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Goodyear
Global Background
Our Beginnings
The Goodyear Tire and Rubber
Company was founded in 1898
by 38-year-old Frank Seiberling.
He purchased our first plant with
a $3,500 downpayment, using
money he borrowed from a
brother-in-law.
The timing couldn’t have been
better. The bicycle craze of the
1890s was booming and the
horseless carriage was a
wide-open challenge. On 29
August 1898, Goodyear was
incorporated with a capital stock
of $100,000.
A Global Footprint
Goodyear is one of the world’s
largest tyre companies, with
operations in most regions of
the world. Together with its
subsidiaries and joint ventures,
Goodyear develops, markets and
sells tyres for most applications.
Goodyear operates 50 plants in
22 countries, and employs
approximately 67,000 people
around the world. Its two
innovation centres in Akron,
Ohio and Colmar-Berg,
Luxembourg strive to develop
state of the art products that set
technology and performance
standards for the industry.
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