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Bonds of Goodyear Tire & Rubber, Akron, OH, are said to be tumbling as the tiremaker pays higher prices for raw materials.


Bonds of Goodyear Tire & Rubber, Akron Akron (ăk`rən), city (1990 pop. 223,019), seat of Summit co., NE Ohio, on the Little Cuyahoga River; inc. 1865. Once the heart of the nation's rubber industry, Akron still contains the headquarters of some rubber corporations and chemical and , OH, are said to be tumbling as the tiremaker pays higher prices for raw materials, sets aside more cash for pensions and receives fewer orders from General Motors and Ford Motor.
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Title Annotation:Corporate, financial news
Publication:Rubber World
Date:Aug 1, 2006
Words:37
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