GOODYEAR RELIGHTS ICONIC SIGN ABOVE ITS FORMER WORLD HEADQUARTERS IN CELEBRATION OF THE COMPANY'S 125TH ANNIVERSARY

Rhea-AI Summary

Goodyear (GT) collaborates with The Well CDC to revitalize iconic Akron sign, celebrating 125th anniversary

Positive

• Positive impact on community relations and corporate image
• Revitalization of historic landmark symbolizes commitment to Akron
• Fundraising event to benefit economic and housing initiatives in Middlebury neighborhood

Negative

• None.

In partnership with The Well CDC, the new sign was unveiled at a community celebration on Aug. 10

AKRON, Ohio, Aug. 11, 2023 /PRNewswire/ -- In a nod to Goodyear's longstanding history in Akron, Ohio, the company has collaborated with The Well CDC, a nonprofit organization dedicated to enhancing Akron's Middlebury neighborhood, to revitalize the iconic Goodyear sign that shines over the company's former headquarters, which is now Goodyear Hall.

The historic Goodyear sign has served as both a Goodyear and Akron icon and symbolizes the company's roots in the Middlebury neighborhood in Akron. In celebration of the company's 125th anniversary, Goodyear worked with The Well CDC to restore the sign, which has not been operational in nearly a decade.

"This project shines a light on Goodyear's continued commitment to invest in Akron and in the communities where we live and work," said Laura Duda, senior vice president and chief communications officer. "We are thankful to work together with great community partners like The Well CDC to support the neighborhood that Goodyear has called home for the past 125 years."

The revitalized sign was unveiled at The Well CDC's Imagine the Future celebration on Aug. 10. All fundraising proceeds from the event benefit the organization's economic and housing initiatives to support the Middlebury community. 

"The Well CDC invests in people through the built environment. What better way to imagine the future of our community then by partnering with Goodyear to invest in our place and re-light this iconic Akron landmark. We hope this sign can be a symbol in the Middlebury neighborhood, and all over Akron, that we have a place worth investing in and fighting for," said Zac Kohl, Executive Director of The Well CDC.

"The iconic Goodyear sign is synonymous with the City of Akron," said Akron Mayor Dan Horrigan. "To see it lit up again in celebration of the company's long-standing commitment to this city is a special moment for all who call Akron home. I look forward to many more years of Goodyear's partnership and impact in Akron."

Goodyear will celebrate its 125th anniversary this month on Aug. 29. Visit our Corporate Website to learn more.

About The Goodyear Tire & Rubber Company

Goodyear (NASDAQ: GT) is one of the world's largest tire companies. It employs about 74,000 people and manufactures its products in 57 facilities in 23 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate.

 

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SOURCE The Goodyear Tire & Rubber Company

FAQ

What is the partnership between Goodyear and The Well CDC about?

Goodyear collaborated with The Well CDC to revitalize the iconic Goodyear sign in Akron, celebrating its 125th anniversary.

What is the significance of the revitalized sign?

The revitalized sign symbolizes Goodyear's commitment to Akron and serves as a beacon for community investment.

How does the fundraising event benefit the Middlebury neighborhood?

All proceeds from the event support economic and housing initiatives in the Middlebury community.

When will Goodyear celebrate its 125th anniversary?

Goodyear will celebrate its 125th anniversary on Aug. 29.

Where can I learn more about Goodyear's anniversary?

Visit Goodyear's Corporate Website to learn more about the 125th anniversary celebration.