Goodyear Tire & Rubber, Akron, OH, has completed the previously announced acquisition of Ansell Limited's interest in their South Pacific Tyres (SPT) joint ventures.
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 completed the previously announced acquisition of Ansell Limited's interest in their South Pacific Tyres (SPT (Sectors Per Track) The number of sectors in one track. ) joint ventures. Goodyear now owns 100% of SPT, said to be the leading tire marketer and manufacturer in Australia and New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. . Formed in 1987, SPT has 4,000 associates and annual sales of more than $700 million.
COPYRIGHT 2006 Lippincott & Peto, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
|
Reader Opinion