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The aim behind our name is to give young entrepreneurs the incentive to start from scratch with the hope that this small money they got from pawning a diamond they had aside, grows and flourishes into a multi billion dollar corporation.

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  Fortune 500 - Spot Number 120

Company Information

Name: Goodyear Tire & Rubber

Industry: Tires

Description: Goodyear is the world's largest tire company. Headquartered in Akron,Ohio, the company manufactures tires, engineered rubber products and chemicals in more than 90 facilities in 28 countries. It has marketing operations in almost every country around the world. Goodyear employs about 95,000 people worldwide.

Financial Summary: Goodyear Tire & Rubber Co., through its U.S. and international subsidiaries, develops, manufactures, distributes and sells tires and rubber products. GT also provides automotive repair services. For the 6 months ended 6/30/05, revenues rose 11% to $9.76B. Net income totaled $137M vs. a loss of $48M. Results reflect higher pricing, a more favorable product mix, favorable currency translation and a $13M gain on rationalizations.

Business Summary: The Goodyear Tire & Rubber Company (Goodyear) is a manufacturer of tires and rubber products, engaging in operations in most regions of the world. The Company together with its subsidiaries and joint ventures develops, manufactures, markets and distributes tires for most applications. It also manufactures and market several lines of power transmission belts, hoses and other rubber products for the transportation industry and various industrial and chemical markets, as well as synthetic rubber and rubber-related chemicals for various applications. It is an operator of commercial truck service and tire retreading centers. Its operating segments are North American Tire; European Union Tire; Eastern Europe, Middle East and Africa Tire (Eastern Europe Tire); Latin American Tire; Asia/ Pacific Tire; Engineered Products, and Chemical Products. On January 1, 2005, the Company integrated Chemical Products into North American Tire.


Misc Details

Symbol: GT

City: Akron

State: OH

ZIP Code: 44316

Address: 1144 East Market Street

Phone: 330-796-2121

Fax: 330-796-2222

Website: http://www.goodyear.com


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