Amadeusz Juskowiak

Goodrich gr to phase out some businesses

BF Goodrich Co said it will phase out the production of aircraft tires missile and marine products and molded rubber products in Akron Ohio by the end of 1987 laying off about 790 salaried production maintenance and support services employees

The company said layoffs will start within the next few weeks

Goodrich said it will continue to make chemicals and adhesives in Akron employing about 356 Another 5000 salaried employees in Akron work for Goodrich

The company said it has not been able to operate the businesses being discontinued in Akron profitably enough to justify the large investment that it has in them

Goodrich said it will continue to make aircraft tires at Norwood NC and sonar domes at Jacksonville Fla and will relocate its molded rubber products business to a site not yet chosen It said it will stop making insulators for missiles

Goodrich said it is prepared to discuss with officials of the United Rubber Workers Union severance benefits for affected employees and issues related to the continued operation in Akron of the chemical and adhesives businesses and to the phaseout of the Akron aircraft tire missile and marine and molded rubber products manufacturing

A company spokesman said it does not expect any adverse impact on earnings from the move

Reuter