The Goodyear Tire & Rubber Company
The mid 2000s – present Goodyear logo
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| Public | |
| Traded as | |
| Industry | Manufacturing |
| Founded | August 29, 1898 Akron, Ohio, U.S. |
| Founder | Frank Seiberling |
| Headquarters | Akron, Ohio, U.S. |
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Area served
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Worldwide |
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Key people
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Richard J. Kramer (Chairman, President and CEO) |
| Products | Tires |
| Revenue |
 US$ 18.138 billion (2014) |
 US$ 1.323 billion (2014) |
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US$ 2.452 billion (2014) |
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| Total assets |
US$ 18.109 billion (2014) |
| Total equity |
US$ 3.61 billion (2014) |
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Number of employees
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67,000 (2015) |
| Subsidiaries | List of subsidiaries |
| Website | goodyear |
The Goodyear Tire & Rubber Company is an American multinational tire manufacturing company founded in 1898 by Frank Seiberling and based in Akron, Ohio. Goodyear manufactures tires for automobiles, commercial trucks, light trucks, motorcycles, SUVs, race cars, airplanes, farm equipment and heavy earth-mover machinery.
The company was named after American Charles Goodyear, inventor of vulcanized rubber. The first Goodyear tires became popular because they were easily detachable and required little maintenance.
Goodyear is also known for the Goodyear Blimp. Though Goodyear had been manufacturing airships and balloons since the early 1900s, the first Goodyear advertising blimp flew in 1925. Today it is one of the most recognizable advertising icons in America. The company is the most successful tire supplier in Formula One history, with more starts, wins, and constructors' championships than any other tire supplier. They pulled out of the sport after the 1998 season. It is the sole tire supplier for NASCAR series.
Goodyear is a former component of the Dow Jones Industrial Average. The company opened a new global headquarters building in Akron in 2013.
The first Goodyear factory opened in Akron, Ohio, in 1898. The thirteen original employees manufactured bicycle and carriage tires, rubber horseshoe pads, and poker chips. The company grew with the advent of the automobile.
In 1901 Frank Seiberling provided Henry Ford with racing tires. In 1903, Paul Weeks Litchfield was granted a patent for the first tubeless automobile tire. By 1908 Ford was outfitting his Model T with Goodyear tires. In 1909 Goodyear manufactured its first aircraft tire.
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Wikipedia