Goodyear Closure Deadline Looms
(Akron/Tire Review – Tyler Morning Telegraph) By Thursday November 1, Goodyear Tire and Rubber Co. employees at the Tyler plant may know more about what the company plans to do with the facility – and their jobs – at the start of the New Year. Then again, they may not know a whole lot more than they do now. In December 2006, the United Steelworkers ratified a three-year master contract with Goodyear that stipulated the company would keep the Tyler plant open at least one year. The next month, Goodyear, in a Form 8-K filed with the Securities and Exchange Commission, indicated it might close the plant in the first three months of 2008. Companies must file a Form 8-K to announce major events of which their shareholders should be aware.