Goodyear Sees Production Increasing after Strike
By: Reuters
Goodyear Tire & Rubber said on Tuesday it expects to ramp up production over the next few weeks at 16 U.S. and Canada union facilities where workers had been on strike for nearly three months.
| Price | Change | %Change | ||
|---|---|---|---|---|
| GT | --- |
Goodyear and the United Steelworkers reached agreements in December on new contracts covering about 15,000 unionized hourly workers who had been on strike since Oct. 5. Striking workers began returning to the plants on Tuesday.
A full supply of tires and engineered products is expected to be available soon thereafter, Goodyear said.
Goodyear Tire & Rubber expects to ramp up production over the next few weeks at 16 U.S. and Canada union facilities where workers had been on strike for nearly three months.
