Goodyear Tire & Rubber
Stock Symbol: GT
1144 East Market Street
Goodyear Tire & Rubber Industry:
Goodyear Tire & Rubber Description:
Goodyear is the world's largest tire company. Headquartered in Akron,Ohio, the company manufactures tires, engineered rubber products and chemicals in more than 90 facilities in 28 countries. It has marketing operations in almost every country around the world. Goodyear employs about 95,000 people worldwide.
Goodyear Tire & Rubber Financial Summary:
Goodyear Tire & Rubber Co., through its U.S. and international subsidiaries, develops, manufactures, distributes and sells tires and rubber products. GT also provides automotive repair services. For the 6 months ended 6/30/05, revenues rose 11% to $9.76B. Net income totaled $137M vs. a loss of $48M. Results reflect higher pricing, a more favorable product mix, favorable currency translation and a $13M gain on rationalizations.
Goodyear Tire & Rubber Business Summary:
The Goodyear Tire & Rubber Company (Goodyear) is a manufacturer of tires and rubber products, engaging in operations in most regions of the world. The Company together with its subsidiaries and joint ventures develops, manufactures, markets and distributes tires for most applications. It also manufactures and market several lines of power transmission belts, hoses and other rubber products for the transportation industry and various industrial and chemical markets, as well as synthetic rubber and rubber-related chemicals for various applications. It is an operator of commercial truck service and tire retreading centers. Its operating segments are North American Tire; European Union Tire; Eastern Europe, Middle East and Africa Tire (Eastern Europe Tire); Latin American Tire; Asia/ Pacific Tire; Engineered Products, and Chemical Products. On January 1, 2005, the Company integrated Chemical Products into North American Tire.