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.............................. Goodyear Tire & Rubber Company Logo and Trademark..............................

The Goodyear Tire & Rubber Company was founded in 1898 by Frank Seiberling. Today it is the third largest tire company in the world after Bridgestone and Michelin. Goodyear manufactures tires for automobiles, race cars, airplanes, and heavy machinery. In addition it makes rubber hoses, shoe soles, and parts for electric printers. The company has also been extensively involved in the aerospace, military, and hardware technology industries.

Although the company was not connected with him, it was named in honor of Charles Goodyear. Goodyear invented vulcanized rubber in 1839. The first Goodyear Tires became popular because they were easily detachable and low maintenance. Goodyear is famous throughout the world because of the Goodyear blimp. The blimp came from Goodyear's attempts to enter the Aircraft and Aerospace industries after World War II. Today it is one of the most recognizable advertising icons in America.

   

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The last major restructuring of the company took place in 1991. Goodyear hired Stanley Gault, former CFO of Rubbermaid inc, to expand the company into new markets. The moves resulted in 12,000 employees being laid off.

On October 5, 2006 the United Steelworkers Union voted to strike at a Goodyear plant in Kansas. The strike was called over a dispute about higher health care costs and the closing of a non-unionised plant in Texas. The strike lasted until January 2, 2007, and cost the company approximately $358 million. The US Army briefly considered invoking a clause in Taft-Hartley Act to force the employees back to work. Humvee tires are produced at the Kansas plant and there was concern that the strike would create a shortage had it continued longer than it did.

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