 because of overcapacity in the market and a drop in conveyor belt demand. About 160 salaried and hourly employees will be laid off. The company will discontinue production of rubber-coated fabric reinforced and rubber-coated steel cable conveyor belts and relocate its steel-cable belt equipment to an unnamed plant, according to a Goodyear spokesman. That segment accounts for most of the production at the 320,000-sq.-ft. Bowmanville site. A rubber mixing operation will continue operating at the facility, primarily producing blended, unvulcanized rubber compounds for other Goodyear factories, he said. A majority of the Bowmanville plant will be mothballed once the move is complete.
Goodyear to end belt production at plant
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