Goodyear shuts Taiwan plant to invest in low-cost countries

“Goodyear has issued severance pay to the 280 or so workers and staff, so they will no longer come to work in August,” Goodyear Taiwan's press officer Huang Chih-ling said.

“But our supply of products and service to customers will not be affected. We will maintain the six distributors and some 700 retailers” in Taiwan, she added.

Goodyear, based in Ohio, U.S., opened its Taoyuan plant in the north-west of the island in 1998. The plant manufactured car tires for domestic and export markets. Last year, Goodyear cut some 5,700 of its 70,000 jobs worldwide.

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