AKRON (Jan. 3, 2008) — Goodyear officially ceased tire production Dec. 21 at its Tyler, Texas, plant with 600-650 jobs lost through layoffs, retirements and transfers to other facilities, the company said.
The plant will continue as a rubber mixing center manned by 135 employees.
Goodyear opted to cease tire production at the Tyler plant, which had a daily capacity of 25,000 passenger and light truck tires, following its 2006 decision to exit certain segments of the private brand tire business.
Some of the capacity was absorbed by other Goodyear facilities, according to the company. Goodyear expects the tire production shutdown to save it about $50 million a year after taxes.