Goodyear or temporarily shut down its US tire factory to cut inventory

In order to cut inventory, Goodyear Tire Corp. may temporarily shut down its Fayetteville, North Carolina, plant in August of this year.

Richard Evans, a spokesman for Goodyear Tire, said that if the market situation does not improve, the company will consider shutting down the Fayetteville plant for a week, but the company does not consider layoffs.

The Fayetteville plant currently employs 2,800 people and produces 35,000 tires per day. The Fayetteville plant is one of the largest in North Carolina.

As early as 2009, Goodyear had signed a contract with the factory's union that would protect the Fayetteville plant from the risk of being permanently shut down.

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