Goodyear announces $320m expansion plan at US factory
22 Apr 2025
Share:
Investment to increase production capacity at Lawton plant by 30%
Oklahoma City, Oklahoma – Goodyear Tire & Rubber Co. has unveiled a $320 million (€277 million) plan to expand its largest tire factory located in Lawton, Oklahoma.
The expansion aims to increase the plant’s production capacity by nearly 30%, adding 10 million units of annual capacity for passenger car tires, announced Oklahoma Department of Commerce 8 April.
The four-year investment is designed to enhance the plant’s capabilities to meet the growing demand for larger rim-diameter tires, which are higher-profit and higher-margin products.
The expansion will focus on producing tires for electric and autonomous vehicles, aligning with Goodyear’s strategic goals to cater to emerging automotive technologies.
The Lawton factory, which currently employs 2,900 workers, will see its overall capacity boosted to nearly 120,000 units per day, according to the local commerce authority.
Goodyear had previously invested $50 million in the plant between 2021 and 2023 to add factory space and an advanced mixer.
The new mixer enables the production of high performing tires for electric and autonomous vehicles.
This article is only available to subscribers - subscribe today
Subscribe for unlimited access. A subscription to European Rubber Journal includes:
Every issue of European Rubber Journal (6 issues) including Special Reports & Maps.
Unlimited access to ERJ articles online
Daily email newsletter – the latest news direct to your inbox