Goodyear sells Dunlop brand to Sumitomo Rubber for $701 million. Details on the strategic deal and financial impact.

Sumitomo Rubber Industries Ltd said Wednesday it will acquire from U.S. tire maker Goodyear Tire & Rubber Co the Dunlop brand business in Europe, North America and Oceania for $526 million. The ...

The Catholic Diocese closed more cherished churches. Others were abrupt. Some 1,500 jobs vanished when Sumitomo Rubber USA closed its tire manufacturing plant in the Town of Tonawanda. There was ...

The Goodyear Tire and Rubber Company has entered into a definitive agreement to divest its Dunlop brand to Sumitomo Rubber Industries (SRI). This transaction encompasses the sale of trademarks and ...

to Sumitomo Rubber Industries, Ltd. (“SRI”). The sale, which encompasses consumer, commercial and other specialty tires, also involves the transfer of certain associated intellectual property.

Nearly 3,000 workers were laid off in Western New York this year. Sumitomo Rubber USA was responsible for 1,380 of those. Western New York's unemployment rate is currently 3.6%. Nearly 3,000 ...

LAS VEGAS — Sumitomo Rubber Industries Ltd. (SRI) believes its Sensing Core software will be one of the tools that makes autonomous driving safe enough to become common place in the future. In the ...

Disappointing because of the shocking shutdown of the Sumitomo Rubber USA factory, which cost the region 1,550 good-paying manufacturing jobs that will be hard to replace. Hopeful because of what ...

The Goodyear Tire & Rubber Company announced that it has agreed to sell the Dunlop brand to Sumitomo Rubber Industries, Ltd. ...

Goodyear's turnaround plan takes a step forward, plus details on five other M&A deals in Northeast Ohio. Goodyear Tire & Rubber Co. (NASDAQ: GT) this week agreed to sell its Dunlop tire brand to ...

Goodyear Tire & Rubber (NASDAQ:GT) said Tuesday it agreed to sell its Dunlop tire brand to Japan's Sumitomo Rubber Industries for $701M in cash. Under the deal terms, Goodyear (GT) said it will ...