Goodyear Announces C$575 Million Investment to Upgrade Canadian Plant

Reported 2 months ago

Goodyear Tire & Rubber Co plans to invest over C$575 million to modernize its plant in Napanee, Ontario, creating 200 new jobs and securing 1,000 existing ones by 2027. The federal and provincial governments will contribute a total of C$64.3 million towards the project, which aims to boost production capacity, particularly for electric vehicle and all-terrain tires, while achieving net-zero emissions by 2040.

Source: YAHOO

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