secwatch.observer — SEC 8-K summary
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Issuer:     GOODYEAR TIRE & RUBBER CO /OH/ (GT)
CIK:        0000042582
Form:       8-K
Filed at:   2026-10-01T20:22:51+00:00
Accession:  0001628280-26-064270
Event type: other_material
Sentiment:  neutral
Materiality: 0.62
Item codes: 2.05
LLM model:  deepseek-v4.1-flash:cloud@v2

Goodyear to close Niagara Falls and Bayport chemical plants, cutting about 85 jobs with $55M-$75M in charges
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- Goodyear approved a plan to close chemical manufacturing facilities in Niagara Falls, New York and Bayport, Texas, with approximately 85 job reductions.
- Total pre-tax charges estimated at $55M-$75M, including about $30M cash for plant decommissioning, associate-related and other exit costs; remainder non-cash.
- Company expects about $35M of pre-tax charges in Q3 2026 and about $15M during the remainder of 2026; plan largely complete by end of 2027.
- Actions are expected to improve Americas segment operating income by approximately $15M-$20M annually beginning in 2027.
- Form 8-K dated September 29, 2026, signed October 1, 2026 by Secretary Daniel T. Young.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/42582/000162828026064270/0001628280-26-064270-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/42582/000162828026064270/gt-20260929.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-064270

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