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Goodyear Malaysia to Close Shah Alam Plant as Part of Transformation Program

Goodyear Malaysia
Goodyear Malaysia
Goodyear Malaysia has announced the closure of its manufacturing plant in Shah Alam as part of its transformation program, Goodyear Forward.

Goodyear Malaysia’s Closure of Shah Alam Plant to Impact 550 Jobs

Initiated last November, Goodyear Forward aims to optimise the company’s footprint and portfolio, drive significant margin expansion, and create shareholder value. This program includes targeted actions to achieve annual cost reductions of $1.0 billion by 2025, ensuring Goodyear‘s competitiveness and continued leadership in the industry.

As a result of Goodyear Forward,...

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