The Goodyear Tire & Rubber Company announced an investment of approximately $575 million to expand and modernize its Napanee, Ontario, plant to meet the evolving and diverse needs of the electric vehicle (EV) and all-terrain markets.  

The investment, which includes partnerships with the Government of Canada, Government of Ontario and local municipalities, will bring 200 new, highly skilled manufacturing jobs to Eastern Ontario. In addition, the facility, already recognized as a net-zero waste to landfill site, will integrate environmental solutions to increase its energy efficiency and reduce carbon emissions.

Goodyear began construction on its expansion earlier this year, which it expects to complete by the middle of 2027.