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Goodyear Aims to Expand in Poland

Goodyear Aims to Expand in Poland
Goodyear Tire & Rubber will increase its stake in Polish tyre maker TC Debica, to 66 per cent and work with management to nearly triple commercial tyre production for Goodyear , up to 5,000 tyres per day from 1,700. TC Debica's management board will decide whether to expand production in Poland. Goodyear has said the expansion would require an investment of more than $200 million. The news comes less than a week after Goodyear announced it was “significantly reducing” out put at its Luxembourg plant.


"This additional capacity would make TC Debica one of our largest suppliers of tires in the world," says Michel Rzonzef, president of Goodyear's Eastern Europe, Middle East and Africa countries, in a corporate statement. "Goodyear, of course, will share the necessary technology and expertise to assure that TC Debica is producing the highest-quality and most advanced commercial truck tires possible."


The expansion, if approved, would be made adjacent to the existing factory in Debica, located in southern Poland. TC Debica currently employs 2,500 at the plant. Most tyres now produced at the plant are sold to Goodyear or Goodyear affiliates, and are sold under the Goodyear , Debica, Dunlop , Fulda and Sava brands.

Source: Tire Review
12 Ñåíòÿáðÿ 2008 ã.
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