AKRON, Ohio (Sept. 15, 2004) — Goodyear will invest $30 million in its Fayetteville, N.C., plant—on top of an already announced $17.7 million project—for an expanded warehouse and additional tire production equipment.
The new project will begin at the Kelly plant in early October and be complete by the end of 2005. Akron-based Goodyear said the equipment will increase the plant's ability to produce Kelly and custom-brand tires. The warehouse expansion will add 196,000 square feet to the facility.
In June the tire maker announced a $17.7 million project to build larger tires at the facility.
“There's no question that the plant's performance in recent years has played a big part in the decision to invest there,” said Brant Schnackenberg, vice president of manufacturing for Goodyear's North American Tire unit.
No jobs will be added at the plant as part of the expansion.