Goodyear Recognized by Fortune as World's Most Admired Tiremaker

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Mar 03, 2016, 08:45 ET

AKRON, Ohio, March 3, 2016 /PRNewswire/ -- Goodyear (NASDAQ: GT), for the fourth year in a row, has been recognized as the world's most admired tiremaker by Fortune magazine.

Among companies in Fortune's World's Most Admired Companies' Motor Vehicle Parts category, Goodyear was also the No. 1 ranked U.S.-based company and ranked No. 3 overall.

In the Motor Vehicle Parts category, Goodyear was ranked No. 3 in five of the nine key attributes measured, and No. 4 in three others.

Goodyear led its key global tire competitors by a wide margin in the overall rankings as well as in all nine attributes.

Started in 1983, the Fortune Most Admired list is considered "the definitive report card on corporate reputations." It uses a rigorous assessment by nearly 4,000 executives, board directors and securities analysts to determine a company's overall reputation by evaluating innovation, people management, use of assets, social responsibility, management quality, financial soundness, long-term investment, product/service quality and global competitiveness.

The full list, with all categories, and related stories appear in the March issue of Fortune, which is available on newsstands and online at fortune.com/WMAC. Published since 1930, Fortune is one of the world's leading business magazines.

Goodyear is one of the world's largest tire companies. It employs about 66,000 people and manufactures its products in 49 facilities in 22 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate/.

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SOURCE The Goodyear Tire & Rubber Company