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Summit County, Akron, union making bid to attract new Goodyear tire plant

Monday, July 14, 2014
Akron, OH - The Akron Beacon Journal reports, "Summit County wants it. Akron wants it. The steelworkers want it. They all want a new $500 million Goodyear Tire & Rubber Co. plant to be built in the Akron area, and they’re working together to make it happen. The pitch? They will do whatever they can, just as they did a few years ago to keep the Goodyear worldwide headquarters here. “We’ve let Goodyear know that pretty much anything it would take to land that facility here, we’re willing to make happen,” said Jack Hefner, president of United Steelworkers Local 2 in Akron. “To do nothing, you get nothing. If they don’t build it here, it certainly won’t be from a lack of trying.” Goodyear announced in late May that it plans to build its first new plant in the Americas since 1990. Company officials have said they don’t know where. An internal selection committee will decide by the first quarter of 2015, with the plant expected to start making tires in 2017. The tire plant could result in $150 million in new payroll for the Akron area, according to a preliminary analysis done by Adele Roth, Akron’s deputy planning director. If the plant located in Akron, Roth figures the city could bring in $2.6 million in new payroll taxes as a result. “There’s no downside to trying,” she said. “If we don’t get it, we’re not losing the headquarters. If we do get it, it will be wonderful for this community, the entire community, not just Akron.” Roth’s analysis looked at a tire plant with 1,500 employees and another 1,400 indirect jobs created as a result of a new plant, such as suppliers and service industry workers. That number of new jobs, 2,900, would make a significant dent in the 12,900 that have been lost in Summit County since the deep recession began in 2007. Goodyear hasn’t said how many employees would work in the plant and has revealed only how much the facility is expected to cost, $500 million, and how many tires would be produced a year — 6 million. Roth took her 1,500-employee estimate from a media story about the planned new plant. Akron’s campaign to land the plant began immediately after the company’s May 29 announcement, with Mayor Don Plusquellic sending a letter to Goodyear CEO Rich Kramer that day. “The Akron area would very much like to be the location of choice for the new site of the state-of-the-art factory within the city or one of its nine joint tax sharing districts,” Plusquellic wrote in the one-page letter. “Locating the new factory in the Akron area would add a third crown jewel to the new Goodyear Global Headquarters and renovated technology center.” Plusquellic didn’t get a response from Kramer, but recently retired Deputy Mayor of Economic Development Bob Bowman further discussed Akron’s earnestness in a phone call with Laura Thompson, Goodyear’s chief financial officer. The Akron City Council passed a resolution June 30 expressing the city’s interest in having Goodyear locate in the area. Summit County and the Greater Akron Chamber also are ready to help. “When the opportunity comes about, we’ll work with local partners to locate that facility here in the county,” said Jason Dodson, chief of staff for County Executive Russ Pry. JobsOhio spokesman Matt Englehart wouldn’t comment on the state’s specific involvement or whether it would target Akron or other areas. The agency is a privatized job creation office that’s not subject to the open-records laws. “While for competitive reasons we don’t comment on whether or not we’re in discussions with companies, JobsOhio is always actively working to help grow and attract business, investment and jobs to Ohio,” Englehart said in an email. Roth said the team that put together the Goodyear headquarters deal, which includes Summit County, the state and the Development Finance Authority of Summit County (formerly the Summit County Port Authority), plans to put together a package for the tire plant as soon as they have more specifics from Goodyear about what it needs for the facility. Roth said the incentives could include grants or loans and job-creation tax credits from the state, job-training grants from Summit County and land and Tax Increment Financing (TIF) from the city. A TIF freezes the value of land before any improvements are made, and taxes are paid as if the land hadn’t been developed, with the extra money going to the project. This would not be the first time these entities have come together for a major project. The Goodyear headquarters, a complicated project that also involves the private redevelopment of former Goodyear buildings, included job retention tax credits and grants from the state, loans and bonds issued by the Summit County Port Authority, and loans guaranteed by Akron and Summit County. Akron also made significant public improvements around the headquarters. The $120 million headquarters, completed in February 2013, kept about 2,900 jobs in Akron. Akron leaders say there are lots of reasons for Goodyear to choose the Akron area for its new plant. Hefner said the Akron area offers excellent infrastructure, plenty of water, a skilled workforce and universities. He sent a letter to Kramer that emphasized how the once adversarial relationship between the union and company in Akron is history. He said the union works through issues “instead of clubbing each other over the head” and wants to have a seat at the table to help land the tire facility. Roth said Akron has a trained workforce, access to base research being done here and good schools. The city also has a database of available land owned by the city and other entities. “If we had to buy property, it would be worth it,” said Council President Garry Moneypenny, whose ward includes the Goodyear headquarters. Moneypenny, who recently met with Hefner about the union’s interest in the plant, thinks Akron will make a good case. “I don’t know that anybody will fight as hard as we will,” he said. Other communities have thrown their hats in the ring for the plant. Among the contenders is Chester County in South Carolina, which would like to become the next “tire capital of the country” with the potential Goodyear plant and other projects in the works, according to a recent Charlotte Business Journal article. The article, though, included a comment from Goodyear saying it was “premature to speculate” on the location for the new plant, which echoes the company’s current stance. Keith Price, the Goodyear spokesman, said the company “probably won’t talk about who we’re talking to, where we’re looking at” until the location of the plant is announced early next year. “We haven’t ruled any place out,” he added. “And that includes Akron.” - * Email

The Month in Review - Past 30 Days

Monday, July 28, 2014
Wacker develops new liquid silicone for radiator gaskets
Creative Materials introduces new conductive silicone adhesive
Everkem introduces TruSil 100 silicone sealant for industrial applications
Firestone Liberia distributes rubber stumps to farmers across Liberia
ITW Fluids launches new non-flammable aerosol water-based mold release
APS Elastomer develops TPV for automotive exterior applications
Cooper Standard opens new technical center in Shanghai, China
Far East looks to Iran, India for butadiene as supply tightens

Friday, July 25, 2014
Thermoplastic Elastomers TopCon 2014 planned
Book of the day - Resistance and Stability of Polymers
Hiller Carbon and Quadra CASE Division announce strategic partnership
Apollo Tyres appoints Dr. Seshu Bhagavathula as chief technology officer
ZF Friedrichshafen expands its headquarters for China and the Asia-Pacific region
Evonik plans to build precipitated silica plant in Brazil
Robin Roberts to christen Goodyear's newest blimp Wingfoot One

Thursday, July 24, 2014
Kraton to announce second quarter results July 31
Barwell launches on-site machine upgrade program
Cooper Tire appoints Mark Chung vice president
Global Bioenergies: Fermentation pilot received in Pomacle
Yokohama Tire moving its western region distribution center
Wacker updates its annual earnings forecast
International Trade Commission to probe allegations of Chinese tire dumping in the US
ARPM announces early bird registration for its Benchmarking and Best Practices conference

Wednesday, July 23, 2014
Indian rubber growers ask for suspension of imports
Goodyear's newest airship to be named Wingfoot One
PolyOne reports second quarter results
Tour de France leaders ride Continental tires
Munson Machinery to expand headquarters
Custom molded thin walled diaphragms from Minnesota Rubber
BASF inaugurated its newest production plant in Poland

Tuesday, July 22, 2014
Ashland Inc. board declares regular quarterly dividend
Carver re-certified to ISO for its quality management system
New market report on global racing tires
Continental presents Supplier of the Year awards
DuPont names seven new DuPont Fellows
CFO of VMI, Auke Dalstra, died in Malaysia Airlines plane crash
World's top golfers set to return to Firestone Country Club for the World Golf Championships-Bridgestone Invitational

Monday, July 21, 2014
ITRC wants better cooperation with China
Scott & Fife introduces its next generation reinforcement fabric for silicone hose manufacturers
Trostel extends its engineering and testing services beyond the rubber industry
Elasto Sweden announces further investment in medical TPEs
Momentive raises prices in the Americas for epoxy resin and bisphenol A
India takes steps to boost rubber production
Forgotten rubber plantation found in Peru
Semperit aims to realign its joint venture in Thailand

Friday, July 18, 2014
A.Schulman completes acquisition of specialty plastics assets from Ferro
Book of the day - Practical Guide to the Assessment of the Useful Life of Rubbers
West dedicates new manufacturing plant in India
Wabash MPI earns re-certification for ISO standards
Freudenberg-NOK Sealing introduces new radial shaft seal
India's natural rubber imports have risen 58% in first six months of 2014
Goodyear adds new all season tire to its line up

Thursday, July 17, 2014
Stepan Company to acquire sulfonation production facility in Brazil
Department of Commerce to hear trade case against Chinese tire imports
ARPM redesigns its website and logo
Cooper Tire unveils enhanced training tool
Myers Industries to report second quarter on July 24
New market report on the business of the automotive tire market in China
Rubber Division, ACS is offering discounts for online courses and books

Wednesday, July 16, 2014
Hankook Tire expands its OEM offering for the Mercedes-Benz C-Class
New market report on Industrial Rubber Products - Global Strategic Business
PolyOne announces quarterly dividend
Cooper to release second quarter results
Goodyear declares dividend on common stock
SKF signs four-year contract to supply sealing solutions to Boeing
Kenny Messer appointed president of Sartomer Americas

Tuesday, July 15, 2014
Evonik and GCL-Poly form joint venture for silicon plant in China
Cabot Corp. releases 2013/14 sustainability report
BASF and Alpek sign agreements regarding their EPS and PU business activities in the Americas
Albemarle reconfirms commitment to enter market with GreenCrest fire safety product
Bridgestone relocating it rubber track and marine fender plant
2014 Taipei International Plastics and Rubber Industry Show to open Sept. 26th
New market report on emulsion polymers

Monday, July 14, 2014
Hexpol acquires Kardoes Rubber
ASTM International Committee on carbon black presents Award of Merit to Pierre Hirtt
Akron polymer scientist receives $500,000 NSF award
Optimism on improving tire demand fades as tire makers buy less SBR from July
Summit County, Akron, union making bid to attract new Goodyear tire plant
Yokohama's newest all season tire Advan is now available
EPA promulgates SNURs for two CNT substances

Friday, July 11, 2014
ACIMGA and Assocomaplast finalize partnership
Rubber Division, ACS creates new website dedicated to the International Elastomer Conference
Armacell LLC launches new North American website
Japan looks to Myanmar for supply of raw rubber
Renovations to Trostel Ltd.’s headquarters boost pre-production capabilities
Continental creates limited edition passenger car tires for the World Cup
Book of the day - Polymer Extrusion, 4th edition

Thursday, July 10, 2014
Continental expands Chinese-made bicycle tire line
Rubber imports into India lower local prices
Styron to change name to Trinseo
Goodyear announces second quarter results
New market report on NBR powder market and applications
Alliance Rubber re-launches its website
Vietnam considers cutting rubber export tax to zero

Wednesday, July 09, 2014
New market report on the global rubber market
IRSG is now offering the latest rubber statistical bulletin and industry report
Cabot Corporation to announce third quarter 2014 operating results
Styron publishes its 2013 sustainability and corporate responsibility report
India's natural rubber imports jumped 41 percent in June
Wacker opens logistics center at Amtala production site
The Central Bank of Liberia pumps millions into the rubber sector

Tuesday, July 08, 2014
SPE starts recruitment process for new managing director
Dow Corning to become leading global supplier of hexachlorodisilane
New market report on specialty forms of NBR
NN, Inc. announces new corporate headquarters location in Johnson City
Star Thermoplastic hires Lawrence Johnson as vice president of sales
ContiTech acquires automotive aftermarket business Cadna Rubber
Cabot tops 2013 “Energy Efficiency Frontrunner” benchmark company listing

Monday, July 07, 2014
Evonik invests in new research center at Rheinfelden site
DuPont awards $123,000 in grants and sponsorships to support conservation research
Freudenberg announces the retirement of its chairman Dr. Wolfram Freudenberg
International Products Corp. introduces a line of temporary rubber lubricants
Flint Group North America raises prices on silicone web conditioners
Kraiburg TPE at Fakuma 2014KTD
Chemtura rubber labels showcased on new Web site

Friday, July 04, 2014
SiVance debuts new silicone curative
DuPont lowers operating earnings outlook for 2Q and 2014
Vredestein lauches two new tires
Cooper Tire & Rubber Company announces international segment leadership transition
Book of the day - Rubber Molding Principles
Great success of REP International open house

Thursday, July 03, 2014
Continental named as exclusive tire partner and official sponsor of Asian Cup 2015 in Australia
Apollo Tyres’ board approves company's expansion plans
ARPM appoints Chris Wagner to board of directors
Bridgestone acquiring Masthead Industries
California repeals rubber glove law
IISRP opens registration for International Scientific Symposium
Yokohama Rubber makes management changes

Wednesday, July 02, 2014
Ashland Inc. and Clariant complete sale of ASK Chemicals joint venture to Rhône
Kuhmo Tire to resume construction of its Macon plant
Kraton Performance Polymers intends to withdraw from LCY combination agreement
BASF, Huntsman, Shanghai Hua Yi, Shanghai Chlor-Alkali Chemical Co. Ltd. and Sinopec Group Assets Management Corporation plan new MDI plant in Shanghai
Ansell announces new organizational structure
Strategic alliance for Asian injection molding machine market between REP and LWB Steinl formed

Tuesday, July 01, 2014
Rubber Division, ACS discount on August courses in Charlotte
Kraton unveils landmark innovation center in mid-Ohio valley
H.B. Fuller Company reports financial results for the second quarter
TIA board elects Tom Formanek as secretary; Mike Wolfe elected treasurer
Lintech name Evonik distributor of the year for second consecutive year
Evonik to raise prices of hydrogen peroxide and sodium methylate in North America
Lanxess increases prices for Durethan base resin, film and extrusion grades

Monday, June 30, 2014
New market report on medical polymers
AkzoNobel to invest in new Performance Coatings technology center in China
Ashland price increase for unsaturated polyester resin, gelcoat and epoxy vinyl ester resins in Europe, the Middle East and Africa
Arkema elastomer used in Puma brand football boot
Albemarle Corporation to release second quarter 2014 earnings results on July 23, 2014
Omnova announces second quarter results
Vietnam continues to clear rubber plantations due to lack of Chinese demand

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