Goodyear to Shut UK Tire Plant

NEW YORK, US - The Goodyear Tire & Rubber Co said on Wednesday it plans to close an automobile tire plant in Britain and the TC Debica bicycle tire plant in Poland in order to achieve combined annual savings of up to $50 million. The world's largest tire company, which is based in Akron,US, said it has begun discussions with union employees as a step toward shutting its Goodyear Dunlop United Kingdom tire factory in Washington, northeast England.