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Ag Tire Maker Titan Int'l Buys Idled Goodyear Plant in Tennessee

NASHVILLE, Tenn., November 11, 2011 — The former Goodyear tire plant in Union City has been sold to a maker of off-road equipment tires, officials said Friday.

The sale to Titan Tire Corporation is effective immediately, but the purchase price is not being disclosed, Goodyear Tire and Rubber Co. spokeswoman Amy Brei in Akron, Ohio, told The Associated Press on Friday morning.

The 43-year-old Goodyear plant was Obion County's largest employer until its closure in July, putting 1,800 employees from West Tennessee and western Kentucky out of work.

Titan makes tires for large earth-moving equipment, farm implements and other off-road vehicles. It was not immediately clear how many jobs would be created in Union City.

Titan plans to use the plant to mix rubber, but the company was not immediately releasing any details on when production would begin or how many people would be employed there, said Krista Gray, investor relations spokeswoman for Titan.

Gray said Titan CEO Maurice Taylor would have a statement Monday with further details.

Source: Associated Press

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