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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.
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Title Annotation:Acquisitions, expansions
Publication:Rubber World
Geographic Code:8AUST
Date:Feb 1, 2006
Words:59
Previous Article:Bayer MaterialScience AG, Leverkusen, Germany, plans to set up an integrated polyurethane systems house in Thailand.(Acquisitions, expansions)
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