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Goodyear Tire & Rubber.

Goodyear Tire & Rubber

Goodyear Tire & Rubber, Akron, OH and Accuride of Henderson, KY, a subsidiary of Phelps Dodge, have formed a 50-50 joint venture which will operate as AOT. AOT was formed to service Navistar International Transportation's plants in Springfield, OH, and Chatham, Ontario. The joint venture's services will include specialty painting of wheels, tire mounting and line sequencing of the tire/wheel assemblies for just-in-time delivery to the plants. AOT is leasing a 136,000 sq. ft. facility which is under construction, and has plans for an initial equipment investment of $4 million to get the facility going for its scheduled mid-July 1992 opening. At capacity, the operation will require an estimated 35 to 40 employees. This joint venture expands the current arrangement with Goodyear to service Navistar.
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Title Annotation:Contracts, Licenses; joint venture with Accuride
Publication:Rubber World
Article Type:Brief Article
Date:Sep 1, 1991
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