{"id":23171,"date":"2023-09-29T11:53:02","date_gmt":"2023-09-29T11:53:02","guid":{"rendered":"https:\/\/microloannexus.com\/investing\/goodyear-says-fire-in-poland-factory-will-chip-away-at-emea-sales\/"},"modified":"2023-09-29T11:53:03","modified_gmt":"2023-09-29T11:53:03","slug":"goodyear-says-fire-in-poland-factory-will-chip-away-at-emea-sales","status":"publish","type":"post","link":"https:\/\/microloannexus.com\/?p=23171","title":{"rendered":"Goodyear says fire in Poland factory will chip away at EMEA sales"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002559920\" role=\"document\">\n<p>Goodyear Tire &amp; Rubber Co.<br \/>\n        GT,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210067261\/composite\" class=\"positive\">+0.25%<\/bg-quote><br \/>\n       said Thursday that a fire at a factory in Poland will impact its sales in Europe, the Middle East and Africa by $20 million to $25 million in the third quarter and $10 million to $15 million in the fourth quarter. An Aug. 20 fire in the Debica, Poland, factory \u201csignificantly\u201d damaged a portion of the tire-curing area and caused the temporary shutdown of the tire-making factory. Production has resumed but the factory is at about 70% of capacity, with a full ramp-up not expected until the end of 2024 due to the lead time in replacing damaged equipment, Goodyear said. \u201cWe are mitigating the impact on our customers by leveraging existing inventory and by increasing production at other facilities, which should help to offset lost production until Debica returns to full production,\u201d the company said. <\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/goodyear-says-fire-in-poland-factory-will-chip-away-at-emea-sales-814f233?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Goodyear Tire &amp; Rubber Co. GT, +0.25% said Thursday that a fire at a factory in Poland will impact its sales in Europe, the Middle East and Africa by $20 million to $25 million in the third quarter and $10 million to $15 million in the fourth quarter. An Aug. 20 fire in the Debica,<\/p>\n","protected":false},"author":1,"featured_media":9288,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[],"class_list":{"0":"post-23171","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Goodyear says fire in Poland factory will chip away at EMEA sales | Micro Loan Nexus<\/title>\n<meta name=\"description\" content=\"Goodyear Tire &amp; Rubber Co. 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