Chevron, Goodyear Tire, Union Carbide and Sears Roebuck were replaced by Microsoft, Intel, SBC Communications and Home Depot.
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Severe weather Wednesday evening damaged a Goodyear tire plant and other buildings around Lawton, Oklahoma, Comanche County Sheriff Kenny Stradley said.
Gibbons told his subscribers this week to buy a handful of beaten-down stocks, including blue-chips like Bank of New York (nyse: BK - news - people ), Coca-Cola (nyse: KO - news - people ), General Electric (nyse: GE - news - people ) and Goodyear Tire (nyse: GT - news - people ).
The troubles at Goodyear's tire plant started in 2007 when the Akron, Ohio, company decided to restructure its two production sites in the town.
"Overall, the industry is like the economy - it's limping along, although Goodyear North American Tire is doing much better due in part to work we have done in the past, " USW international vice president Tom Conway said in an email Friday.
Triple Tred helped Goodyear increase revenue per tire 18% since the Keegan turnaround plan was announced in 2003.
Since original equipment sales are critical to large tire manufacturers, Goodyear lost share to better-managed Japanese competitors.
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"Manufacturing must be able to adjust and flex production, " Steve McClellan, president of Goodyear's North American tire unit, told the union in the company's opening statement April 22.
The American tire maker had bid on a Goodyear factory in Amiens but demanded changes to employee work habits.
After a one-point spike in replacement-tire market share in 2001, Goodyear brand tires slipped 1.5 points in 2002, to 15% of the U.S. market.
And while Firestone remains the third-largest brand behind Goodyear and Michelin in the U.S. replacement-tire market, the crisis leaves it with a 7.5% market share, down from a high of 10.5% in 1999.
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