News
News Home
Quick Bites
Exploradio
News Archive
News Channel
Special Features
NPR
nowplaying
On AirNewsClassical
Loading...
  
School Closings
WKSU Support
Funding for WKSU is made possible in part through support from the following businesses and organizations.

Akron General

Metro RTA


For more information on how your company or organization can support WKSU, download the WKSU Media Kit.

(WKSU Media Kit PDF icon )


Donate Your Vehicle to WKSU

Programs Schedule Make A Pledge Member BenefitsFAQ/HelpContact Us
Economy and Business


Goodyear CEO optimistic at shareholders meeting
Europe drags down company earnings but CEO sees growth in Eastern Europe and Middle East
by WKSU's MARK URYCKI


Senior Reporter
Mark Urycki
 
Goodyear Chairman and CEO Rich Kramer at Monday's annual shareholders meeting.
Courtesy of Goodyear
Download (WKSU Only)

Akron-based Goodyear will announce its first quarter results next week. The company had to pull back on its earnings projections for 2013 but the company chairman and CEO is optimistic for the long term. WKSU’s Mark Urycki reports.

Urycki on Goodyear's global picture

Other options:
Windows Media / MP3 Download (1:07)


At Goodyear’s annual shareholders’ meeting, Chairman Richard Kramer said the global tire maker is well poised for growth even in an uncertain economic world.

Last year, the company opened a plant in China and this month workers in France filed suit after the company walked away from a plant there. Goodyear's Asian and Latin American segments did well but Europe, immersed in austerity programs, is still in recession. So the company has been working to squeeze more profits out of slower sales worldwide, and the North American tire segment blew well past its earnings target last year.

”We delivered these results in a challenging market with high raw material costs and weak consumer demand that mimicked what we experienced during the Great Recession.”

Kramer was also bullish on Akron. The meeting was held in a Fairlawn hotel because the usual venue – the Goodyear Theater -- has been sold and is being developed into apartments. The company sold its old campus and just finished a move into a new world headquarters next to its R&D center in Akron.

“It represents our commitment to Akron and northeast Ohio, not just to the Akron of old but to a revitalized and progressive Akron that continues to evolve and prosper in groundbreaking ways.”

Add Your Comment
Name:

Location:

E-mail: (not published, only used to contact you about your comment)


Comments:




 
Page Options

Print this page

E-Mail this page / Send mp3

Share on Facebook




Stories with Recent Comments

HOF's Canton expansion could take an island and make it a village
I live in the block from Broad St to the Hall of Fame and will be impacted by the expansion. I am in the process of selling my home and planned to long before i...

Cleveland redeploys police to replace rejected red-light traffic cameras
Periodic rotational enforcement without warning does NOT change behavior and the city officials know that. This is the basis of all officer-run enforcement trap...

New enrollment period offers more insurance options
The removal of federal funding for healthcare CO-OPs may limit the growth of the CO-OP movement. http://www.healthcaretownhall.com/?p=6381

The family of Boardman vet killed in Vietnam receives his medals
My name is Mike Eisenbraun. I am Larry's brother. I was 14 years old when Larry was killed in Vietnam. He has been gone for 46 years but it seems like yester...

Cleveland seniors are creating new wealth -- and facing new challenges
Why is anyone surprised that we people over 65 are not retiring? If you have been paying attention, defined company funded pensions were phasing out in the eigh...

Ohio company cuts off a dairy supplier after allegations of animal abuse
these people should be held accountable for their actions. i would be more than pleased to see a year or more behind bars. i will NEVER eat anything that comes ...

Goodyear recruits thousands of vets
What a wonderful interview! Excellent reporting skills by a talented young reporter! I look forward to hearing more from Ms. Schley!

Ohio Democratic Party begins the rebuilding process
I agree 100% with Sen. Brown. I think it is absolutely critical for the Democratic Party in Ohio to engage in the long, tedious, hard task of re-building from t...

They're talking again in the Macedonia bridge dispute
Norfolk Southern says the Ledge road bridge meets regulations for train traffic, however it was built as an overpass for a roadway and/or farm usage. I think t...

Cleveland City Council to consider transgender public restroom law
this is sick. I do not want my daughter in the same bathroom as a perverted 45 year old man. this proposed legislation could seriously damage the security of ch...

Copyright © 2014 WKSU Public Radio, All Rights Reserved.

 
In Partnership With:

NPR PRI Kent State University

listen in windows media format listen in realplayer format Car Talk Hosts: Tom & Ray Magliozzi Fresh Air Host: Terry Gross A Service of Kent State University 89.7 WKSU | NPR.Classical.Other smart stuff. NPR Senior Correspondent: Noah Adams Living on Earth Host: Steve Curwood 89.7 WKSU | NPR.Classical.Other smart stuff. A Service of Kent State University