Goodyear has denied a report, citing the city’s mayor, that it is close to inking a deal for a $1bn tyre plant in Dalian, China.
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“Dalian is already an important location for Goodyear and further investments in that location are possible, however we continue to explore opportunities in Asia and Dalian is one of them.
“Further, the ability to invest $1USbn in one plant in less than several years is an impossibility for Goodyear,” the tyre maker said in an emailed statement.
“We will make the appropriate announcements once any decisions have been finalised.”
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