Goodyear Tire & Rubber Co Says Full Ramp-Up At Tire Manufacturing Facility In Debica, Poland Is Not Expected Until Q4 Of 2024; Tire Production At Debica Resumed On August 22, 2023 At ~55% Of Capacity
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Goodyear Tire & Rubber Co announced that full ramp-up at its tire manufacturing facility in Debica, Poland is not expected until Q4 of 2024. The company resumed tire production at Debica on August 22, 2023, at approximately 55% of capacity.
September 28, 2023 | 8:36 pm
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Goodyear's delayed full ramp-up at its Debica facility may impact its production output and potentially its revenues until Q4 2024.
The delay in full ramp-up at Goodyear's Debica facility means the company will be operating at reduced capacity for a longer period, which could negatively impact its production output and potentially its revenues. This could have a negative impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100