Goodyear to Invest $1 Billion Dalian, China Tyre Plant

Goodyear is reportedly close to investing over $1 billion in the construction of a tyre manufacturing facility near Dalian. The mayor of Dalian, Xia Deren, told the Reuters news agency that the city’s government had finalised an investment plan and would sign an agreement shortly.

According to the report, Goodyear is planning to build a plant in the Beishan area and hire more than 2,000 employees for a factory that would sell both domestically and for export. Goodyear representatives told Tyres & Accessories that they were aware of the reports, but didn’t give any further details.