Thursday, May 24, 2012

Goodyear Tops "Fortune 500" List for Northeast Ohio


The Goodyear Tire & Rubber Company is the largest business in Northeast Ohio according to the 2012 “Fortune 500” list, which was released recently.

Based on 2011 sales of $22.8 billion, Goodyear is ranked by FORTUNE as the 126th largest business in the country, up from 139th last year.
 
Compiled since 1955, the “Fortune 500” ranks U.S. companies by sales.  Companies are ranked by total revenues for their respective fiscal years.  Included in the survey are companies that are incorporated and operate in the U.S. and file financial statements with a government agency.

The complete “Fortune 500” listing is in the magazine’s May 21 issue, which is on newsstands, and on its Web site, www.fortune.com/500.  

Goodyear is one of the world’s largest tire companies.  It employs about 72,000 people and manufactures its products in 53 facilities in 22 countries around the world.  Its two Innovation Centers in Akron, Ohio and Colmar-Berg, Luxembourg strive to develop state-of-the-art products and services that set the technology and performance standard for the industry.  For more information about Goodyear and its products, go to www.goodyear.com.ph.

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