Skip to main content
Sister Publication Links
  • European Rubber Journal
  • Plastics News
web
Subscribe
  • Login
  • Register
  • Subscribe
  • News
    • International Elastomer Show
    • Automotive
    • Tire
    • Non-Tire
    • Suppliers
    • Executive Action
    • Government/Legal
    • ITEC
    • Opinion
    • Technical Notebooks
    • HEXPOL Sponsored Content
    • Starting young: Rubber Division targets high schools to fill talent gap
      ChemSpec enjoying busy 2019 with new agreements, division
      view gallery
      18 photos
      Rubber Division honors leaders, students at Business and Awards Meeting
      view gallery
      9 photos
      Rubber Division wraps up 2019 International Elastomer Conference
    • As e-commerce grows, companies seek best ways to get products to customers
      ContiTech acquires CRP's belt kits program
      Firestone air spring looks to lighten the load in China
      Auto parts makers pay $23 million to settle price fixing case
    • As e-commerce grows, companies seek best ways to get products to customers
      Steelastic names new president
      Tyromer appoints chair of board
      In the workplace, two languages are spoken
    • As e-commerce grows, companies seek best ways to get products to customers
      Reveyron partners with Beltservice for distribution
      ContiTech acquires CRP's belt kits program
      Firestone air spring looks to lighten the load in China
    • Maroon unit Addipel moves to larger site in Ohio
      AMBA files formal request to bring back tariffs on Chinese molds
      Corporate responsibility a global venture for Chemours
      Steelastic names new president
    • Steelastic names new president
      Tyromer appoints chair of board
      Kent Elastomer promotes two
      3D specialist Carbon hires former DuPont CEO Kullman as new leader
    • AMBA files formal request to bring back tariffs on Chinese molds
      Auto parts makers pay $23 million to settle price fixing case
      USTMA aims to raise scrap tire recovery rate
      Aeolus, Onyx discussing truck, bus tire joint venture in Sri Lanka
    • Goodyear finds traction with soybean oil
      Cassioli expands with sales office in Alabama
      Rodolfo Comerio looks forward as it celebrates past
      Editorial: Innovation often follows its own path, timetable
    • Column: Lessons from Best Places to Work
      Editorial: Cooper Standard a sign of changing automotive times
      Editorial: Hose industry makes big strides in safety focus
      Column: Meeting new faces at Rubber Expo
    • SSBR, bio-sourced plasticizer for conveyor belt use
      EPDM solution for automotive dense weatherstrip
      High heat resistant EPDMs for auto hose uses
      Rubber standards in today’s world economy
    • Sponsor Content
      Rubber in Transportation and Tire
      Sponsor Content
      Rubber in Wire and Cable
      Sponsor Content
      Process Control Systems Ensure Consistency and Lot Traceability While Protecting Proprietary Formulations
      Sponsor Content
      Reasons for Using Performance Additives
  • Blogs
    • Products
    • Wacky World of Rubber
    • New Products: Master Bond rolls out thermally conductive epoxy sealant
      New Products: Lanxess introduces vulcanization accelerator
      Covestro's CO2 technology earns Germany's President's prize
      New Products: LSR 3D printing technology spotlighted at K Show
    • Wacky World of Rubber: Floating ideas for the future of mobility
      Wacky World of Rubber: Goodyear, rubber industry make parade part of Thanksgiving traditions
      Wacky World of Rubber: How to make your own Halloween mask
      Wacky World of Rubber: 'Ode to a Tire'
  • Newsletters
    • Rubber in Automotive
    • Silicone News
    • Latex News
    • Sign Up for Newsletters
    • As e-commerce grows, companies seek best ways to get products to customers
      ContiTech acquires CRP's belt kits program
      Firestone air spring looks to lighten the load in China
      Auto parts makers pay $23 million to settle price fixing case
    • Starting young: Rubber Division targets high schools to fill talent gap
      Column: Lessons from Best Places to Work
      New Products: LSR 3D printing technology spotlighted at K Show
      Rubber parts makers invest in Central, Eastern Europe
    • Starting young: Rubber Division targets high schools to fill talent gap
      Kent Elastomer promotes two
      Corrie MacColl details landmark collaboration in Cameroon
      Natural rubber producers signal decline in production
  • Multimedia
    • Videos
    • Photo Galleries
  • Directory
  • Resources
    • Classifieds & Mold Mart
    • Data Store
    • Digital Issue
    • White Papers
  • Events
    • RPN Conferences
    • RPN Live
    • Events Calendar
    • Submit an Event
    • Webinars
    • Past Events
  • Advertise
MENU
Breadcrumb
  1. Home
  2. News
December 05, 2007 01:00 AM

Goodyear to remain in Akron, get new HQ buildings

  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    AKRON (Dec. 5, 2007) — Goodyear has made it official: It is staying put in Akron.

    After months of speculation, North America´s largest tire maker announced today it has approved a plan that will result in the company moving into a new world headquarters in the city where it was founded more than 100 years ago.

    Goodyear announced the tentative agreement at a Dec. 5 joint news conference with representatives from Industrial Realty Group, the state of Ohio, the city of Akron and Summit County. The press conference took place at Goodyear´s World Technical Center, adjacent to the proposed future site of its new headquarters building.

    In a complex deal, Goodyear will sell most of its Akron area property and facilities to IRG, which will construct two buildings for the tire maker-a corporate headquarters and headquarters for the company´s North American Tire business. IRG also will make improvements to the company´s technical center and research facilities.

    Goodyear will lease the new buildings and existing technical center from IRG.

    The tire maker will sign a 20-year lease, with options to extend the lease up to 55 years, said Joe Gingo, Goodyear´s executive vice president and chief technical officer. As part of the agreement, Goodyear also is committed to keep 2,900 jobs at the Akron site, he added.

    Tentative ground-breaking on the new Goodyear buildings is scheduled for 2008 with a move-in date of 2010.

    "I´m pleased to announce we have reached a tentative agreement that will allow Goodyear to continue its 108-year history with the city of Akron and the state of Ohio," said Bob Keegan, Goodyear chairman and CEO. "These state-of-the-art facilities will reflect the new Goodyear-a place of bold leadership and innovation-and they will inspire future generations of Goodyear associates."

    Speaking directly to Goodyear employees watching the news conference on simulcast, Keegan said the announcement of the new headquarters facilities "is for you."

    These new buildings, he continued, will provide "us, our associates, with facilities we think the new Goodyear has earned by the outstanding progress our people have made in our performance over the past several years."

    Keegan said he is optimistic the company can close the deal soon, once all the funding support is finalized. The new facilities, he added, "should help us attract and retain the best and the brightest here to Akron."

    Separately, IRG has been working with Akron, Summit County and the state of Ohio to create a multi-phase development of other parts of Goodyear´s property into a mixed-use retail and commercial development, which will be called Akron Riverwalk.

    In the early 1990s, IRG redeveloped the former B.F. Goodrich headquarters and tire plant complex in downtown Akron for use as a business center.

    Letter
    to the
    Editor

    Rubber & Plastics News wants to hear from its readers. If you want to express your opinion on a story or issue, email your letter to Editor Bruce Meyer at [email protected].

    SIGN UP FOR FREE NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please select at least one newsletter to subscribe.

    Get our newsletters

    Staying current is easy with Rubber & Plastics News delivered straight to your inbox, free of charge.

    Subscribe Today

    Subscribe to Rubber & Plastics News to get the best coverage and leading insights in the industry.

    SUBSCRIBE
    Connect with Us
    • LinkedIn
    • Facebook
    • Twitter

    MISSION

    To serve companies in the global rubber product industry by delivering news, industry insights, opinions and technical information.

    web
    Contact Us

    2291 Riverfront Pkwy, Suite 1000
    Cuyahoga Falls,
    OH 44221

    Customer Service:
    877-320-1726

    Resources
    • About Us
    • Digital Edition
    • Contact the Staff
    • Advertise
    • Order Reprints
    • Privacy Policy
    • Terms of Service
    • Ad Choices Ad Choices
    • Sitemap
    Partner Sites
    • Tire Business
    • European Rubber Journal
    • Plastics News
    • Plastics News Europe
    • Plastics News China
    • Plastics & Rubber World
    • LSR World
    • Urethanes Technology
    • Automotive News
    • Autoweek
    • Crain Brands
    Copyright © 1996-2019. Crain Communications, Inc. All Rights Reserved.
    • News
      • International Elastomer Show
      • Automotive
      • Tire
      • Non-Tire
      • Suppliers
      • Executive Action
      • Government/Legal
      • ITEC
      • Opinion
      • Technical Notebooks
      • HEXPOL Sponsored Content
    • Blogs
      • Products
      • Wacky World of Rubber
    • Newsletters
      • Rubber in Automotive
      • Silicone News
      • Latex News
      • Sign Up for Newsletters
    • Multimedia
      • Videos
      • Photo Galleries
    • Directory
    • Resources
      • Classifieds & Mold Mart
      • Data Store
      • Digital Issue
      • White Papers
    • Events
      • RPN Conferences
      • RPN Live
      • Events Calendar
      • Submit an Event
      • Webinars
      • Past Events
    • Advertise