Goodyear Tire & Rubber, Toyo Tire & Rubber Co. Ltd. and Mitsubishi.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, Toyo Tire & Rubber Co., Ltd., and Mitsubishi will invest $65 million to increase production capacity at their Japanese joint venture Nippon Giant Tire (NGT NGT Night NGT National Grid Transco (UK gas transporter) NGT Nominal Group Technique NGT Not Greater Than NGT Next Generation Technology NGT Next Generation Telecom (China) NGT NASA Ground Terminal ). Simultaneously, Goodyear announced it has increased its ownership from 50 to 65 percent in NGT, purchasing 15 percent of the shares of Mitsubishi's current 20 percent. Toyo's 30 percent equity remains the same. The Nippon Giant Tire joint venture was formed in 1985 to produce radial radial /ra·di·al/ (ra´de-al) 1. pertaining to the radius of the arm or to the radial (lateral) aspect of the arm as opposed to the ulnar (medial) aspect; pertaining to a radius. 2. earthmover earth·mov·er n. A machine, such as a bulldozer or backhoe, that is used for digging or pushing earth. earth tires. |
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