TOPEKA, Kan.—Goodyear is planning to invest $125 million over five years to modernize production of truck and OTR tires at its 77-year-old tire plant in Topeka, according to Kansas Gov. Laura Kelly.
The modernization program will create 40 new jobs at the factory, which employs 1,600 currently.
Kelly disclosed the investment during a "Prosperity on the Plains" tour promoting economic development.
"Goodyear's expansion shows that our laser-like focus on creating jobs and supporting manufacturers benefits Kansans across the state," Kelly said. "Now, 40 more Kansans will have quality jobs and $125 million will be brought into our communities, reinforcing our state's ability to compete—and win—in the global marketplace."
Neither Kelly nor Goodyear commented on how the investment will impact the plant's production capacity. Improvements to the plant are expected to generate a local economic impact of $480 million over 10 years, Kelly said.
"Our Topeka facility is integral to our operations," said Tim Davis, manufacturing director for Goodyear-Topeka, "and this investment will help position Goodyear to continue to meet the evolving needs of our customers."