The Goodyear Tire & Rubber Co. is a tire manufacturing company founded in Akron, Ohio, in 1898 by Frank Seiberling. Goodyear has since grown to become one of the world's largest tire companies, with operations in over 20 countries. The company's core business is the design, manufacture, marketing, and sale of tires for various applications, including cars, trucks, buses, airplanes, and industrial equipment. Goodyear also produces rubber-related chemicals and operates several retail tire and service centers across the United States.
Goodyear went public on the New York Stock Exchange in 1927 and has been listed on the exchange ever since, with its stock symbol being GT. As of 2021, Goodyear is a Fortune 500 company and has over 60,000 employees worldwide.
In addition to its primary business of tire manufacturing, Goodyear has also been involved in motorsports for several decades. The company has been a supplier of tires to the NASCAR Cup Series since 1954 and has also provided tires for other major motorsports series, including Formula One and the World Rally Championship.
In recent years, Goodyear has also been investing in research and development of new tire technologies, including airless tires and intelligent tires that can communicate information to the driver and other systems in the vehicle. Additionally, Goodyear has been focused on sustainability, with a goal to reduce its environmental impact and increase the use of sustainable materials in its products.