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In mid-1993, Michelin North America cut 2,500 of those jobs, which represented about 9% of its work force in the United States and Canada, because of softening demand for tires. [29] As of 2010, the Uniroyal Goodrich Tire unit continued to operate with about 1,000 workers at its tire plant in Woodburn, Indiana, and another plant in Tuscaloosa ...
Originally part of the industrial conglomerate Goodrich Corporation, it was acquired in 1990 (along with Uniroyal, then The Uniroyal Goodrich Tire Company) by the French tire maker Michelin. BFGoodrich was the first American tire manufacturer to make radial tires. It made tires for the then new Winton car from Winton Motor Carriage Company.
By May 1990, Michelin Group had completed its buyout of Uniroyal Goodrich Tire Company from Clayton & Dubilier of New York. The deal was valued at about US$1.5 billion. [16] B.F. Goodrich surrendered its 7% warrant to Michelin Group, and received $32.5 million additional revenue from the sale. [12]
Hutchinson Tires Inoue Rubber [41] Japan: 1926 IRC Tires Kelani Tyres Sri Lanka: 1990 CEAT [42] Kenda Rubber [43] Taiwan: 1962 Kenda, Kenda radial Kumho Tires [44] [45] South Korea: 1960 Admiral, Marshal, Kumho, Zetum, Trailfinder [46] Madras Rubber Factory [47] India: 1946 MRF Tyres: Michelin Group [48] France: 1889
Michelin completed its purchase of the Uniroyal Goodrich Tire Company in 1990, and in 1994 announced plans to renovate the landmark, including a new hubcap and the addition of neon lights for the UNIROYAL lettering. [15] The tire's fiberglass cover was cleaned, painted, and modernized with a new sleek look. [10] In 1998, a giant 11-foot (3.4 m ...
Michelin (/ ˈ m ɪ ʃ əl ɪ n, ˈ m ɪ tʃ əl ɪ n / MISH-əl-in, MITCH-əl-in, French:), in full Compagnie Générale des Établissements Michelin SCA ("General Company of the Michelin Enterprises P.L.S."), is a French multinational tyre manufacturing company based in Clermont-Ferrand in the Auvergne-Rhône-Alpes région of France.
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