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Goodyear FCPA Settlement Highlights Importance of Thorough Pre-Acquisition Due Diligence

2015-03-10 21:15:13| Industrial Machines - Topix.net

On February 24 the SEC charged Ohio-based Goodyear Tire and Rubber Company with violating the books and records provisions of the Foreign Corrupt Practices Act . Goodyear agreed to pay $16.2 million to settle the charges, which stemmed from allegations that the company failed to prevent or detect bribes amounting to more than $3.2 million distributed by local executives at two of its Sub-Saharan subsidiaries in order to obtain tire sales.

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Goodyear tires could power electric cars

2015-03-09 12:48:22| Industrial Machines - Topix.net

Goodyear Tire & Rubber Company has unveiled a concept product, called BHO3, that "offers the possibility of charging the batteries of electric cars by transforming the heat generated by the rolling tire into electrical energy." The technology aims to address an obstacle faced by electric car companies like Tesla: the limited range of their vehicles before needing a recharge.

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Goodyear imagines a tire that can charge your EV

2015-03-07 10:57:06| Industrial Machines - Topix.net

Tires might seem like just round hunks of rubber and metal belts, but a lot of technology goes into them. At this year's 2015 Geneva Motor Show , Goodyear is showing off two conceptual products that imagine the future of this automotive necessity.

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Goodyear Concept Tires Offer a Glimpse of the Future

2015-03-06 11:31:13| Industrial Newsroom - All News for Today

Visionary tire technologies showcased at Geneva Motor Show GENEVA, Switzerland  Two groundbreaking concept tires unveiled by The Goodyear Tire Rubber Company (NASDAQ: GT) at this week's 85th Geneva International Motor Show could radically change the role of car tires in the future. Though the two tires are...

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Lockport native rises at Goodyear plant in Kansas

2015-03-06 01:25:09| Industrial Machines - Topix.net

Dusty Douglas , a 22-year veteran of The Goodyear Tire & Rubber Co. , has been named manufacturing director of the company's manufacturing facility in Topeka, Kan.

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