Temporary closure for Goodyear plant under discussion

In response to economic conditions, Goodyear Tire & Rubber is considering closing down production at its Fayetteville, US plant for a week in August. Plant spokesman Richard Evans told media that discussions have been held about the possibility of “taking production days out” if the market doesn’t improve. According to Evans, closing down production on certain days would be done to “reduce the inventory level because of a soft market.” Goodyear has not made any official statement regarding a temporary closure at Fayetteville, and it is not known which week the plant may close.