Skip to content
Search AI Powered

Latest Stories

Goodyear Canada expands Ontario tire factory

$575 million project will create energy-efficient manufacturing process and increase production capacity.

goodyear Screenshot 2024-08-23 at 3.19.35 PM.png

The Goodyear Tire and Rubber Co. will modernize and expand its manufacturing plant in Ontario through a $575 million project to create an energy-efficient, end-to-end manufacturing process and increase its production capacity, including of EV and all-terrain tires.

This project will also get Goodyear's plant to net-zero emissions by 2040, helping achieve Canada's goal of a net-zero economy by 2050, the company said August 12. The facility is located in Napanee, Ontario, which is on the northern shore of Lake Ontario, halfway between Toronto and Ottawa.


Goodyear Canada was backed in the project by $44.3 million in federal funding and $20 million from the province of Ontario to support the implementation of innovative technologies and skills training programs.

"Goodyear Canada's investment is another significant boost to Ontario's growing electric vehicle sector, building on the billions of dollars that have been invested in the sector over the past four years,” Doug Ford, Premier of Ontario, said in a release. “Across Ontario, we're seeing major investments and new jobs created as we build out our end-to-end EV supply chain, connecting critical minerals in Northern Ontario to world-class manufacturing across the province. Companies are choosing Ontario because of our transportation infrastructure, our competitive business environment, and our skilled workforce."

Canada's automotive sector builds more than 1.5 million vehicles each year, supporting nearly 550,000 direct and indirect jobs, contributed $18 billion to Canada's gross domestic product in 2023, and is one of the country's largest export industries.

Founded in 1898, Goodyear is one of the world's largest tire companies. It employs about 71,000 people and manufactures its products in 54 facilities across 21 countries around the world.

 

 

Recent

More Stories

chart of GenAI impact on workforces

Gartner: GenAI tools create anxiety among employees

Generative AI (GenAI) is being deployed by 72% of supply chain organizations, but most are experiencing just middling results for productivity and ROI, according to a survey by Gartner, Inc.

That’s because productivity gains from the use of GenAI for individual, desk-based workers are not translating to greater team-level productivity. Additionally, the deployment of GenAI tools is increasing anxiety among many employees, providing a dampening effect on their productivity, Gartner found.

Keep ReadingShow less

Featured

warehouse worker pulling cart

Cleo acquires DataTrans to speed procurement automation

Business software vendor Cleo has acquired DataTrans Solutions, a cloud-based procurement automation and EDI solutions provider, saying the move enhances Cleo’s supply chain orchestration with new procurement automation capabilities.

According to Chicago-based Cleo, the acquisition comes as companies increasingly look to digitalize their procurement processes, instead of relying on inefficient and expensive manual approaches.

Keep ReadingShow less
photo collage of warehouse tech

Supply chain pros are wary of inflation and labor woes

The top worries that supply chain leaders hope to address with new innovations this year include inflationary concerns (68%) and labor shortages (50%), according to a survey on innovation from the third-party logistics provider (3PL) Kenco.

And many of them will have a budget to do it, since 51% of supply chain professionals with existing innovation budgets saw an increase earmarked for 2025, suggesting an even greater emphasis on investing in new technologies to meet rising demand, Kenco said in its “2025 Supply Chain Innovation” survey.

Keep ReadingShow less
photos of white house and a loaded containership

Supply chain groups push back on Trump tariff plan

Industry groups across the spectrum of supply chain operations today are pushing back against the Trump Administration plan to apply steep tariffs on imports from Canada, Mexico, and China, saying the additional fees are taxes that will undermine their profit margins, slow their economic investments, and raise prices for consumers.

Even as a last-minute deal today appeared to delay the tariff on Mexico, that deal is set to last only one month, and tariffs on the other two countries are still set to go into effect at midnight tonight.

Keep ReadingShow less
reagan national DCA airport photo

Reagan National airport plans to reopen today after deadly crash

All flights remained grounded this morning at Washington, D.C.’s Reagan National Airport (DCA) following the deadly mid-air crash last night between a passenger jet and an Army helicopter.

In a statement, DCA airport officials said they would open the facility again today for flights after planes were grounded for more than 12 hours. “Reagan National airport will resume flight operations at 11:00am. All airport roads and terminals are open. Some flights have been delayed or cancelled, so passengers are encouraged to check with their airline for specific flight information,” the facility said in a social media post.

Keep ReadingShow less