Goodyear Tire and Rubber Co
1898 The Goodyear Tire and Rubber Co was founded in USA by Frank Seiberling. The company was named after Charles Goodyear, one of the inventors of vulcanized rubber. Initially made of carriage tires, bicycle tires, horseshoe pads and rubber sundries, followed in 1899 by auto tires.
1904 Seiberling-Stevens patent issued for tire-building machine. First detachable rim developed by Goodyear to replace one-piece clincher rim.
1906 Developed first pneumatic rubber airplane tire
1913 Company established a subsidiary in the UK - Goodyear Tyre and Rubber Co
1986 Sir James Goldsmith, the British financier, acquired an 11.5 percent interest in Goodyear before selling his shares back to the company.
Goodyear responded with a sweeping restructuring that included a huge share repurchase to be financed by stripping the company of its energy holdings
1987 Sold the aerospace business[1].
See Also
Sources of Information
- ↑ The New York Times 13 January 1987
- [1] Goodyear history