Goodyear to close plant amid strikes

| 10/31/2006

Goodyear announced Monday that it will close its tire plant in Tyler, TX, eliminating about 1,100 jobs.

Goodyear's union employees went on strike Oct. 5, partly because the company was threatening to close two plants, including the Tyler operation.

Goodyear has told its investors it will cut costs by more than $1 billion in two years - and charges that the Steelworkers Union refuses to help it remain competitive.

The union counters that the plant closings are unnecessary and that Goodyear is demanding other unacceptable concessions.