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Tire maker Goodyear to invest C$575 million to upgrade Canada plant
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Tire maker Goodyear to invest C$575 million to upgrade Canada plant
Aug 12, 2024 11:09 AM

OTTAWA, Aug 12 (Reuters) - The Canadian unit of Goodyear

Tire & Rubber Co ( GT ) will invest over C$575 million ($418.4

million) to upgrade its plant in Napanee, Ontario, the

provincial government said on Monday.

The project to modernize and expand the plant will create

200 new jobs by 2027 and secure 1,000 jobs in Napanee, Ontario

Premier Doug Ford's office said in a statement.

($1 = 1.3742 Canadian dollars)

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