16 Nov 2005
Quincy, Illinois -- Titan International Inc. and Goodyear have extended the deadline to Dec. 1 to close on the sale of Goodyear's farm tyre unit.
The $100 million deal includes Goodyear's Freeport, Illinois, farm tyre plant, where Titan must reach collective bargaining agreements with the United Steelworkers union prior to purchasing Goodyear´s farm tyre business. The two tyre firms announced the sale in February, but have extended the deadline several times.
From Rubber & Plastics News (A Crain publication)
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