|Price Range 12mo avg:||$1M – $2.2M|
|$/sf 12mo avg:||$208.06|
|CAP Rate 12mo avg:||6.53%|
|Lease Terms:||25yrs NNN|
|Building Size avg:||9,200 SF|
|Lot Size avg:||1+/- acres|
The Goodyear Tire & Rubber Company is one of the world’s leading manufacturers of tires, with one of the most recognizable brand names in the world and operations in most regions of the world. We have a broad global footprint with 50 manufacturing facilities in 22 countries, including the United States. We operate our business through four operating segments representing our regional tire businesses: North America; Europe, Middle East and Africa; Latin America; and Asia Pacific.
The Goodyear Tire & Rubber Company was founded in 1898 by Frank Seiberling and based in Akron, Ohio. Goodyear manufactures tires for automobiles, commercial trucks, light trucks, SUVs, race cars, airplanes, farm equipment and heavy earth-mover machinery.
The company was named after Charles Goodyear, inventor of vulcanized rubber. The first Goodyear tires became popular because they were easily detachable and required little maintenance.
Goodyear is also known for the Goodyear Blimp. The first Goodyear blimp flew in 1925. Today it is one of the most recognizable advertising icons in America. The company is the most successful tire supplier in Formula One history, with more starts, wins, and constructors’ championships than any other tire supplier. They pulled out of the sport after the 1998 season. It is the sole tire supplier for NASCAR series.
|S&P Credit Rating:||BB-|
|Moody’s Credit Rating:||Ba3|
|Annual Revenue 2014:||$18.1B|
|Annual Revenue 2013:||$19.5B|
|Revenue Growth:||↓ 7.2% from 2013|
|Units (Dec. 2014)||1,200|
|Average Units Volume:||$15.1M|
Yahoo! Finance: GT News Latest Financial News for GT
The science of ‘Game of Thrones’ — how did Samwell get those gloves?
on July 17, 2017 at 5:18 pm
A modern medical procedure, dissected. […]
Fundo de Investimento em Direitos Creditorios Mercantis Auto Pecas -- No rating impact on senior shares issued by FIDC Mercantis Auto Pecas following proposed inclusion of additional insurance provider, changes in counterparties and other amendments
on July 14, 2017 at 4:27 pm
Announcement: No rating impact on senior shares issued by FIDC Mercantis Auto Peças following proposed inclusion of additional insurance provider, changes in counterparties and other amendments. Global ... […]
Goodyear Declares Dividend on Common Stock
on July 13, 2017 at 8:30 pm
AKRON, Ohio , July 13, 2017 /PRNewswire/ -- Directors of The Goodyear Tire & Rubber Company (NASDAQ: GT) have declared a quarterly dividend of 10 cents per share of common stock. The dividend is payable ... […]
Old dogs, new blimps: Goodyear pilots need to be retrained
on July 3, 2017 at 5:55 am
When William Bayliss is in the air, he wants to make sure he's the one flying the machine, not the machine flying him. That's why blimps are more his speed than planes. Bayliss, one of about only 40 airship ... […]
Goodyear Pilot Jobs Are Tough Gigs to Land
on July 3, 2017 at 5:19 am
The Goodyear Tire company is training pilots of its iconic blimps to fly new airships. There are fewer airship pilots than astronauts, making it one of the rarest jobs in the world. (July 3) […]