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VOL. 35 | NO. 45 | Friday, November 11, 2011
Statewide
Goodyear plant in Union City bought
NASHVILLE (AP) - The former Goodyear tire plant in Union City has been sold to a maker of off-road equipment tires.
Goodyear Tire and Rubber Co. spokeswoman Amy Brei (BRY') in Akron, Ohio, said Friday morning that the sale to Titan Tire Corporation was effective immediately.
The plant was Obion County's largest employer until its closure in July, putting 1,800 employees from West Tennessee and western Kentucky out of work.
Titan makes tires for large earth-moving equipment, farm implements and other off-road vehicles.
Brei said the purchase price wasn't being immediately disclosed. It was not immediately clear how many jobs would be created in Union City.
On Tuesday, the U.S. Department of Labor announced a $3.4 million grant for re-employment services to about 850 laid-off Goodyear workers in the region.