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Stock impact report

$430 million auto supply plant to employ 1,300: Alabama city's biggest development since 1929 [Yahoo! Finance]

The Goodyear Tire & Rubber Company (GT) 
Last the goodyear tire & rubber company earnings: 4/30 07:15 am Check Earnings Report
US:NYSE Investor Relations: goodyear.com
Company Research Source: Yahoo! Finance
Today's news is likely the Etowah County city's largest industrial announcement in a century, since Goodyear Tire & Rubber located a factory here. The project is slated for the 400-acre brownfield site that was the previous location of Republic Steel and Gulf States Steel, the company announced. The plant closed in 2000. The announcement took place in the cavernous former shipping area for the old plant's plate mill. “This doesn't happen without a lot of people working,” Sen. Katie Britt said. The new facility will produce high-quality plastic and aluminum components for automakers' U.S. plants including Hyundai in Montgomery and Kia in West Point, Ga. But at Friday's announcement, representatives of eight different automakers were represented, including Hyundai, Honda, Toyota, Mercedes-Benz, Ford, General Motors, Mazda and Volkswagen. William Chin, son of the company founder and its chief strategy officer, said the company has big plans for the more than 400 acres it now o Show less Read more
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