# Goodyear Canada to spend $575M expanding Ontario plant for EV tires

Goodyear Canada plans to spend more than $575 million to expand and modernize its Napanee, Ontario plant to produce electric vehicle and all-terrain tires and improve energy efficiency. The project is supported by federal and provincial funding.

- Type: Expansion
- Announced: 2024-08-12
- Where: Napanee, Ontario, Canada
- Value: $575.0M
- Status: announced
- Products: electric vehicle tires, all-terrain tires
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Goodyear Canada](https://endata.com/companies/79134.md)

## Sources

- [timminstoday.com](https://www.timminstoday.com/business-news/goodyear-spending-575m-to-expand-ontario-plant-produce-ev-tires-9339625), 2024-08-12: "Goodyear Canada is planning to spend more than $575 million to expand and modernize an eastern Ontario plant to produce electric vehicle and all-terrain tires and make its processes more energy efficient."

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