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The last airship built in the airdock was the U.S. Navy's ZPG-3W in 1960. The building later housed the photographic division of the Goodyear Aerospace Corporation. In 1980, the Goodyear Airdock was designated a Historic Civil Engineering Landmark by the American Society of Civil Engineers. Interior of the Goodyear Airdock, May 1985
It provided an unusually extensive room for the construction of "lighter-than-air" ships (airships, dirigibles, or blimps). The first two airships to be constructed and launched at the Goodyear Airdock were Akron and its sister ship, Macon, built in 1931 and 1933, respectively. These two airships were 785 feet (239 m) in length.
Goodyear also made a tender offer for up to 40 million shares of its stock from other shareholders at $50 per share. The tender offer resulted in Goodyear buying 40,435,764 shares of stock in February 1987. As a result of the stock buyback, Goodyear took a charge of $224.6 million associated with a massive restructuring plan.
As of 2:36 p.m. ET, Goodyear stock was up 13.9% on the news. Goodyear heats up. Goodyear actually missed estimates on the top line, but investors were willing to overlook that as the company ...
The Spirit of Goodyear, one of the iconic Goodyear Blimps. The Wingfoot Lake Hangar was built in 1917 for testing and construction of aircraft by the Goodyear Tire and Rubber company. During World War I and II, Goodyear built and manufactured blimps for the U.S. Navy and the first class of Navy airship pilots were trained at the site. [3]
Goodyear still needs to get tire volumes rising again, at a minimum. Yet it is good news that the business is becoming more efficient, paying down debt, and slowing the pace of volume declines in ...
The average return after a stock split is announced in the year that follows is 25.4%. That's about a 13% greater return than the market over the same period. This chart lays it out nicely.
Additional hangars, which housed the USS Akron (ZRS-4) and USS Macon (ZRS-5), exist in Akron, Ohio (the Goodyear Airdock, 1929) and Sunnyvale, California (Hangar One, Moffett Federal Airfield, 1932). The ships were constructed in Akron. The Akron was based in Lakehurst while the Macon was based at Moffett Field.