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Possible Closure For Goodyear Mould Factory

There is uncertainty over the future of Goodyear’s mould factory at Stow, in the Akron area. The plant has been operating at around 30 per cent capacity, producing mainly moulds for experimental and motorsports tyres. There are 117 hourly-paid workers at Stow, who have been notified that the plant is likely to close. Goodyear has upped mould production to lower wage-earning factories in order to cut costs. Talks between management and unions last week broke up without agreement.

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Continental Refuses Offer For Traiskirchen

The Austrian industrialist Mirko Kovats has made an offer to Continental to acquire the Semperit factory in Traiskirchen. Kovats wanted to take over not only the plant for the symbolic price of 1 Euro, but also the tyre moulds and the rights to the brand. This was unacceptable from the outset for Continental and the Board could not take the offer seriously. It is now definite that more than 900 employees will lose their jobs. The ministry of economic affairs has announced the establishment of a foundation with capital of 21.3 million Euro for the Semperit employees, with 25 percent of this sum coming from Continental.

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Michelin Subsiduary Reduces Workforce In Poland

Michelin subsiduary Stomil-Olsztyn has announced that it will be reducing ist workforce by 120 people during this year. At the same time, a further 70 full time employees have reverted to part-time. Stomil-Olsztyn are located in the regions of Warmia and Mazury in northern Poland and employ around 4.000 workers who produce passenger, truck, light truck and agricultural tyres as well as tyre fabrics and curing moulds.

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Top Management Change At Fulda

55-year old John P. Jentgen is moving on from the board of directors at Gummiwerk Fulda – effective 1st November 2000. As Director Manufacturing at the Luxembourg Complex he will be responsible for the four production plants manufacturing tyres, wires, cords and moulds. Mr. Jengten’s successor as Production Director is Robert Schmit.

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