The Goodyear Tire & Rubber
The Goodyear Tire & Rubber Company is a leading global tire manufacturer headquartered in Akron, Ohio, with a history dating back to 1898. The company, along with its subsidiaries, develops, produces, and sells a wide range of tires for various applications, including automobiles, trucks, buses, aircraft, motorcycles, and heavy machinery. Goodyear's product offerings include well-known brands such as Goodyear, Dunlop, Kelly, and Debica, as well as private-label brands. In addition to tire manufacturing, the company provides retreading services for truck and aviation tires, sells tread rubber and other retreading materials, and offers automotive and commercial truck maintenance services. Goodyear operates approximately 1,000 retail outlets globally, distributing its products through independent dealers, regional distributors, and retailers across major markets, including the Americas, Europe, and Asia Pacific. The company employs about 62,000 people worldwide, solidifying its position as one of the largest tire companies in the industry.
Cooper Tire & Rubber
Acquisition in 2021
Cooper Tire & Rubber Company is a prominent manufacturer and marketer of replacement tires, catering to the automobile industry since its founding in 1914. Headquartered in Findlay, Ohio, the company operates through two main segments: North American Tire Operations and International Tire Operations. It designs, manufactures, and sells a diverse range of tires, including those for passenger cars, light trucks, motorcycles, and racing vehicles, as well as tire retread materials. The North American segment primarily focuses on the U.S. replacement market, while the International segment includes manufacturing facilities in the United Kingdom, Serbia, and China. Cooper Tire distributes its products through various channels, including independent tire dealers, wholesale distributors, retail chains, and digital platforms, while also serving original equipment manufacturers and end users through its retail stores.
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