# Goodyear expands and modernizes Napanee tire plant

Goodyear Tire & Rubber Company is investing over $575 million CAD to expand and modernize its Napanee, Ontario plant to serve electric vehicle and all-terrain markets. The project will add 200 jobs and is expected to be completed by mid-2027.

- Type: Expansion
- Announced: 2024-08-12
- Where: Napanee, Ontario, Canada
- Value: $427.0M (575.0M CAD)
- Jobs: 200
- Starts operating: Q3 2027
- Status: under construction
- Products: tires for electric vehicles, all-terrain tires
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Goodyear Tire & Rubber Company](https://endata.com/companies/17658.md)

## Sources

- [news.goodyear.com](https://news.goodyear.com/2024-08-12-GOODYEAR-ANNOUNCES-INVESTMENT-IN-NAPANEE-ONTARIO-PLANT), 2024-08-12: "Today's announcement reinforces our long-term commitment to Canada and enhances our agility and flexibility, positioning Goodyear to meet the evolving needs of our customers now and in the future."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.