Goodyear enters into agreements to sell European, Latin American farm tire businesses
Goodyear has entered into agreements to sell its European and Latin American farm tire businesses, including a licensing agreement with Titan Tire, a subsidiary of Titan International, that will allow Titan to manufacture and sell Goodyear-brand farm tires in Europe, Latin America and North America, for approximately $130m.
Goodyear Tire & Rubber Co. workers have approved a new contract that will prevent the potential closing of factories in six states in the next four years.