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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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