Continental Carbon Company has issued a news release regarding a lawsuit that it says was filed on May 2 against Goodyear for $2.3 million for non-payment of invoices.
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Goodyear said in a statement that it has not been served yet and cannot comment on the specific allegations.
However, Goodyear said that it has filed and served suit in Lawton, Okla., on May 8, against Continental Carbon Company seeking more than $4 million in damages related to delivery of defective carbon black that shut down production in the world’s largest tyre plant for more than two days in September of 2002.
Goodyear said it has a contractual right to set off any amounts it owes to Continental Carbon Company based on the substantial damage to the company incurred by the plant shutdown.
Goodyear said that it is disappointed that Continental Carbon Company feels a need to “be vindicated” when the supplier abandoned its responsibility to Goodyear to provide quality product.
