Goodyear Tire & Rubber, Akron, OH, has closed on the previously announced sale of its tire fabric operations to Hyosung, Seoul, South Korea, pending post-closing adjustments and completion of the sale of its Americana, Brazil, operation.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, has closed on the previously announced sale of its tire fabric operations to Hyosung This article is about Hyosung Group. For the motorcycle manufacturer, see Hyosung Motors & Machinery Inc.. Hyosung Group is a Korean industrial conglomerate (chaebol), founded in 1957. , Seoul Seoul (sā`  l, sā` l, sōl), city (1995 pop. 10,229,262), capital of South Korea, NW South Korea, on the Han River. , South
Korea Korea (kôrē`ə, kə–), Korean Hanguk or Choson, region and historic country (85,049 sq mi/220,277 sq km), E Asia. , pending post-closing adjustments and completion of the sale of
its Americana, Brazil, operation. As part of the global transaction,
Goodyear plans to complete the previously announced sales of its Brazil
operation to Hyosung in the first quarter of 2007, pending government
and regulatory approvals. This portion of the transaction represents
less than 5% of the sale price.
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