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Goodyear invests $50 million in Colombia plant.


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, announced a $50 million expansion at its Cali, Colombia Colombia (kəlŭm`bēə, Span. kōlōm`byä), officially Republic of Colombia, republic (2005 est. pop. 42,954,000), 439,735 sq mi (1,138,914 sq km), NW South America. Bogotá is the capital and largest city. , manufacturing plant 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.
 medium truck tires. The expansion will include several phases to be completed by 2006. The tiremaker's subsidiary,, Goodyear de Colombia SA, celebrated its 60th anniversary in June. The company has begun continuous operations in Colombia, creating 100 new job positions to improve plant competitiveness in key Latin American markets.
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Title Annotation:Acquisitions, Expansions
Publication:Rubber World
Date:Aug 1, 2004
Words:68
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