ML20206U407

74th Annual Rept

ML20206U407
Person / Time
Site:	07001489
Issue date:	12/31/1972
From:	GOODYEAR AEROSPACE CORP. (SUBS. OF GOODYEAR TIRE
To:
Shared Package
ML20206U346	List: ML20206U341 ML20206U386 ML20206U391 ML20206U402 ML20206U407 ML20206U414 ML20206U426 ML20206U444 ML20206U468 ML20206U643 ML20206U650
References
FOIA-98-341 NUDOCS 9902160016
Download: ML20206U407 (38)

Text

{{#Wiki_filter:,....... l _l, [ ^ si ~ ' ',, i._.....>

c. )

. ;..- ',. " ' :. s;

.,7 ; ' ;,.,.... '_ g.,.. . q ',.y; ' '., ' y,y. v . y., Y'. :,- l' ' '.. - f,'.' -l.... ;? '? k. _. . ' _.: YY.,' ",. '

-l..

nF '? - ;-.. f

E...

l. ,K'. .::. ;. ? .Q I 't. _' _';a; h':: ' .? - : : .*'\\ : - . ;lL,s,*, s'.. s s+.?. ;f ff.T l} l..:. (p '9, ..g :$

..,h" }.. ;:l:.,.l }. ' l.lj.V ;QR,0

.. ^: r-

..y?

O y;Yj f p;. V u -(

f ::'.. -['} f ..l f (,/%. g ?

.;-*l- . -k; [ }l_'..\\ ' '.. "; '. hl i'. ;?; f l -g.. Qf

• 5

, ! N:l' _.;_ :;j'... ' ^l' _[ .l ( ,. 3 'l

. '...,, '; L

[. ' ^ l ,.i.'."...-;_,:'N .; ~.. l t h , Y ",, ..l.l' ';._x.g

,.... ; ;, <

:.s:.. ;.. *,_-'.;;.-

_.s , ;&* L:,; ; ,..':.p- 'g J.5*:' a .1. ,'.'I: .? _, ~ l. ; _j. '.,; r' f., '..,} ; :.... ' q - - f *

• f' q~' ~."~^.y*,_:*+.'.i.,
• !, x. 3,.I, :. _*,. ' r.. :,,:. ? l' l : 5,;

,y.. ?;n % <' *..;. -l m .'._.'l,f'* ... (..'.c..j_..'. c: t' .: a r

• f f. :. j...

',. '. y; g h. vt ,, y .d ..L -- _;r..- Q{'. '5 .'......,.,,.,,}'~,[,.._g'. 'l

......,.,3t.9.

.., M e

_'_,_..q'.

,. ;c.

n

.c._.

t. .y- '.'[,., .* - a '. ' ~ l,. i', '.. h ' * * , ' j'. i._ '. r;'~

• j:

i l_ ^, j# -- . '..'. ';;_,{.f.(; f : ' ',e. ?;' l,'. _' ' } ' 1,_ ;l* l,' l 'lyl

} '.', l ',~;. ; [....W. :f',

b' 'I .,; ? E. l., ll l.y,.l.,, ;., '* f ', i. _- i '.'_;,...* ^ ' ';;.'.' -}f. ro.. ' _.

• h L' '..

' l*

.* *y

.-',!~e_ ?ll.' f. ' j _ '.?.;,-l.' ..f.. :.. y

• :: ',, ;....'.,:-l",..

.-.. -. R_%_., * ' s. L..

• 1.,.;'-

s ' '; 5'^' .'."r_- ,.'.l, f, . ? )%..';L'. ? '.;:l'-] " h L .;. a .. s., ; e ~ ..?' -\\ .^ -*. r, -$~ ?, j '.. -. ~. ~. :- '..,

f. '..

yr . i, :. 4' I. h',,,,,.,,.., ..- _ ~ .y._ 'r -e. 3, .. g ..w. ...6 2 y.- '*s ..,_ *.j.A.;A 1 ll ! ',? ~ -. s.. : s. r -p;; ~ a,:..

,,7',

,,,,a.

,m l'f 'a.

Y, l.

^ V; *l f l.~.? I.; Y ' ~ ~_.; h, . l, ' _ hl *l.a. ' l .. : : n.fe.e ._~.'.:>. . M,. O ..:..~.:9.- c -: -l :.- e..s....*..%..-

-l;,;. y...,,:..

19' j ?.,'. :..,. r: '.. ap..

• ,,,.1'. ;s a-s

...'r,e...,,...,- ..:,' '....s' -'.':~,.'..'< ;g _

• .q..'..,,~4q,_ '

M.- 's; - a_.*. .%,....,..s; ; ;.; ;.. e s w

• b,

g. ' [ '.. ;.;

v . ' ' -..-., Q s , - *,, -..' y sv.e...,,...,= ' -. ..4 t ....,...,r .l,,- ,.;'.~-*

• 1

' _; : ' r?:.? ' ', ' 'n'. d

'4.

.l[ _ fl,[#'

• .N '-:. '

,i ',. f _..'l,'7.'. -l N, N".'l..:) * ? ".':

• . - l'f p.

, '. _, ' a r ) l... : '. _ - s :? [L* ,..!_i.', .' fh . } N: ': - *' -.-~: ?:, , l: )...^.

• ^

.[ ' [. '. ' ' - o .i l * ^ ,a..

• 3

,,, y.. < - s.- f ,,. :. ". i ]. .i. %.; _: :.:.;l. , s..,-! ..,_.c. . ~; c p..:

',

,y 3.

. '

~ '- o '. : - li * ' g-y'.# * '.l.,l n.

. x.

k. .'W _...' '.? i-l, - 's.'-

• .l

.3. 9 .7,.. ., v.% f, ' l i; a.. L' I. ;. ; i.. ..l - . [ j._. : 3..[_ '.<l.' .;;. "? _.S, u',. ' jp......, - 3.:,,, l

T

..,. ;:, ( s.. - -. _:.: g., _'* ,Q hf.' IX. { f '.g.).;Y;';, n.\\ _,. ;, ), -l- .( ..' Y: U:", l:' Q.%. f' L '.Nl..., ' _ L... - ' -, ; ' { T ~, ' f. t. - '.i. f: (. ;

• W.

'a. '..W 'p ', _, t.'.- . ' ; _ ;-s 4 -._,'.y a.' :. ..,o ...k,;

• ,,L l

.-t -.._._.;,,.f. ', __.. '.?-* . _ y ';p.;.5,. .? cz-r. p:..... .f;, ;l. :...... : : '. _ -... f: '.;~, _ 'f s. _,...: :

. ~ -_.

gt. : ~, ..

• t.: -

f..,. '..';.7 J %,..:., ;.. .y. . e.:; _.: 4, _,, '..q.... _ 4". ' a .v s '. },; ; i_ ' i.::,, :. '. ;~_.._ v :. w... 6. p. _, j'., [.; ; :_.

s j,

3 ']:, ~ u, a '. ..~,;)},... ...y...: $ '. ' '.'. ',.: ',:'.;.,'._ ' '.. ' f. ' & ll3. :._ %, : ~ l :.' '.. '.D

- Q Y.

• ' ^ i.;.

.. f. 'O... .h ' .. Y k.Yf 'f..Y k _ ::. ' ' :l.. .IA., Y ,n-f.'. -. ? ^ . l. '[ 0,

h.. * *'.;. ' ",. ' '. ;j.,( ' ' ' ' '

.{. [. l.:.. Q, , 3.[- }. {(,'." '{[.%,. './..'[,. ;, h 3 .l, S.l" ) c[, 3..k U ((, p.'.(,%.* L.,. ..v. m. .] '..

C;.

y, _,'. .1...... -, ../... :.4 /.*,. L '.' :f.P

. ?,.,,

, q,.. ? :v.- ,a ' / '?. 5.' --, J; :. ;..: :' r. '. ~..

gt,-RA

.. : p' '7' 1- +.

• g w

h {

-l - } ; :.';; ;.._., { .. l.'... ', ; = ,,_,.,)._ t '\\ 1 y. y ,_ :4. ;,** ', y : ' { 'q %) {. l'.'7. _' l. y :. ' ' q';,g ;.g #'.y;;,l.

l'.:

f..

• W.

..j.._

.,._-[,,j, ..... i ;i : :.f '.i f ; ;.,;, i((( $ [ ' =g., %.' 's,.' . [ . -[ g,, "y - T, f f t 5, -... ' l [' [ *[ l ' ,.~,[ 'h .f. ;,[,[/h, (' ,f*1 -[: 'd [#N g' j > '[. ' j k. ~. '[ I - * ; f._.', * ".. $. ' t x,. '. y.:,h, ','!'.; $l,,., - ..,g*.,..., ,.:,s'..'[ : ". <

• E

.,.g .{ _4 - : f;';...,UL M v...,.' '; : 'h '*:y..'.h.ge '. '

's

• l

':...'..?- -.~ a

r. ~.;s'n.. ' : -.".:..

.. :,4. - ,o "kR,,; %. ::.. ;..:y' ':.. A. ~. '.

:, ;. -.._;._.,,; ; y,- '

?.:. ~ ~ - -.,',4,;o... *:. . b m..r V.

1?t ". e : n i. *. l:j. ' '%:.:'

• Q..A :.,. ;, -

v._ a i 33 4..f s l:: j y,.,... ~,' : 6._4.. : .rs .f,.. ;; t; ..f & ;_ p. -'.. '. ', :: ap '- -e- -{W,::. ....:. ;; Q'. :;'; n.t.g.,. 1 :,... ; : ( 5:;. ].. s %;%;, T p:e;g.,, f;.

..y.,*:.

y.. p.;t.

y.....;.;.. [..- ;.'. .... ;; _:,...... J._,y...,, '. _ / ;..:.,.,;. [, y .., 1, a : _

.. s.

. _.. s., ;; ['.;f - -3_. y._ n w. .n.. ~ .;[':.. ~...z...;. 3,:,._ ~.. i,.,....:... ... ~.'a.1 .,...:.. :: u. <e. .. } .l f f.$ 4 ,c ~,......:,.h.f h,;;. ,. ' ;f

• j f,',:.

,[ Y _

~ )_*ll J '.( (.gi; l;. ll,.j, : ::. ' ; j. f: n 'f.: ' G :.. '. '.: ;....;.'.(.- 'g...g, }, ', ; - Y: .;<? .y.M. ', f'. >;; f. ~ s y ;;,- %.g. ::..(;

,, _ y..

..:; ^ L. r.., + ::

>, '; :. ' ; ;. a. l ' < ~,.-

.'Lp.~p,- l l~l:? L ^^ j ? \\% .I.. ;.N... _ L. :: L ..: i hi.L .. %y;;.i Y'.'.. ?.[q,.M ?: Q)...y;. .,,,... L.,:b. '.:. es.... LN'.'y.= + ,.1 ; 4.y:., g:: :.. ; l ,n. Q.. h.4, '. y.. N.. : .c. W =... '.n.

• • L;

..' : Q,. ;r ? *. $...j,* :... L.a... a 1 ::n.y ?, P...

. yY.

.V%,.:..,- . Q :.f..;:; +; ; : '.1;.

'

. : ; }.pj.

• / Ql q. <

1 ..,.j,, ' v..13.,, f;w.i n. ,,.y.-_.. . : ? *. .[;.-'.q,..,l.. ?..: ":4 w.. ...s. -.,, [, '.. ..?

• :,..,y t.

5 '). l, f...; ;**. I','7. : ' ' '.. b;[,[_ ?', {_. .,.. q 'l;. ,' l., * .}; <g ;; '. G.,.1 ^)j. ;f

.l_

Y,..' $., *: ', ^ [.j';: * ^,'., ~ * ' .' j ;;. ' b < ~. ', _h f;. f. ..: au : ? - 'a[. ..'..~.4.%**?.:.. '::lli !'f:l;? )? :.':* e : '. b. 'sl).h 2

• *f.

.<ll. '._ '.' ', '... ; y: : ' 'f - }, f' ,'l , y.... '..* l9.. ' * 'h 5:. y cl(- y' w _y '_js . fl b.;,..,%, 7;. 3,i.... ; ;..,ey... ;J :, .,3... > :, 'a - g ..l.'j.:! f. f(. ,a..~ : :,;...h Y.: ( .n.n. ;.y.; ..:l w. .;; ; J ;: ,s l*. '; y.,-

4..

.s... ~ ' a.. ; * r :..n

h. g. g.: i L.:i.:..,.

' }s s.5::f[.).h.,:. i. ' g:,j; K:.' <.

• , } {' '. e,

.Y Y l Y ? f;.,' -:., f f.lA.f. .};. f, n.' .~_ 4hl I .f, .k y.; 'c .W ~ J.

...ef,

...y. .a a ,l. M.

• [ y, J.,..

... ; ~e >;. ;..:1 mm ):., ~.y. a',y _ c _9,l :R:.;. ;;; ;("'}.).:]; } I L.

. :. ' '. f.., ~_ - X,. ).. ; 2.yj ;,': :;.l : f:..l. i ' :I:{ (y

~ q [. h. ' f $4 s,:;;,.;,. 'f ' ^: }.i - -: - -..s c

1>..,

. ;:.. ~ ::.

w a.

f..: *.

f..'- ~ ; ; y;. I.., ~ .N. s.:.: ;. y., ;

t. 3

.&mu,.;l; s,s ;.y.m 3 a.;'.y.; :: ;L.J%.l: j: i '.l:': ' h ?. '... :,.:.. . ] :? :; l

. ;3 :,; y ;.. ;;.:, e c.

y ?. ' ?N.':::;f_N.T;..: M; ' I l '- ' ' '.. '. - ': l.

....5-v..

[,...... ..f[. woud..,. *. -.I. 3 r r.q,...,, .....,,i,., .n.......- ,,.. p.y,: -. 4 -...,g r ;. , n.,;. f..t.f. r c.... o c._,.a.. l-j ;- y;: Q:; :.,g ..f. {.,.. i u. ::. ;;. ..i ,,'. yy". p-f, r L. q1. # f.F:; y;.;L.f:. q...,Q.;. f.;.). f;g. 3,: y;g.; _ f.3, ^: % q %: L: Q ;g;;f:./. & N.;.. : : 3i - L ...w .. 3. ;<,;: J.Ry. (. ;. ;;F 3 ,y

.. ;;,,, y

, 3 m;.3. :,,

.w;... : b.... ,,} 47;;o .e '.c.

w. w v

a +. c.:...n.y t". :,...,. '. r.; W '. v . :.e:.'. '.0r .t. - ...e,-, -..:. g.. .M ;n-u . : - : ;?..1.: !..,. 5. ' ' i - t: .;. d.

V s.r;-

• iu 5

-...:. ; g.. :..-. x... :. '..r;w:y. o...:.:......... _'.;.., u; y-;*. c t ..u :: P. :.c. e..... ~...., -.c- .:;. s.. ... ;e: - :*.;. :s. a. . f G K han \\ .v >p.~. u; ;.... ; ".. ;_.:....,.. :.. . f *.;':.v 3,f,W :. _,.,.. 7 ::,,:~;.. _ ' -y '. ' n.... (. \\. ;,. <2 4, Y ', r c av ni } f.b.h; dpetr3Ngy.f'.~...'..:' $K:Co.mlllpmy: S.' i. _ y +s:.N..; i'.. '- J..;: ~ :-).. ef.pgML.[j,:; fy .: n . 3 y 'i ? - 4 i: K ' ^: o W. .:..: :. ' ",0;./ O f%$ Re OM. N n 9902160016 990209 - <: :H: : V ?, 'l % :: M. :: M W 'Mit?" " . ' ' ' " " " * * ^ + ' l1 *. v't* ? T *

• A h

T9 1 PDR .a

'J 'd i ~f...-hQ-jy V.f,<. < h 1 ' ? y, ,. s ? ~ .y ,,,,. *t ry.. - ),,y.: 4 :.. t,. .y '),p I $] QpA m' ,,.s.... s' l' .s. ~ ' '[ ifDj. ,/ p' L,.* (. f

~-

g

.e> <

s. /- r-f, ' ^. A~ ~ 'J* / .[5- \\ f,/ ; .m gs4 ,/ s N s, n, p \\- e

u. ;

z., ;

i s I, 's + , /'. i 4 1 ,/ 3 '~I e g 1. a s )._ ,,e ' 1 e .t ( \\ g (' \\ /

• i

,1 m \\, s b$l. . l ' / U ' ll ! x 'l y =,e m; ./ y .. v. :,* i;} .N' ~ A^ *' 3., 9 s. ,fu e,#

• 1. e&, n.a ay n.anenncomp=ar $;ddj; -

a. M G902160016 990209 IF T973 1 PDH g,- ,. g r

1 l l,- 1 1 74th Annual Report Year Ended December 31,1972 The Goodyear Tire & Rubber Company and Subsidiary Companies Home Office: Akron, Ohio t l CONTENTS The 1972 Story in Brief...... 1 Letter to Shareholders....... 2 l Financial Review........... 4 10-Year Comparison 10 Directors and Officers........ 12 1 Research Division . 13 Tire Division . 14 Industrial Products...... . 18 Chemical Division. . 20 l l Aviation Products......... 22 Foam Products ......... 23 Films and Flooring....... 24 ... 25 Shoe Products International Operations..... 26 Goodyear Aerospace........ 28 Motor Wheel Corporation.... 30 Environment 31 Goodyear World... . 32 Serving the Customer. . 34 Goodyear Worldwide....... 36 I 4 4 1. I THE COVER l The only steel-belted radial auto tire to be approved by all U.S. auto companies for their 1973 models-the Custom Steelgard TRANSFER AGENTS REGISTRARS Radial-was photographed in a rural area The National City Bank of Cleveland The Cleveland Trust Company 3 l near Akron for the cover of the 1972 Annual 623 Euclid Avenue 900 Euclid Avenue Report. The Company began producing Cleveland, Ohio 44114 Cleveland, Ohio 44101 4 radial passenger tires in 1958 in Europe and now has a worldwide radial production Manufacturers Hanover Trust Company First National City Bank capacity exceeding that of any other 4 New York Plaza 111 Wall Street American tire manufacturer, New York, New York 10005 New York, New York 10005 l l

Y e The Goodyear Tire & Rubber Company and Domestic and Foreign Subsidiary Companies The 1972 Story in Brief Dollars in thousande, except per share Year Ended December 31, 1972 1971 $4,071,523 $3.601,565 ~ - Net Sales.... Net income.............................. 193.159 170,223 ~ Common Dividends paid: $ 884 per share in 1972; $.85 in 1971............................... 63,941 61,260 Net income retained in the business............... $ 129,218 $ 108,963 Net income per share........................... $2.65 $2.34 Net income per dollar of sales.................... 4.7 cents 4.7 cents Book Value per share outstanding at year end....... $21.80 $20.01 1,003,974 836,331 Working Capital........ Current Asset Ratio.......................... 2.1 to 1 1.8 to 1 $ 146,034 $ 131,247 Depreciation........ Capital Expenditures for properties and plants..... 307,490 249,332 Taxes of all kinds-including Federal excise and income taxes, social security taxes and foreign taxes 599,234 537.508 Employes Average during year......................... 145,201 139,152 Total compensation for the year................. $1,170,332 $1,014,448 Shareholders.............................. 71,324 71.276 I

1 To theShareholders of The Goodyear Tire & Rubber Company: a gyJS GO, GOODYEAR models, were at record levels in 1972. Saies of radiai tires, which accounted for about 8 pc j cent of the total U.S. market in 1972, will continue t. expand. Demand for the popular bias-belted tires als-6 is expected to increase. ' d, p Free world sales of auto tires in 1973 are expected ti

• I total 452-million units, up 5 per cent from 1972.

\\ Although the demand for auto tires was at a recor< level in 1972, the most significant growth was recorde( in the truck tire market. Truck tires of all types will continue to be in recort ,E 4 ~~. demand in 1973. The mounting sales of recreationa vehicles will boost the demand for light truck tires Radials will capture a larger share of the truck tirt ,c market. p GENERAL PRODUCTS Continued progress was made by the Company's diver-sified General Products Group which made a significant contribution to the Company's record sales and earnings. ( Demand for general products is expected to remain strong in 1973 in line with an accelerated economy anc with greater emphasis placed on new products and d technology. Russell DeYoung Charles J. Pilliod Jr. Details of activities of the various products divisions are reported in the pages that follow the financial section We are pleased to report that sales and net income of this report. again attained record levels in 1972. Consolidated Net Sales of $4,071,523,000 compared DISTRIBUTION with M601,565,000 for 1971. This was an increase of A complete network of Goodyect distribution centers $469,958,000 or 13 per cent, the largest ever realized. now is strategically tied in with a computerized informa-Sales exceeded one billion dollars in 1951, two billion tion system which provides current data on inventories dollars in 1964, three billion dollars in 1969, and this year and improved services to more than 2,000 Goodyear Goodyear became the first company in the industry to Service Stores worldwide and the largest and finest record sales in excess of four billion dollars. dealer organization in the tire industry. Consolidated Net income of $193,159,000 was $22,- In addition to adding to its regular independent dealer 936,000 or 13.5 per cent above the previous record of organization, the Company continued to establish Fran- $170.223.000 established last year, and was equivalent chised Tire Centers during 1972 whereby qualif,ed to $2.65 per share, compared to $2.34 in 1971. individuals were trained to enter the tire business. The Dividends of $.884 per share were paid in 1972, com-100th such Tire Center was opened during the year pared with $.85 per share in 1971. The increase of 4 per and continued progress is anticipated in 1973. cent represented the maximum permitted under Federal guidelines. SUBSIDIARIES TIRE LEADERSHIP International sales and profits set a record in 1972 The big petvs about tires in 1972 was the introduction by although the level of business was down in many Goodyear of four lines of steel-belted radial auto tires, European countries. including the new Custom Steelgard Radial Tire, the Gains were made in the expanding markets of Asia, only steel-belted radial accepted by all U.S. car makers Africa and Australia. i for their 1973 models. Sales and profits overall were increased in Latin Based on more than 12-million miles of testing, the American countries. Custom Steelgard Radialis the finest steel-belted radial The Canadian operation achieved record sales ar]d auto tire available in the world today. profits and our leadership in the Dominion's tire market The Company's worldwide radial auto tire production, was strengthened. which started 14 years ago in Europe, now exceeds that Cutbacks in defense and space programs adversely of any other American manufacturer. affected business at Goodyear Aerospace Corporation. MARKET GROWTH However, progress was made in the areas of high-reso-Sales of auto tires, both as replacement and for new car lution radar, advanced computer technology, air trans-

portable shelters and development work on a new Navy GOODYEAR PEOPLE stnti-submarine defense system. Charles J. Pilliod Jr., who joined Goodyear as a produc-Aerospace's Commercial Plastics Division continued tion trainee 31 years ago, was elected president of the to supply fiberglass reinforced plastics to the auto-Company. motive, agricultural and other industries. Mr. Pilliod had served as president of Goodyear Motor Wheel Corporation achieved record sales dur-International Corporation and an executive vice presi- ) ing the year. The subsidiary continued to expand its dent and a director of the parent Company. { markets and introduced new styled wheels for the auto The 11th man to serve as president of Goodyear, j i industry. Pilliod succeeded Victor Holt Jr., who retired following j . Goodyear Atomic Corporation, operator of a large 43 years of service with the Company. ] gaseous diffusion plant for the Atomic Energy Com. An outstanding executive, Mr. Holt also had served as = mission (AEC), continued making contributions for a director of the Company. j I peacetime applications of atomic energy. Four new vice presidents were elected by the board. Record sales and earnings were achieved by The Joseph F. Hutchinson was elected vice president of Kelly-Springfield Tire Company and Lee Tire & Rubber product quality; John P. Kelley, vice president of adver- { Company. In addition to their own brands, both tising; Edwin H. Sonnecken, vice president of corporate subsidiaries supply private brand tires to large mass business planning, and Wendell L. Minor, vice president merchandisers. of original equipment sales. CAPITAL EXPENDITURES Mr. Minor succeeded C. Colmery Gibson who retired Capital expenditures in 1972 for expansion, modemiza. following 35 years of service, all in the sales field. tion and replacement amounted to $307,490,000 com. Fredrick S. Myers was elected secretary of the Com-pared with $249,332,000 in 1971. pany. He succeeded Richard L Miller who retired after Major expenditures included preparing for increased 44 years of service. radial tire production, improvement and expansion of Thomas E. Wightman, vice president and treasurer of distribution facilities, plant modernization and expan. Goodyear international Corporation, was elected an assistant treasurer of the parent Company. sion, construction of new production facilities, continu. ing emphasis on environmental improvement projects THE YEAR AHEAD and on research and development. Contract negotiations with the United Rubber Workers Union on wages, pensions, hospitalizauon and other TEN YEAR GROWTH benefits will begin in March. 5xpiration date of the In passing the $4-billion dollar level in net sales in 1972, the Company marked a ten year period during which its current three-year agreement is April 20,1973. Approximately 23,000 domestic ernployes in 16 rubber annual growth rate achieved 9.8 per cent. The Com. manufacturing plants are covered by the agreement. j pany's net income during the same period more than kept pace 'with sales, registering a 10.5 per cent growth The Company's progress in 1973 will be influenced greatly by what develops in these negotiations. rate for the 10 years. Records in sales and income were set each year with Demand for Goodyear products is expected to con-the exception of 1970, which was marked by an eight-tinue strong in 1973. The Company is better prepared than ever before to broaden its leadership in the industry week strike against the Company by the United Rubber as the general economy moves forward. Workers. The Company observes the 75th anniversary of its founding in 1973. At this milestone in Company history, Annual Growth Rate SALES Millions of DoHars INCOME we take this opportunity to thank our loyal and dedicated employes and dealers worldwide for their contributions 54.000 $200 to the success of the Company, and we offer our sincere - Net sales 9.8% appreclatiOn to Goodyear shareholders for their con- - Net income 10.5'/. linued support. 150 3,000 With the approvalof the Board of Directors, 100 h4a - 2,000 Chairman of the Board ) \\, 0 / 0 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 p

f If 4 Fin nciciRcvisw l Sales and not income until collections are made, and accordingly the current tax Consolidated net sales crossed the four billion mark for liability includes taxes deferred as a result of this timing the first time at $4,071,523,000 up 13% from 1971 which difference between financial and taxable income. On De-was also a record year. cember 29,1972, other quahfying accounts receivable were Consolidated net income of $193,159,000 represented sold to banks thereby enabling the Company to adopt the another new high with a gain of 13.5% over the previous installment method of reporting income for tax purposes on record of 1971. these sales in 1973 and future years. The net proceeds of Tires and related products sales were 85% of the total $115.263,000 were used to reduce short term indebtedness. compared with 84% in 1971. Income before taxes of tires and related products was 91% of the total in both years. Sales of new tires and tubes accounted for 60% of sales in 1972 and 61% in 1971. Inventories inventories, stated at the lower of cost (average cost or Principles of consolidation standard cost approximating average cost) or market, The consolidated financial statements include the ac. were as follows: counts of all majority-owned subsidiary companies except n asWs) m2 W1 that the investment in The Goodyear Bank is accounted for Raw materials......... $ 233,354 $ 218,775 on the basis of the Company's equity in the bank's under. Work in process.......... 80,479 82,416 tying net assets. A,il significant intercompany transactions Finished product........ 674,567 597,087 have been eliminated. In accordance with Opinion No.18 of the Accounting $ 988,400 $ 898,278 Principles Board, in 1972 the Company extended the equity method of accounting to investments in 20% to 50% owned companies in which it has the ability to exer-cise significant influence over operating and financial policies. The effect of this accounting change was not material, increasing net income for 1972 by $2,273,000 Properties, plants and depreciation (5.03 pershare) substantially arising frorn earnings of thes Capital expenditures during the year for expansion, companies in prior years. Investments in other companies modernization and replacement amounted to $307,490,000 continue to be carried at cost. compared with $249.332,000 in 1971. Depreciation in 1 1972 increased to $146,034,000 from $131,247,000 in the previ us year. Foreign operations The foreign currency accounts of subsidiary companies On nousands) 1972 1971 were translated into U.S. dollars at current rates except for Land and improvements... $ '113,261 $ 102.948 property and inventory accounts which were translated at Buildings............... 528,250 492.129 historical rates. Translation adjustments resulting from Machinery and equipment.. 1,950,810 1,796,761 changes in exchange rates are taken to income except Construction in progress.. 208,458 140,311 that effective January 1,1971 adjustments resulting from Properties and plants, changes in rates used to translate long term debt are at cost.......... 2,800,779 2,532,149 deferred and amortized over the terms of the related long Less depreciation..... 1,360,107 1,248,752. 4 term foreign indebtedness. Translat,on adjustments i $1,440,672 $1,283,397 charged to foreign operations during 1972 were $1,294,. 000 ($11,779,000 during 1971) including amortization of the related deferred charge. The unamortized balance of deferred translation adjustments at December 31, 1972 Depreciation is computed on the straight line method l was $3,578,000 ($6,051,000 at December 31,1971). for capital additions acquired after January 1,1968 and I After deducting $30,361,000 in 1972 for minority share. prior to 1954, while depreciation of capital additions during holders' equity, the net foreign assets were $647,341,000 the years 1954 through 1967 is computed on accelerated at December 31,1972 ($555,285,000 at December 31, methods, principally the sum of the years digits method,. l 1971). Earnings from foreign operations included in con. Accelerated depreciation is used for income tax purposes l solidated net income for 1972 amounted to $59,036,000 where permitted and appropriate provision has been made ($57,432,000 for 1971). for the resulting deferred taxes. Certain retail store and other facilities are leased a't minimum annual rentals which total $50,477,000 for 1973. I Accounts and notes receivable Most agreements expire within ten years and may be re-Revenues from retail installment sales are recognized newed by the Company, in the financial statements at the time of delivery but on the installment method for Federal incorr,e tax purposes. Under j this method, income from installmant sales is not taxable l

Incentive compensation and stock option plans Long term debt The Company has a Key Personnel Incentive Profit in September a public offering of $150,000,000 was Sharing Plan, administered by a non-participating Com-made of 7.35% sinking fund debentures due in 1997. The mittee of the Board of Directors, under which compensa-proceeds were used to reduce domestic short term indebt-tion contingent upon consolidated income is provided for edness incurred primarily to finance increased inventories 1,681 key personnel, including officers. A provision of and accounts receivable. Annual sinking fund payments of $12,076,000 ($10,204,000 in 1971) has been charged l $7,500,000 begin in 1978. against 1972 income in anticipation of the distribution of j An issue of 100,000,000 Deutsche Mark bonds ($31,- the profit sharing fund in cash and shares of Goodyear 133,000) was sold in December. The bonds, due 1978 to Common Stock to be made in 1973 or deferred with 1987, bear interest at the rate of 6.75%. Proceeds of the respect to certain participants until after termination of i sale were used primarily for foreign investment. employment (subject to forfeiture under various contin-Long term debt consisted of the following: gencies detailed in the plan). hn Thousande) 1972 1971 At January 1, 1971, 606,006 shares of common stock were subject to outstanding options granted to employes Sinkin9 fund debentures

• under the 1965 employes' stock option plan and a further 8.60% due 1976-1995..

$150,000 $150,000 7.35% due 1978-1997... 150,000 205,792 shares were available for the granting of additional options. During 1971, options were granted for 202,450 shares; options were exercised for 145,332 shares and 4 375 due 974 0 143'400 152'225 cancelled for 14,858 shares. In April 1972, sharehciders industrial revenue bonds, approved the 1972 plan under which options to purchase 4.70%-5.375% due an additional 1,500,000 shares may be granted. During 1974-1992............ 65,615 68,450 1972, options were granted for 125,600 shares; options Notes payable to domestic were exercised for 159,383 shares and cancelled for and foreign banks,6%- 6.325 shares. At December 31,1972, the total number of 7.125% due 1974-1979.. 60,000 87,500 shares subject to outstanding options was 608,158 at Deutsche Mark bonds' prices ranging from $20.00 to $33.00 and a further 1,398,925 6.75% due 1978-1987... 31,133 shares were available for the granting of additional options. Other domestic debt...... 5,245 5,064 Increases in common stock and capital surplus during Foreign subsidiary 1972 and 1971 resulted from issuance of stock under the companies............ 179,033 141,716 above plans. $784,426 $605,755 Report of Independent Accountants To the Board of Directors and Shareholders of The provision for United States and foreign income taxes The Goodyear Tire & Rubber Company includes $131,518,000 estimated to be payable for 1972 We have examined the Consolidated Balance Sheet ($128,282,000 for 1971) after reduction of $6,473,000 of The Goodyear Tire & Rubber Company and its do-($1,570,000 for 1971) for the investment tax credit under the mestic and foreign subsidiary companies as of December flow through method of accounting. The balance reflects 31,1972 and 1971 and the related Consolidated State-the estimated effect on income taxes of timing differences ments of income and Retained Earnings and Changes between financial and taxable income. There are accu-in Financial Position for the years then ended. Our mutated earnings after taxes of foreign subsidiary com-examinations were made in accordance with generally accepted auditing standards, and accordingly included l panies of $384,000,000 for which no provision is necessary such tests of the accounting records and such other for foreign withholding or other taxes because this amount auditing procedures as we considered necessary in the has been reinvested in properties and plants and working circumstances. capital. In our opinion, the accompanying consolidated finan-Research and development cial statements examined by us present fairly the con- ). solidated financial position of The Goodyear Tire & Research and development costs related to future and Rubber Company and its domestic and foreign subsidiary l present products are charged to income as incurred, companies at December 31,1972 and 1971, the results I'"'M8 of their operations and the changes in financial position The Company and its domestic and foreign subsidiary for the years then ended, in conformity with generally companies have a number of pension plans covering sub-accepted accounting principles consistently applied ,stantially all employes. The total pension expense for 1972 during the two-year period subsequent to the change, was $57,404,000 ($55,528,000 for 1971) which includes, which we approve, made as of January 1,1971 in ac-counting for foreign currency translation as explained as to the principal plans, amortization of past service cost in the Financial Review, over 25-year periods. The Company's general policy is to fund pension cost accrued.The actuarially computed value of vested benefits for the principal plans, as of the latest Cleveland, Ohio g4 y y valuation date, exceeded the total of the pension funds by February 2,1973 $217,000,000.

) l 6 d l The Goodyear Tire & RJbber Company and Domestic and Foreign Subsidiary Companies l Consolidated Balance Sheet Douars in miousands December 31 December 31 1972 1971 ASSETS 1 l Current Assets: Cash and short term securities........................ $ 68,313 $ 50,695 Accounts and notes receivable, less allowance 1972-$23,691; 1971-$22,974....................... 826,750 814,064 invento ries........................................ 988,400 898,278 Prepaid expenses................................... 68,968 63.176 Total Current Assets............................ 1,952,431 1,826,213 Other Asse4: Investments and miscellaneous assets 54,949 46.836 Deferred charges.................................... 28,616 27,101 83,565 73,937 Properties and Plants, less depreciation.................. 1,440,672 1,283.397 $3,476,668 $3,183,547 LIABILITIES AND SHAREHOLDERS' EQUITY Current Liabilities: Accounts payable and accrued expenses................ $ 450,960 $ 387,013 United States and foreign taxes........................ 183,591 189,788 Short te rm d ebt..................................... 248,586 343,476 Long term debt due within one year..................... 65,320 69,605 Total Current Liabilities........................ 948,457 989,882 Long Term Debt..................................... 784,426 (35,755 Deferred income Taxes................................ 71,773 53,152 Reserve for Sundry Liabilities, Foreign Operations, etc...... 49,803 48,798 Minority Equity in Foreign Subsidiary Companies.......... 30,361 29,967 l Shareholders' Equity: Common stock, no par value: l Authorized,100,000,000 shares; issued Il and outstanding, 73,025,760 sha res................ 58,514 58,249 i Cj; Capital su rplus...................................... 251,649 245,277 Retained earning s................................... 1,281,685 1.152.467 I Total Shareholders' Equity...................... 1,591,848 1,455,993 $3,476,668 $3,183,547 1 )J l The Financial Review is an integral part of this and related financial statementa. 1i lI

t f The Goodyear Tire & Ruther Company and Domestic and Foreign Subsidiary Companies Consolidated income and Retained Earnings Statement 'g Dollere in Siousands, except por share Year Ended December 31, 1, 1972 1971 Not Sales............................................. $4,071,523 $3,601,565 Other income......................................... 24,389 25.108 ~ Total.......................................... 4/)95,912 3,626,673 j Coet and F= j Cost of goods sold................................... 2,853,612 2,513,991 l } Depreciation....................................... 146,034 131,247 f i Selling, administrative and general expense.............. 662,918 581,204 Interest expense..................................... 73,909 70,657 United States and foreign income taxes.................. 162,124 156,922 Minority equity in earnings of foreign subsidiary companies.. 4,156 2,429 3,902,753 3,456,450 Not income for the Year................................. 193,159 170,223 Retained Earnings at Beginning of Year................... 1,152,467 1,043,504 1,345,626 1.213,727 Cesh Dividends on common stock: $.884 per share in 1972; $.85 in 1971..................... 63,941 61,260 Retained Earnings at End of Year........................ $1,281,665 $1,152,467 Not income per Share................................ $2.65 $2.34 l t e

T 8 The Goodyear Tire & Rubber Company and Domestic and Foreign Subsidiary Companies Statement of Changes in Financial Position Year Ended December 31, Dohars in thousands 1972 1971 Sources of Working Capital: N et i ncome..................................... $193,159 $170.223 Items not affecting working capital-principally depreciation and deferred taxes............. 165,419 150.670 Total f rom operations........................... 358,578 320.893 Long term debt additions............................. 277,770 49.962 l, Sale of investment in N. V. Rubberfabriek i Vredestein. net of income taxes...................... 37,996 Common stock issued under Employes' Stock Option fI and incentive Profit Sharing Plans................... 6.637 5.558 ,a 642,985 414,409 Applications of Working Capital: Property and plant expenditures........................ 307,490 249,332 Long term debt reductions.......................... 99,099 117,746 } Cash d ivid end s..................................... 63,941 61,260 4,812 17.154 Other items....................................... 475.342 445.492 $167,643 $(31.083) l l Increase (Decrease) in Working Capital Summary of Changes in Working Capitaf: Cash and short term securities......................... $ 17,618 $(17,689) f Accounts and notes receivable......................... 12,686 72,826 90,122 59,940 j inventorie s........................................ 5,792 14,892 [! I Prepaid expenses.................................. Accounts payable and accrued expenses................ (63,947) (73,804) United States and foreign taxes...................... 6,197 (61,117) 94,890 (114,665) Short term debt..................................... 4.285 88.534 Long term debt due within one year..................... $167,643 J31,083) increase (Decrease) in Working Capital i t \\' I = I ia C b

f World Tire Markets Continue Rapid Growth 1972 was another record year for industry sales of both auto and truck tire units in the U.S.A. and the rest of the free world, Projections indicate a continued growth in the future. i , Auto Tire Unit Sales Minions of Teres 72 600 450 Free World Outside United States 300 United States O 1960 1964 1968 1972 1976 1980 i Truck Tire Unit Sales Mimons of Tires 125 100 Free World Outside United States .0 25 United States 9 0 1960 1964 1968 1972 1976 1980

l 10 I I The Goodyear Tire & Ruther Company and Domestic and Foreign Subsidiary Companies Comparison with Prior Years o.u in s e,.r 1 1972 1971 1970 1965 Net Sales........................... $4,071,523 $3,601,565 $3,194,554 $3,215 j Not income.......................... 193,159 170,223 129,210 158,5 Not income per dollar of sales.......... 4.7# 4.7c 4.0c 4 Taxes of all kinds..................... $ 599,234 $ 537,508 $ 449,586 $ 489,C Common Dividends paid.............. $ 63,941 $ 61.260 $ 61,066 $ 59,1 I Net income retained in the business..... 129,218 108,963 68,144 99,1 l Depreciation....................... $ 146,034 $ 131,247 $ 121,662 $ 110,f. Capital Expenditures................. 307,490 249.332 262.383 293,5 l Properties and Plants-Net............. 1,440,672 1,283,397 1,169,155 1,033,5 l l Working Capital...................... $1,003,974 $ 836,331 $ 867,414 $ 842,4 ! f Current Asset Ratio................... 2.1 to 1 1.8 to 1 2.0 to 1 2.0 t< i Long Term Debt...................... $ 784,426 $ 605,755 $ 673,539 $ 577,1 l Common Equity...................... 1,591,848 1,455,993 1,341,472 1,266.( Per Share of Common Stock: Not income *....................... $ 2.65 $ 2.34 $ 1.78 $ 2.* Dividends......................... .884 .85 .85 .f Book Value-on shares outstanding at December 31.................. $21.80 $20.01 $18.49 $17.! Income Taxes *.................... 2.22 2.16 1.50 1.! All Taxes *......................... 8.21 7.39 6.21

67. '

' Based on average number of shares outstanding. Employes: Average during year................ 145,201 139,152 136,825 133,! l Total compensation for the year....... $1,170,332 $1,014,448 $ 926,029 $ 902t i Shareholders........................ 71,324 71,276 70,940 68, Common Shares: Outstanding at December 31'......... 73,025,760 72,759,871 72,545,433 72,273, i Average outstanding *............... 72,955,725 72,686,188 72,445,095 72,230,, j ' Adjusted to reflect a 2 for 1 stock split in 1969.

11 i l, 1968 1967 1966 1965 1964 ' 1963 $2,925,745 $2,637,710 $2,475,665 $2,226,256 $2,010,621 $1,731,099 148,262 127,066 118,489 109,228 100,152 81,129 5.1e 4.8 4.8e 4.9c 5.0c 4.7c . $ 441,481 $ 361,232 $ 353,152 $ 314,071 $ 311,818 $ 297,592 $ 50,924 5 48,107 $ 46,189 $ 42,509 $ 39,308 $ 34,573 97.338 78,959 72,300 66,719 60,844 46,556 1 $ ' 103.135 $ 95,820 $ - 84,019 $ 75,479 $ 69,542 $ 64,224 234,511 174,408. 189,597 158,994 108,038 77,420 852,189 s24,286 647,879 544,994 469,099 434,240 $ 839,405 $ 774,152 - S 780,763 $ 685,932 $ 644,409 $ 589,881 2.4 to 1 2.6 to 1 2.8 to 1 2.9 to 1 3.6 to 1 4.0 to 1 $ 545,520 - $ 452,899 5 411,067 $ 287,650 $ 240,892 $ 240,618 1,162,638 1,060,562 977,160 899,916 830,579 745,881' $ 2.06 $ 1,77 $ 1.66 $ 1.53 $ 1.41 $ 1.16 .7125 .675 .65 .60 .55625 .50 $16.13 $14.76 $13.64 $12.60 $11.66 $10.67 1.97 1.32 1.41 1.28 1.40 1.31 6.13 5.03 4.93 4.40 4.39 4.26 119,744 113,207 108,814 103,664 105,667 98,279 $ 806,765 $ 730,210 $ 700,154 $ 624,521 $ 558,271 $ 486,656 62,210 63,369 64,277 64,970 64,962 62,442 72,083,234 71,868,912 71,647,206 71,412,592 71,740,908 69,953,506 72,018,982 71,795,850 71,574,400 71,344,704 71,099,808 69,824,694

1 1 12 ) w THE BOARD OF DIRECTORS EXECUTIVE OFFICERS Russell DeYoung' Chairman Russell DeYoung Chairman and Chief Executive Officer Robert B. Anderson

• Financial Consultant Charles J. Pilliod Jr.

Edwin D. Dodd President, Owens-lihnois, Inc. President { Charles A. Eaves Jr. Executive Vice President Bruce M. Robertson John P. Kelley Arden E. Firestone Vice President and General Counsel Charles A. Eaves Jr. Edwin H. Sonnecken Philip O. Geier Jr. Chairman, Cincinnati Milacron Inc. Executive Vice President Vice President John H. Gerstenmaior Executive Vice President John H. Gerstenmaior Wendell L Minor Executive Vice President Vice President John D. Harper Chairman, Aluminum Company of America Ellison L Hazard

• Chairman, Executive Committee, Richard A. Jay Donald R. Kronenberger Continental Can Company, Inc.

Executive Vice President Treasurer Victor Holt Jr.* Consultant; formerly President, Arden E. Firestone Fredrick S. Myers l The Goodyear Tire & Rubber Company Vice President and General Counsel Secretary I William Howlett Chairman and President, Ward Foods, Inc. J. Robert Hicks Richard C. Herman l V ce President and Comptroller Assistant Treasurer l Richard A. Jay Executive Vice President Robert H. Lane Bennett H. Shaver f Charles J. Pilliod Jr. President Vice President Assistant Treasurer Robert H. Platt PresIJent, The Magnavox Company V. Lawrence Petersen Thomas E. Wightman { Bruce M. Robertson* Executive Vice President vt. r ca Lloyd B. Smith Chairman, A. O. Smith Corporation p nSc J. David Wright Director, formerly Chairman, TRW Inc. Member of the Execur/re and Fmance Committee Vice President Assistant Secretary Oliver M. Sherman James H. Ake Vice President Assistant Comptroller Melvin A. Wilson S. Leonard Lacks Vice President Assistant Comptroller Thomas F. Minter Robert B. Scharlotte Vice President Assistant Comptroller i Joseph F. Hutchinson G. Alexander Sampson g Vice President Assistant Comptroller 4

Research Division 1 The Research Division directed its Researchers also formulated new Ala., plants that reduced costs and i efforts toward the development of a rubber compounds for arctic use. increased capacity. The changeover wide spectrum of new products and Primary products include hose, belts for textile polyester is completed, materials in 1972. and hovercraft skirts. and the tire cord conversion will be The division provided technical Much work was done in the ure-finished in 1973. support in production areas to thane field involving new formula-During the year Goodyear's poly-streamline manuf acturing processes tions and applications.The variety of ester technology continued to be in and to further improvo product qual-uses range from automotive and air-demand and was sold and utilized ity during the year. craft seats and Polycast wheels to abroad. Goodyear personnel guided Extensive work over the past sev-solid industrial tires, shoe soles and the start-up of a polyester plant in eral years culminated in the devel-instrument panel crash pads. Colombia and are assisting in an-opment of energy absorbing parts Polyester research and develop-other to be constructed in Mexico. for automotive bumper systems that ment made a major change in the are functional as well as decorative. manufacturing process at the Point one of many applications for urethane. A family of new adhesive resins is Pleasant, W. Va., and Scottsboro, Product is made at Logan, Ohio, plant. receiving acceptance in the market-place for use in masking tape, clear y p'7 'i tape, surgical tape, and in hot-melt 1 adhesives used in food packaging. .p)(gs A new synthetic rubber for tires, yi formulated by the division, was } brought into full-scale production at the Beaumont, Tex., plant. Besides .e., M improving treadwear, the new rubber makes tires run cooler. -[ ~ , Rf

N, Fire-retardant coating by Goodyear pro-tects treated section of carpet backing s

while untreated area burns. \\ 4, U, ..s. 3,, y. -..o, zI.) 3 :: [ wamel g _ T ' . f,; ' :~. ).Q, c P' l 4 fi!- ] q ? R'S), ~ n g,m,4D 3 $ h sp...~a,- e - me k' ~ M

.s 14 Tire Division 3 Steel, a material synonymous with n. ( E-'js - strength, has placed Goodyear in bdh;,3_. one of its strongest positions in the ..P ..G'4'. l 'L. Company's history. '~4dQ({T N'j'Jv.. d. " D i.y g.M Steel-belted automobile tires were ' ' ', [- __;js" 3 } introduced in 1971 in the form of the Double Eagle Polysteel tire. Now $l [N' ~;;; there are five lines of Polysteel tires, -y e. f. c.,'(. ; ; ' ~ J'4 and Goodyear has used steel to e p'. t. d. ;.

.s move into the rapidly growing radial g.('

2 .$,.N J' (.g,. - tire market.

e

. [/. A MM years of radial auto tire production .E ~J Using experience gained in 15 v: 3 throughout the world, Goodyear has introduced four lines of steel-belted 4 8 ~s sh f*1 !.7i ! radial tires, including the Custom . Isi p a== [ sees #5sae 4 gV-Steelgard Radial, the only tire of its r~ -~ kind to be accepted by all U.S. car makers for 1973 models. The availability of steel-belted ra-dial tires in the replacement market "+ brings to nine the number of radial tire lines now offered by Goodyear. ~ The Company began producing auto radials in 1958 in Europe and now has a worldwide radial output ex-ceeding that of any other American manufacturer. To help meet the shift to radial tires, three plant expansions were announced during the year. A $28-million addition to the Union City, Tenn., auto tire plant will bring the facility to 41 acres of production under roof. Expansions also were lr-started totaling $11-million at Dan-R? Q ville, Va., and $1.7-million at the 9b. -. s o ~ Jackson, Mich., tire plant. Much of g' b ji, '").j the expansion at Danville was aimed u 'eg at increasing production of the all-f M* "

)

e-steel-reinforced Unisteel truck tire. v. Y -)s .[ 1 The Custom Steelgard Radial, the g g finest auto tire ever designed by jf -',1 s s a wi$ N Goodyear, first emerged early in the, f'-, \\ year when it was shipped in limited l quantities to Pontiac for mid-1972 g models. The tire was accepted -+ /'*% Unique contemporary Goodyear Service 4 Store in Columbus. Ind. (above), was specially designed to enhance newly de-veloped area of city. Interior features ( new, modern merchandising layout.

1 quickly by all automakers for 1973 Cushion Steel Belt Radial in larger models and all production was chan-78-series sizes, and the G 800 S Ra-neled to Detroit. dial, a tire introduced in Europo last By December, Custom Steelgard spring for European-type cars. Radial tires were ready for the re-The year saw a 60-series Polysteel placement market and with it came GT tire with raised white lettering 'three other steel-belted radials-the introduced as the exclusive tire for One of the last stops along customer's earthmover assembly line is to mount Custom Wide Tread Steel Bett Radial the entire pace car fleet for the 8-foot hlgh Goodyear tires on large in the wide 70-series, the Custom Indianapolis 500. With it came the vehicles used for off-the-road jobs. ,Mo s j g. D : '-. <

• - l) jl N

ll O' N s [y s an p., 'I. \\ _m { ~ '7/ .j f \\ '53; : g's j '.' d, *l S s N M[l, - r h h.,.r : ;] * . )

• 4-

\\ ~< 1l ~,..: a \\ ',- l2 : 1,,.., 7 u .,,s; .f *\\4..j p l.... r - C.' s c ~ s. y. = g.- $p ,, ~ L ... ~ l j \\ ~ .1 f u,..... ++ e s/. / / ,\\ / ,4' s y ~ f. / ^ i -. j, i / / ,' / ,/.y ' v \\ Ta 4 "'" ~ 's s. ./',, P

i 16 Tire Division continued { v-Custom Polysteel tire in the 78 The year 1972 saw the biggest tires year's proving ground near San series, the Custom Wide Tread Poly-get even bigger. Angelo, Tex. steelin the 70-series and the Custom The world's largest tires, the 40.00-The many advantages of tubeless Power Cushion Polysteel that fea-57 super earthmover tires introduced tires are now available in tractor tires tures a wide white sidewall. in 1971, increased their muscle with with the development of tubeless While polyester, introduced by the development of an extra tread Power Torque and Industrial Torque Goodyear 10 years ago, is used in line that boosted the overall diameter tires for tractor drive wheels, the plies of all of the steel-belted to nearly 12 feet and increased the Goodyear's four-year-old fran-auto tires, it also has moved into weight by more than 800 pounds to chise program reached a milestone truck tire construction. nearly four tons. with the opening of the 100th Tire The Cushion Miler RV tire, the To test the new family of super Center. The center in the Cleveland first light truck tire designed specifi-tires, a specially designed vehicle suburb of Lakewood was the third to cally for the rapidly growing recrea-capable of using tires 14 feet in tional vehicle market, uses non-flat diameter and carrying loads up to Force variation machine assures that spotting polyester cord plies to pro-125 tons was put into use at Good-radial tires meet rigid specifications. vide a Coft, no-thump, no-vibration ride for camper-type trucks and vans. [' To meet the growing demand for g polyester, Goodyear's newest fabric h.

• [gF 4

-4 processing unit, located in Decatur, Ala., has gone on stream. Tne fourth \\ . 'E, in a new generation of computer .i controlled 3T units is capable of t ( k 's,, - - f, producing enough tire cord each s? day to reach halfway to the moon. s p e. - 9 .......v. as,= -%**N 1 f.P.. [.k ' 7.: ;4w{, w dh %. Gl . x. Tu .y X-ray equipment insures high standard IQ NI .y'* /. 4, of quality control for steel-belted radial .,. f. .. - h le tires made at Union City, Tenn., plant. ~ W,?";; 8 1 .L

~

1 4 1 a. t x -m e 'a f# ' f, " ' ' ~ I' i f. fQ jG((b y. 4 c.. m My.. } p, g' zg g w 's),. y s .px.

17 be launched by Edward J. Conrad demonstrations, and visits by the history to average over 200 mph in Jr., who termed the program as "one Polysteel-equipped Indianapolis 500 qualifying for a race when he joined of the soundest investments avail-Pace Car to important areas. the field for the California 500. The able in the business world today." Mark Donohue won the Indianapo-race was won by Roger McCluskey Providing support to thousands of lis 500 riding on Goodyear tires. The on Goodyear tires. independent dealers, franchises and victory was just one highlight in in another "first," Richard Petty on the growing network of Company Goodyear's most successful year in Blue Streak Stock Car Specials be-stores, Goodyear put on the road a racing. Eight of the 11 major driving came the first man in NA6 CAR's 24-variety of attention-getting attrac-championships and 185 of the 255 year history to win the Grand Nation-tions. The " Meet The Hot Ones" high major racing events were won on al driving championship four times. performance car display made its Goodyear tires. annual year-long tour of the nation. Bobby Unser won four USAC New Custom Steelgard Radial tires go Other customer-drawing exhibits Championship races, captured the into boxcar for shipment to the auto included displays of the world's pole position in eight of the 10 USAC companies. Goodyear introduced four largest tire, Polysteel axe blade races and was the first man in racing lines of steel-belted radials in 1972. (. g v. _r t .. ) y s + A0Hyg Q' f g g .k $b Ih

h l

.I ~ __ j _ !. ; g '{.._ ' ~ ~ t ,,. j a - w i 9 ~,) .~ m s, s' r,

• u..

I *, ~~ 2.. h*g

• /,

,,~% = U,; 4U,..g.,, k.. O r. c 6 .,.ts1- _ g

y. )..\\

7, ~,\\ 1f . i :"4 '. ;1 T

t (. T,

4

18 Industrial Products Division i t N 't Sales of Industrial Products rose flex, yet hold their paint, represent a

• ey '.

significantly in 1972 with a special promising new technology. N l U.' - i 1 ";, " l 7., boost from safety programs initiated Other molded energy-absorbing

• N

, - 4

~(-(

• '\\

by the automotive industry, parts are being produced at St. , \\ fe - s 1., 4 '- The year saw the largest model Marys for auto bumpers. , ; ' 'g 'q [(c g.^~_.g 3 t change for Goodyear parts in history. As leading engine mount supplier, The St. Marys, Ohio, facility under-Goodyear had a major tooling task .' / ^h went a major expansion, and new when these parts were redesigned. ' ' '~ L g equipment was installed to process Sales of radiator hose, V-belts and painted rubber parts for 1973 model air springs also set records. g jff'3,A,4-. ., 1j .,,t/ ' I } 'y cars. Colorful bumper parts, which in the automotive replacement ff Goodyear conveyor belt systems assist Goodyear-developed flotation for oil-spiti / ',[ r',.,i !'I - ,) 'ff in transporting agricultural products such barrier performed well in Coast Guard .>e f l' f

,', i,[

as these pineapples in Hawall. tests off coast of California. i d.- {6 < y, 'd l I ,f .rK ( . Iw p..,, . f 0, / . \\., ll (y.yp,) >, l A. 'y / - p.. -.'? ..yi.d' /, s A i. 4 y j/ x. g. ~ .w re . \\ './.. >o, > >ts /,, ' ( f' '). h , i sj: -.g : .. h,( ' A - i f. '- ), .cg. 9, f/,. / 3, .x

x, z

,s \\. ~ ~'l p,\\ ty - L ' { y$ 8. j y' 1 ? -r 'I s i 5 s Y g t ~, .k$ 7' f Uhg ' .,. <, ' ' ~ \\ f 4 a3 b; .k ;,1 ; w w, ~

market, Goodyear continued its in-novative marketing with a concept ' 7 J 'I I d. i-} '. of preventive maintenance for belts ~ ' 4 f' I.,'. ' ' ' ' and hose. The exclusive instafind . p' ^.? ~ 4 ~ I,,,( Y,',' E - belt and hose numbering and racking ?I system also continued to gain favor. 8 s i Once again, record installation of

• [

'l? 'yj; ~ ;. d '# rubber railroad crossings was a-l,,#' ~' (.. - [ e,:, :.- ...f chieved as the city of Yakima, Wash., 7b i rubberized downtown crossings. s \\ '" Pollution control continued as a y,,. J 35 major activity in 1972. Flotation for g , f / {; two concepts of sea booms for oi! g ,ji spills were made by Goodyear. it 4 Rubber linings are a vital element gy in the design of pollution control -4, V '..

• M,e,

.c .s equipment and in noise control. f ?- .) The division's conveyor belt ex-pertise was tapped ty; ice during the

• l X k

^ year for long-range proposals on [8

5-[

overland systems to serve Iowa corn a d f-N ' ~ growers and industries on Cleve- ) N iE land's Cuyahoga River, T' 'l l k Power transmission products de-j y velopment efforts resulted in a ure- [' 's -) ( thane positive drive belt for copying N '@ l machines and an exotic variable (' y [ '. drive belt for agricultural equipment. f-

- y

• 4 Speedramp passenger conveyors, de-M '*

signed and produced by Goodyear, speed + f, shoppers between levels of shopping [ '/- \\ center at Meriden, Conn. g, Rugged snowmobile tracks and variable ["N O ,t /,,'- drive belts by Goodyear help transport g v workman into backwoods of Minnesota. 8("', ,( e- ,, e q -, 4 t .= f 4 f. f 'N / x' s .? N 'v %s s'c g, i eA.p i \\ .s 'A--

ll Chemical Division 20 I n. More concentrated sales effort by precast concrete building market. about 70 per cent over 1971. This product market, resulting from a Highway safety authorities showed increase, combined with a generally major Chemical Division reorgani-increasing interest in an extruded, strong economy, helped to com-zation, contribu'ed to the substantial Pliolite-based thermoplastic high-pletely absorb U.S. resin capacity. sales increase for the year, way pavement marking system. Pliovic mass polymers have per-Resin coatings took advantage of The division more than kept pace formed well in the pipe and film the improving economy and also ob-with industry vinyl resin demand by markets, while Vycell compounds tained a larger share of its product increasing sales and improving prof-have proved well suited for decora-market. Wing-Tack resins, showing its.The Plaquemine, La., and Niagara tive moldings. the most dramatic sales increase, Falls, N.Y., polyvinyl chloride (PVC) Polyester demand for wearing ap-are used in such products as ban-resin plants set production records parel, especially knits, continued to dages and tapes. by operating at capacity to meet Pliolite solution resins aiso enjoyed sales requirements. Fiolis of label material, backed with a significant increases, particularly in in the building prcducts market, Goodyear Natsyn-based adhesive, are textured masonry coatings for the plastic pipe production increased used in producing promotional stickers. [ WI q ~. 1 4 ^ [. i ry s V t a u m r.., ~ f.- ~ ,4IF j f*, g s . s l ~' ( j 4 O ._s_

21 grow during 1972. More than half of The division extended production to ing used in the graphic arts industry the Pt. Pleasant, W. Va., production its limits to meet a variety of latex for a myriad of promotional stickers. of polyester resins wentinto textured applications ranging from chewing Adhesive sales continue to outper-yarns. The division supplied cus-gum to asphalt highway construction. form the industry annual growth rate temers with Vitel polyester resin, in Sales of synthetic rubber by the of 10 per cent. The division now spite of a prolonged strike. Shipments division, world's largest producer, furnishes more than 50 per cent of of an improved quhlity polyester showed both growth and profit im-the adhesive systems for structural resin began in 1972 to serve higher provement, despite depressed prices bonding of fiberglass-reinforced speed yarn manuf acturing processes. in most product areas. polyester parts used in auto and A new polyester for tire cord also Growth areas for the division in-truck bodies. The department has was developed. cluded the retread market, where expanded its industrial adhesives Synthetic rubber latex consump-Goodyear is the leader, and in the line, and now manufactures more tion pushed upward, with a 14 per chewing gum, sponge carpet under-than 50 general-purpose, contact, cent increase alone created by pro-lay and adhesives markets. Natsyn-pressure-sensitive, structural and ducers of foam-backed carpeting. based adhesives, for example, are be-laminating adhesives. ? .q, ', C l ^ h .s g l " g', t 3 h ~ + ~, ' 1 ' m_ ' _ ; e ,,-a t ~ i s of, ~ ^ of. = .4 = p e O s. ps q Goodyear resin-based pavement marking lasts 10 times longer than paint and dries g in 60 seco ids greatly reducing traffic jams and danger to road crews. k Colorful, solid rubber play balls made of Natsyn synthetic rubber by Goodyear M O parade down the final production line.

l-Aviation Products Division 22 i l e-The division made a sharp turn-fl~ ,'T around in 1972 due to substantial 4,' M increases in new business and a j- ', y ?.- ~ strong upsurge in the economy. 21 ~67 Aircraft tires set the pace as the ~ %c division recorded high percentage increases in sales and profits. Gains ig,,. 4 ;'.b. - ~ also were made in other product j V. -- 1 areas during the year. 9

. i Much of the successwas attributed to the performance of the Company's L

Danville, Va., plant. Aircraft tire pro-duction capacity was expanded at e this plant in 1972 to increase the utilization of modern facilities and efficient production methods. In a move to broaden participation in the industrial brake market, con-struction was started on a new plant in Berea, Ky. When completed early in 1973, the plant will produce brakes g for a variety of industrial applications. The first production airplane equipped with Goodyear carbon-s composite disk brakes, the Air 3 Force's F-15 Jet fighter, began flight M' y-testing at midyear. Goodyear wheels, brakes, tires, antiskid and brake temperature monitoring systems continued to perform well on the McDonnell Douglas DC-10. The Goodyear anti-skid system on the L-1011 TriStar

• *e won highest praise from Lockheed.

Delivery of the first of many sonar domes for the Navy highlighted Litchfield Park, Arizona, operations, as work continued there on life-sav-ing, crash-resistant fuel tanks for several Army helicopter programs. Resurgence of the light aircraft i market led to increased sales of pneumatic deicing equipment and l bladder fuel tanks built in Rockmart, i Ga. The division continued to ex-piore new markets for rubber and l fabric products, such as skirts for air-cushion vehicles. Majestic DC-10 jettiner prepares for land-Ing. All new DC-10 aircraft are equipped with wheets, brakes, tires and antiskid equipment by Goodyear.

Foam Products 23 Foam Products sales continued A steel-reinforced bumper of undergoing brain surgery. strong through 1972. buoyed by an microcellular urethane is being sup-A promising new area is rotation-automotive sales boom, plied for 1973 cars. The two-tone ally cast nylon tanks. Seat cushioning, interior trim and bumper, painted to match the car's Unicast tanks are being supplied safety padding led the list of items. color, provides a styling feature as for portable machinery, agricultural A trend to full depth foam cush-well as functional protection. tractors and construction equipment, ioning became apparent during the Outside the automotive industry, Future uses for the fuel tanks will year. Goodyear's High Resilient foam rigid urethane is also finding new include boats, trucks and many other also gained acceptance. Its superior applications. A molded armrest for applications where design versatility, , fire retardancy meets both automo-office furniture is being manufac-light weight and vibration immunity tive and aviation safety standards. tured at Logan, Ohio. are important. A padded bucket seat back made Urethane padding is finding its way for the automotive industry uses a into many products, including a Air travel is more comfortable now with molded-on covering of Neothane to light-stable platen for copying ma-refurbished airliner Interiors using foam eliminate upholstering in vinyl. chines and a headrest for patients cushioning by Goodyear. [ h 4, 4,e l g .y p y-f$ gf ?, &y + g = t:r Q ', ) 7,.. T c-. f8'.1 -n, P g g ~ / I *... . E c.'3' { e=- ,~ 97-Y Y )p- _ (( f':M y y 4' t : lgh c: - f, .s<.

iYJ M.1 T.

MW. E ' g ' j ']}

• g hh C.* l f s

,([# ..4 W,,,v,. a v. ?' .v ' A y qe Agi- 's Y ',h.'f ~ a Lightweight Unicast nylon fuel tanks '. f;, 1 g#. t v afford flexibility of design in high vibra-tion uses such as f arm tractors. M ~ v. k ... 't, 4,. - [. c M.,. s. / '.i *, / 4 s 1 fi., " S- ~, 9.y ^ e l

24 Films and Flooring 1 -De a j The division's three distinct product r ,. A '.pjw ? N. g L,, and sheeting and flooring-jointly areas-packaging films, plastic film achieved record sales. h,h'."'.g. [i' ' ,......Z, / Packaging films production will s F expand in 1973 with a new plant in 'N. .1 - Q' ' 'm'""'N j 'A Merced, Calif. The Company now

1. . p...

g,. produces the broadest line of pack- 'r ,-4 ( . jg w M y 4 3. N-aging films in the industry for food g and industrial applications.

c y",

f g*'gUg complete system of terminal fresh Introduced during the year were a ,I 4 D' - I m' meat packaging and another system I .E (s 3 rg # 9,{ for deep-chill poultry packaging at l ,, } N the processor level. s e- '.)i 1D The plastic film and sheeting de-f p g partment posted record sales in 1972 -~ w of film and sheeting materials to a wide range of industrial users. 3 i t I '.\\ [4 Goodyear achieved leadership in the ecologically important pit and 'e " ~ i f-/l. .U pond liner market with the addition of three more impermeable mem- ,I brane lining materials. s r Sales continued to increase during - g;,.. j the year in normal uses of wallcover-ing, pressure-sensitive tapes and ' s .p V decals, and in insulation f acing films for fiberglass building materials. ~7* , f, ' j' ( The resilient flooring industry has ,.p gir . f,_= - N E

• 7 I-

/I, [ q' # increased sales steadily after being g3 j/ challenged by the carpet industry the k. A past few years. The huge do-it-yourself market h5 ll VA gU' ' ' continues to grow, and Goodyear's p'sbf 'y-moderately priced self-stick Instant g)l f .M 4 X Floor tile series is benefiting as more f m- .m consumers realize how easy it is to l n* ,..;\\ w,,. fe ' ~ install and to maintain. Sophisticated f -~~jl .? E .+ new patterns and colors have given 6 Def h, s 'g .A1 Y Oo '3, "? Goodyear new retail outlets, many ( ik~ k I Ve. of them mass merchandisers. O. 4 ' 8 ., r- */ The countertop market continues I N' to grow, and Goodyear's Evergleam, . f.h ~ the only flexible vinyl countertop material in the industry, is finding in- " ' Nf.. 5 d -9 creased acceptance in building ma- ~' ~ g terials and hardware chain outlets.

?

' l* s ,y .y : <.{ T /,I $~ [ + ss -[ Variety of items indicates potential for range of Goodyear packaging films which lf ,f s t .2, 1 ':...s .,i4 [ ,j. ' preserve and protect many food and t i V, non-food items used by consumers.

Shoe Products 2s Bolstered by a slowdown in shoe division established itself as a major The division led the industry in the imports, widespread economies and supplier of polyurethane molded production of the new high heels for aggressive marketing, Shoe Prod-soles. It is running at capacity to men's and youths' shoes. ucts increased sales in 1972. supply these soles for the platform, Campus and fun shoes continued imports increased only 5 per cent wedge, mule and clog shoe f ashions. to grow, and the division's Montani to 275-million pairs, well below last A new lightweight polyurethane lug sole for this footwear has been year's pace, while domestic shoe women's golf sole went into produc. limited in sales only by the ability to production was off 10-million pairs, tion, and a similar men's sole has sa cure enough molds. also showing a slowing trend. been developed. In the traditional line of shoe Economies instituted by the divi-Shoe Products introduced new products, Chemigum soles for work sion included equipment automation polyvinyl chloride (PVC) unit soles shoes continued as a top seller, to reduce labor content, consolida-in men's and women's patterns. The To help shoe manufacturers com-tion of product lines and reduction inexpensive PVC heel-sole unit is bat the high cost of leather, the of inventory and warehouse expense. available in the fashionable heel division successfully promoted the A multitude of sole and heel heights and toe treatments that com. Permagrain and cellular lines of sol-shapes and sizes created the f ashion plement footwear fashions. ing with leather-like finishes. look, particularly in polyurethane, as interest in shoe soles grew. The ..] ~ gr:g k Yh n ";(. W 7 .I Goodyear Chemigum Chevron shoe soles ? i,' \\ ' provide good traction and improved ' \\\\s I '. safety for steel worker and others in \\' hazardous occupations. ., A",. 9 \\ Popular Montani lug unit soles are fea- \\ ' ' g. [ g\\ \\ tured on men's and women's after-ski I 1 boots and other casual footwear. ' L, ; j 3, \\\\ \\' -* ~~ m .9l' U \\ \\ t i s ~ \\. i }.. W e ;i r / 4.' v. gw..V / .). a3 f l f 89,g.. + [_ _ j \\ t .N, \\ ~...... 8 g. ~ ,,.s. m y 'h 's ?_ l l{ L% s {I,, \\ ' fflj&f ~ 3 / ^ ~ 4;y ,g ,,e M# 3 n

as international Operations 5 h i Progress and growth continued in the major markets of Argentina and belted radial tire, introduced in the expanding markets of Asia, Brazil, sales and profits gains were Europe, was excellent. The new tire, Africa, Australasia and Latin Amer-made in the Latin American region. the G800S, is now being produced ica, offsetting the adverse effects of Marketing capability in the rapidly by all Goodyear tire factories on the j economic sluggishness in Europe. developing areas of Asia and Africa Continent and in the United Kingdom. i International sales and profits was greatly augmented. Arrange-To meet the need for accelerating were at an all-time high. ments were completed with the technology in aircraft tires, an Air-Production capability for tires, Malaysian government for establish-craft Tire Test Center was estab-f industrial products and chemical ment of a $15-million tire factory at lished at Colmar-Berg, Luxembourg. products was increased consider-Kuala Lumpur. The new tire factory Production and marketing of i ably through construction of new at Kinshasa, Zaire, was dedicated by chemical products were consider-plants, start-up of facilities built in President Mobutu. In October, the ably expanded and improved. Major the preceding year, and moderniza-first tire was produced at the new advances included the start of pro-tion and expansion. factory in Casablanca, Morocco. duction at new polyisoprene syn-Despite continuing devaluation in Construction of the second Good-thetic rubber plants in France and year factory in Brazil, at Americana, Japan. Both are joint ventures in r i K u;, 3 a

2. _,. m is nearing completion.

which Goodyear has 51 per cent and g.g,, y % bi- ' ? The shift to radial tire production, 50 per cent ownership respectively. ['% y' ?. f gQQ 1 particularly in Europe, proceeded on in all international manufacturing r4 W; gy'g p. f.- schedule. Radial tires now represent f acilities, a constant effort is exerted N: ^. the major portion of production in to establish and maintain highest f IN Gsif.C the European region. Initial accept-standards of environmental control. ~ M ance of the Company's first steel-At the Company's largest overseas f. gM Majeva Goodyear blimp Europa sails oves is Coast Guard training ship on Goodyear craftsman at Company's tire . q[. . g. the, durIng 1972 Summer Olympic plant, located just outside New Delhi, yachAJ, aces at Kiel, Germany. India, inspects mold for auto tires. " M.; .t f s m ' ~} q,. 3; jp7 [

• }

j " W( 3 QV :v.t l";, N. d. ~. 1 P M. y M; _, e-v ta r y~ i ?l f ,/7 ' L, g{.W: '. / ' i -Q_\\.m. ~. p. T s

.g t

.5-9y j p-or.g y, s y p. s ,r /". r \\ a. Wh ' ': 1 . ~. h x ~~^9 -==~ - W e ,1 '{vj' g ~ } \\A4 e et3 ep V 3m m. @ % $+g1 g i( f ' 4e n; i 1V 7 Q V $g f % ~ 9 ~& ,./ t: / .~ ~. o ..v 1 4 g l . ~[ l

27 factory, in Wolverhampton, England, center in St. Laurent, Quebec, to cent over exports in 1971. a new smokeless incinerator was in-serve Eastern Canada. A novel export that is contributing stalled to destroy old tires without Construction began on a much-to Goodyear recognition and accept-creating atmospheric pollution. needed expansion at the Colling-ance in the important markets of Goodyear-Canada strengthened wood, Ontario, hose plant during the Europe is the new Airship Europa. Its leadership in the Canadian tire year. It will increase production of Constructed in England with parts market by providing improved prod-current lines and enable the plant to shipped from the United States, ucts, more efficient distribution and manufacture, for the first time, hy-Europa began operations in June in tangible support to its dealer orga-draulic brake hose. England, crossed France to tour ma-nization. The Company opened an Exports from the United States to jor German cities and support the automated $2.5-million distribution overseas markets increased 30 per yachting phase of the Summer Olym-pics et Kiel, and operates from her Emire President Mobutu Sese Seko cuts Conveyor belt, made at Goodyear plant home base outside Rome in the ribbon signifying the inauguration of n>w in Bowmanville, Ontarlo, speeds job of Goodyear tire plant at Kinshasa. unloading ore at a Canadian dock. winter months. h _: %.%'wg t V .m e A. Q. M,.*.~ .. ~. + -,c--.... ~ / 's s 4 I // l ') .*r c - . g. '3A N. j .._ _~ x g.y yI -y \\. I 4 .h4 k~(y.n k" . :ml 2 ~ w. .-p.s 74 'q; "*g' ~ \\ p l \\ gl * 's g. g \\, ', g -/ w.. s j 'm.' g, N v s. ~

28 Goodyear Aerospace Goodyear Aerospace increasingly moved toward extremely high tech-nology, especially in electronics and electronic devices in 1972. Its international leadership in spe-cialized radars used for reconnais-sance and intelligence purposes on high-flying aircraft made progress. l Aerospace has pioneered in de-velopment and manufacture of high-resolution radar that looks out side-( I ways from reconnaissance aircraft. The U.S. Air Force has used the l radar extensively on F-4 Phantom jets, and it also is being flown on German F-4s. In civilian uses,the radar was used g-to survey large areas of the Amazon jungles of Brazil as well as Southern Venezuela and parts of Indonesia, t Australia and the Philippines. Geologists working with radar imagery of Venezuela discovered a new major mineral deposit, which Venezuelan President Raf ael Caldera called as large or larger than any previously known in Ver.ezuela. Similar finds may be expr cted in s many areas of the world as this new geoscience tool emerges for the benefit of man. Corollary radar technology was used on the Apollo 17 mission to process and record radar data of the moon. A deep space walk retrieved i GAC's cassette for return to earth. Advanced computer technology l took a step forward with an order }74,Q '((g s i j, from the U.S. Air Force for a com-plete Staran computer system for ; + i advanced electronics research. GAC outperformed major compe-I tition to win a significant contract for f advanced development work on a new Navy anti-submarine weapod j system. The work helped replace j production of the Subroc anti-sub, ( marine missile, which came to an i 1 I i i Optically focused laser beam is used in I this Aerospace data processor to gener-ate radar reconnaissance photos for. military and civilian applications. I i

I 29 t:nd after a period of 14 years. GAC is producing three different velopment contracts also were re-A second major contract received inflatable devices for the new Air ceived to study recovery systems for I was for production of air transport-Force bomber's crew capsule, as Space Shuttle booster rockets. f able shelters for the Air Force's Bare well as gold-coated side and upper Parachutes for the Viking mission, i Base program. The shelters can be windshields. The gold coating pro-going to Mars in 1975, successfully j airlif ted anywhere and then unfolded vides electrical conductivity to keep passed simulated Mars entry drop to form instant buildings. the windshields fog free. tests. A parachuto will slow the Fiber B, a new high-strength fiber Skylab,the nation's ongoing space Viking spacecraft as it enters the j developed by a supplier of Good-program for 1973, will test numerous Martian atmosphere to enable it to f i year tire cord,is used to make small space coating materials, using trays make a soft landing. inflatable devices for the B-1 bomber. and containers by GAC. Several de-The Commercial Plastics Division at Jackson, Ohio, continued as a supplier of fiberglass-reinforced Parachutes made by Aerospace for the Headlight assembly for 1973 car models plastics to the automotive, agricul-tfiking mission, set to go to Mars in 1975, is typical of sheet molded fiberglass pass simulated entry drop tests. products made at Jackson, Ohio, plant. tural and other industries.

g.. a[

'I, j h. k %)r", Nk[pi. w ..w ~ ..1 -Q * ', a

• • ' g i r:'.

...g..- j.. 2. ...1 ~ a l.. ~ _. _ Y48)U ~ \\ ' r ~~ ^ y = ~. e x .J}

• RmW i

\\ '. - ~~:

.. e t

/ y.. A-t, = y' _i_. j' ~ .._g + n.. .t. _., . [, .3.'_: w rv ^ t f k- ? ',,J.- g g ,_z, j, T j* am.,em c, . y' Y)i ? j ' s

v. ~

~ e t M E '# w g '. - - ;. ^ 4... j\\ ,./,, 7 2s W.l'f;..,.,-l h Ef.-' l -J. ;;. V'f ^ nL-f* ' _ R' D M.4,wwns:W v 5 ^ 7

.s.x 9... 5.... ; ;...

.. ~ _t. g... s _,g -. ' ' z,,.... s m x ...*s:gg ... w.;. ;.. ;,l.r;, .3 .~ .7 p =... z, .n...~. ...s. a - :.e.. / t

,.' e-W~ w':,.-/*j"*>., m.- Q u Tr.;>.

j.. ~l- .l g .:.~,..., ~. x n-g- ,. m& . * \\Y, E i ~ j L ~T~ -? j ........ ~. f. .. f..r. h, j "s z.... . Q.,,., m, q F

q. ~ %wg.f. m2., ~p v,.

W x ex s .m .._ yi 5;. N ' ?' [ s'. '[, sg 4 b)[gfj

30 Motor Wheel Corporation MotorWheel continued its expansion gas furnaces for mobile and modular in 1972. The unit, which resembles during 1972 with the addition of a homes during the year. three 35-foot towers, eliminates pol-mobile home axle assembly plant in Lansing, tape-controlled ma-lution potential associated with at Rolling Prairie,Ind. chining lathes were added for truck pickling solutions by removing iron The facihty is part of the Com-brake production, and a new power from the pickling acids before re-pany's expanding Foreman Manu-system is being installed. Production cycling them into the plant for reuse. facturing Division. Motor Wheel now continued on sintered brake rings Various air makeup and welder has 15 plants from coast to coast. and other sintered products. ventilation units were installed at The Company continued as the Conversion of a disk brake rotor Motor Wheel plants. world's largest manuf acturer of line from two-piece to integral was increased emphasis was placed styled wheels. In the original equip-completed at the Ypsilanti plant. on product quality, reliability and ment market. Motor Wheel expanded Work is under way at the Metal safety throughout all Company markets and introduced new styled Products-Akron plant on a new auto-plants during the year, wheels for Chevrolet. Oldsmobile mated truck rim line. The largest A major in-plant noise abatement and Pontiac. The Company now rims in the world, measuring 57 program included installing equip-offers 15 basic styled wheel designs inches in diameter, are produced at ment that deadens the noise, en-for new car models. The Polycast this plant for huge earthmover rigs. closing some production processes concept continues to play a major Metal Products retained its position to muffle sound and specifying lower role in the Company's styled wheel as the country's leading supplier of noise levels for new equipment. growth. It gives design flexibility. rims and wheels for heavy trucks and in the replacement market, the earthmoving equipment. Company's styled wheels consist of Motor Wheel continued to stress Polycast-styled wheels for Chevrolet (left) the Multi-Style for passenger cars, environmental control. An acid re-whee 197 T o yc st oep half-ton and three-quarter-ton vehi-covery unit went into full operation achieves design flexibility, cles, and the aluminum-disk Spyder and the all-steel Magnum 500 for ..gy jj;{ passenger cars. ] gg W The firm projects increased popu-larity of styled wheels in both the t. I replacement and original equipment markets. It is currently working on a y,,h0 s. number of experimental models for M k h .g [

g$}A '

the replacement market. h The Company's rapidly growing Duo-Therm Division set new record sales. The division is the nation's leading supplier of heaters and air 4 conditioners for mobile homes and recreational vehicles. At Duo-Therm's Alamo, Tenn., plant, a built-in air conditioning sys-tem for recreational vehicles has been introduced. The system helps 'N streamline the vehicle's exterior. A new high-recovery, low-storage water heater for recreational vehicles was also introduced at Alamo. The heater is the first of its type on the market. In addition, the plant started s' production on a complete line of recreational vehicle gas ranges. k \\ Duo-Therm's Sanger, Calif., plant introduced a new line of domestic

Environment 3, During 1972. the Company continued its progress in the area of environ-mental control, uMM$ Environmental improvement proj- '.' g"._ y's },. +$ 4.p; 2 - y g f ects amounted to $3-million, bring- ~ " * ' - '>d WM,, f v p 9 ing the total to $19-million expended ~ Y7 / N [c g ' ' 0; . since 1966. They included major ' :3 ' 5'?4 'l h ./ s, .3 boiler conversions to gas and oil at I ih 'A %.,, Goodyear Aerospace and Plant 1 in Akron and the completion of phase E h I I C M' a i[, ' ^"' one of a two-phase boiler conversion i T.i - at the St. Marys. Ohio, plant. ?T i,. I r.'

1. M,.

[/ j ', _..~. : / ~ A Work also was completed on an ~ 4.. / {'- g j solids from water used by the Akron ' h. k L' 4/Y; + $850.000 facility that removes rubber g A.- synthetic latex and Chemigum plants . l. [ f. 4-k 1.g before discharge into sewers. ,h:.. A: The most dramatic news on the '.' ', ].. i. t" ,7,.. yl, corporate ecology front, however, ~1 . o' ' ~2 .,h'-- was the beginning of work on a new Dla M,'.[ tire-fired boiler at the Jackson, Mich., ( v#, * **M ;_ eMpj,M. J' 7 5. '. '. i@# _ ', W' -, $ 1." y,- N J.' 7- ' #,8 h,i. Q g plant. Nearing completion, the $550,- 3 g 000 unit will consume over a million -~ - Jf% ~ M" N u ' per year generating steam used to M produce new tires. ~. '. ' -. Op -n,..-. k of its kind in the world, the boiler will ~,. ' _ i. ~.,,.,7-

• idi First in this country and the largest

^;- m ~ '- '" -- -.- *' 1 - M #2 N,..' ' '*~?.' L c .+ ~~ meet the most stringent federci, state and local air pollution standards. ~~ -E [h2'..'.s. ' ~~1 M ',',_ ' ' ' ' Goodyear. continued its efforts to ~ demonstrate practical uses for scrap .{ #.[ ' ', ~ tires, such as artificial reefs. The ~ Company is associated with two of the leading reef projects in this country at Fort Lauderdale and ~ Marco lsland, Fla. G oodyear provides 4 tires and compacting machines. Another highly promising use of g'

• /

scrap tires developed by Goodyear k 5 utilizes them as highway impact 7 - l barners. Tests made during the year show that the tire barriers dramati- .;wM,, N j .- 3(g p_. cally reduce crash impacts. l,. MW;Q.a i -~ .. =,.. - -g ~ ~ ~. f,;15%.,, ',\\ s; L - 1[-. Ed.Cdk' ry5. yo. i ;? 1 Sundles of worn-out tires are dumped in C the sea for an artificial reef off pictur. ~, y i, j., f w;d .e <. ' 2 _. ~ esque Marco Island, Fla. Reef is being j built by Deltona Corporation. , C,, Y *' _Y,.f~ i ' .f. +. Fish swim among scrap tires comprising '..5.;. ~- artificial reef at Ft. t.auderdale being built by Broward Artificial Reef,Inc. Goodyear p ', p ' r.% 7 e ,A k ,l e a is cooperating in both projects,

32 Goodyear World 04*2 : ,;";'t.i!!i ot't' " fl#;i"=0.iii.I".*o','.".'s?,T'" 1 . t-f.",? *.10;i'l"a"#j"",';;""""*' 0"Tll'lf".l*lll",,5". *.'i s',;',. % o .ui., v..,.,i.o. l i , :7 j' li .. ty '. .g ad

l$ft y

t

e 33 Goodyear tires dress up sideline carts used by NFL teams. The tires also are used on a baseball version of carts for all National and American League teams. ~ -. . y y. K ,\\.; ' I.:l % _' l y _ &;,; [ f -8 ^ f. -f);k;;.Yj %.((M.9V70iM3"~'O./f+M g3 ~ E 5 'sti a .',' T s,*E i/",' ~ =y y W 'g i Y, ^ -~~. -~c ~ '~' h:j , ;.:.y 4f _..,,., T. f c.,. z" '5 j :. ; ; ; 2,, Goodyear food bolts move up to a million a j,,,. y, pounds of nuts daily at Californla Almond Growers Exchange. Test car stams into scrap tire impact barrier at 50 mph. Designed by Goodyear inspectors at Marysville, Ohio, plant Research scientists, tires absorb the check 1,738-foot-long belt for quarry. crash with only minor car damage. . +. \\

I,

' *~%f .: ~,.. m ggd1,:?;' '~.,cr$3" - I ?*.; 4 N Q'i-WQ& y/ ~g wm '<w. .e ? _. .s s ,,, m l'~f.' k](i ,J

• d' nn.

s M a t j

• -,. <., j ; _, _ fh

}.?' } ^

• ;^ '4%k h l

. ' '} '*'q . : /. .'9.;:.s e r;.> s =. _ yj:. p.y.?);.hj ..l 't

o u Serving The Customer CHEMICALS Rubbers for TIRES Automotive, Industrial and Timsfor household products and Aircraft footwear Automobiles pt;ogi,x Bicycles Chemigum AVIATION FRODUCTS Buses Chemivic Construction equipment Natsyn Tires, tubes, retreads and Earthmovers INDUSTRIAL PRODUCTS Budene retread materials Wheels, brakes and brake ,"$,*,"#Y "" Conveyor belts Latices fo, frichon anaterials Flat transmission belts Foam products, carpet Skid control systems ] Farm and garden tractors industrial V-belts backing, textile and paper Brake temperature 1 Farm implements FHP V-belts treatment and paving monitoring systems "Go Anywhere" vehicles Poly V-belts material Helicopter rotor braltes Golf carts Fan belts Pliolite, Chemigum and inttustrial and special Harness racing sulkies Positive drive belts Pliopave purpose wheels and brakes industrial vehicles and Variable speed belts Resins for Aircraft and ground vehicle equipment Industrial hose Reinforcing rubber fuel tanks Lawn and garden equipment Automouve hose and Logging vehicles compounds, paints, plastic Crashworthy fuel tanks fan belts Military vehicles and films, sheeting, paper and self-sealing coatmgs F e hose textile coatings, moloed for fuel tanks and imes j equipment y rautic hose goods and building F -retardant foams for FOAM PRODUCTS i n gv c en Engine and chassis Motorcycles Pliolite, Pliovic Fabric tanks for fuel storage Safety padding Pilotrir Air springs CeH Erosion coatmgs and Automobile instrumen Snowmobile tracks R cat onal vehicles and uf, Cus o p cements panels and padded int-Tracked vehicle Special purpose coated applications components Chemicals for fabric products gg p g Scooters Molded rubber products Rubber compounding Electric heated panels Airfoam for Trailers Rubber railroad crossings Wing Stay, Wmg-Stop Electric heated aircraft Ice Automobile and aircra Trbcks Extruded rubber products Wing-Tack protection equipment j Special tires for Printers' blankets and gums Accelerators Pneumatic boot ice Furniture cushions Amusement and Rubber sheet materials Polyester resina for protection equipment Tractor seats f transportation systems Tank and chute Imings Textiles, films, coatings and Air supported radomes Non-vehicle industrial and Dock and ship fenders adhesives inflatable shelters and Rigid urethane foam fc i agricultural equipment inflatable dunnage Vitel, Vitut platforms Furniture and commer Pillow tanks Flexclad inflatable marine buoys applications Pollution control systems Marme sonar domes and Flexibfe products for Permatoam-tr.flated tiras Rubbe anowplow blades Adhesives for towed array housings Railroad car components Therrnosettmg. contact, Buoyancy bags Retread and repair Polyurethane shapes pressure sensitive. Manne anNoulant snatenals Commercial applicatic materials People-moving systems taminatmg aarosol and Air cushion vehicle skirts Automotive bumper FRP applications Unicast nylon for ,.. gg c- ,,?! h1 - components Pliobond, Pliogrip Fuel tanks % "b K '. Painted rubber parts Pliotac

p..

l j j j ,1 j .i N.u E~ i 5k h%s f - / ~ i

3

'A j w / y '( ..-.J. 7 d - 7. ' h 4 f y n_> -,e s _j l l g \\ - pt e m- .c \\ N Q. e _a, Q 1 N,.,- a. gt Sh W -

4 FILM PRODUCTS Packaging Films Cast Films: PPofilm for packaging FLOORING coffee. meat, hygroscopic products, and for Deluxe vinyl tiles in 12 x 12-fabricating stencils, anch sizes for residential betteries, laminations and hght commercial nstaHations Prime Wrap (shrink and om, tedM aM non-shrink) for packagmg sculptured tiles in a wide g variety of contemporary Special Rigid and colors, stone, marble and MOTOR WHEEL Semi-Rigid Films for woodgrain patterns for laminations, overwraps every room in the home Wheels, hubs, brake drums, instantfloor seWadhenng disk brake rotors, axle Estruded Films, floor tiles in 12 x 12 inch assemblies, miscellaneous Vitafilm (shrink and size. Popular colors in non-shrink) for packaging contract stampings and te fresh and frozen meats, De uxe Tr e vinyl tiles for fresh produce, skin I ght commercial and for packaging, toys, textiles, heavy-duty commercial hardware stems installations in M" gauge g 3,3 Vitafilm for fabncatmg and Colors, patterns and Earthmovers laminations, bags construction speciaHy Graders applicable for commercial SHOE PRODUCTS Industrial equipment vitatube for insulation insta ati ns. Good for Agricultural implements facing schools, offices, hospitals, Crown Neolite soles and Ordnance vehicles vitaspensers (utility stores, factories and other heels Boat and utihty trailers tvrap dispenser) heavy traffic areas Crown Neohte toplifting Highway trailers Neohte sotes and heels GOODYEAR AEROSPACE Aircraft COUNTER TOPPING Railroad cars Plastic Film 6 Sheeting Evergieam vinyl counter top Ne I te repe soles and Undersea warfare systems Vmyttilm and Plichyde for en lightly textured and heels Tactical weapon systems Rims for wall coverings, green. smooth surfaces, Broad Neolite toplifting Radar systems Trucks houses, electrical tape, selection of patterns and Polyurethane unit soles Reconnaissance equipment Buses identification tape, colors in 36-inch width PVC unit soles Guidance and control Earthmovers pressure-sensitive labels, rolls-flexible for easy Vulcabond unit soles systems Construction vehicles tank kners, Vmaliner pond installation, tough for Vinabond unit soles S'mulators and trainers Grader and industnal hrors, pools and pool liners, long wear Chemigum soles and heels Geoscience mapping vehicles pipe and duct coverings, Wingfoot soles and heels services Heating and shower Curtains, infant Golf soles and heels Digital data procr - s wear, toys, luggage Sport soles and heels Air cargo equ* gg G-114 soles Recovery and s ation Triform for GT heels and lifts systems Automobile safety padding, an P usn s Recreati al vehicles pressure-sensitive decals duc s Polyliner (chionnated Shoe repair supplies Commercial plastic polyetnylene sheeting) and products Electric brakes for Shelters Mobile homes Hydroliner (taminated 3 Hypalon sheetmg) for Donded structures Recreational vehicles j Travel trailers industrial pond kners g and covers, tank hners ~ g Q,. wr (y -. [- ^~ h,. )l A W a. 3 t 67l V ) Q %$L ~ f e+ %e w u). 7 / l1 s i i

tr Goodyrr Wcridwids a INTERNATIONAL l UNITED STATES rAmericans Brarli Tires, Tubes and FHm ' Akron, Ohio Tires, industrial Products, Chemicals, Metal Products Flooring Flims, and Products Amiens, France Tires and Tubes Bangkok, Thailand Tires and Tubes for Defense, Space and industry Alamo Tenn. Mobile Home Air Conditioners Bogor, Indonesia Tires and Tubes Bowmanvitie, Ontario, Canada Industrial Products Ashburn, Ga. Mobile Home Axle Assemblies Buenos Aires, ArgentinaTires, Tubes. Ashtend, Ohio Adhesives Industrial and Shoe Products Bakersfield, Calif Automotive Foam Products Call, Colombia Tires and Tubes Beaumont, Tex. Synthetic Rubber Casablanca, Morocco Tires and Tubes 8Beres, Ky. Industrial Brakes Chatham, Ontario, Canada Metal Wheels and Calhoun, Ga. Lates and Film Truck Rams Cartersville, Ga. Textile Miti Cisterna di Latina, Italy Tires Tubes and Films Cedartown, Ga. Textile Mill Collingwood, Ontarlo. Canada Hose Products Chehalle, Wash. Tread Rubber 8 Colmar-Barg, Luxembourg Tires. Tubes, Fabrics, Chicago, lit. Mobite Home Axle Assemblies Steel Tire Cord, Tire Molds, Technical Center Chicago Ridge, Ill. Mobile Home Electric Brakes and Tire Proving Center Chino, Calif. Tread Rubber Craigavon, Northern Ireland industrial Products Conahohocken, Pa Tires and Films Cumberland, Md. Tires and Tubes Fulda, West Cermany Tires and Tubes Danville, Vs. Teres Glasgow, Scotland Tires Decatur, Ala. Textile Mill Guatemala City, Guatemala Tires and Tubes Fayetteville, N. C, Tires Izmit. Turkey Tires and Tubes Freeport, llL Tires Kashima, Japan Synthetic Rubber Gadsden, Ala. T6res and Tubes Kinshasa, Zaire Teres and Tubes Geneva, Ohio Metal Wheels 8Kuala Lumpur, Malaysia Tires and Tubes Houston, Tex. Synthetic Rubber ILeHavre, France Chemicals and Synthetic Rubber Jackson, Mich. Tires Lima, Peru Tires and Tubes Jackson, Ohio Commercial Reinforced Plastics Lyon, France industrial Products LaGrange,ind. Mobile Home Heaters and Manila, Philippines fires and Tubes Air Conditioners Medicine Hat, Alberta, Canada Tires Lansing, Mich. Metal Wheels Hubs and Melbourne, Australia Tires and Films j Brake Drums Mexico City, Meulco Tires Tubes. Industrial and Lincoln, Neb. Betting and Hose Shoe Products and Films 'Litchfleid Park, Arts. Aero, Electronics, Avionics, Morant Bay, Jamanca Tires and Tubes Coated Fabrics. Goodyear Farms and New Delhi, India Tires and Tubes I Resort Hotel Norrkoping, Sweden Tires and Tubes Logan, Ohio Automotive Foam Products Orsay, France Technical Service Laboratory-Los Angeles, Calif. Tires Chemicala Luckey, Ohio Automotive Foam Prodwets Owen Sound, Onterno, Canada Automotive Madisonville, Ky. Shoe Products Foam Products Marysville, Ohio Betting Products Philippsburg, West Germany Tires Tubes and Films Mendota. Ill. Metal Wheets Quebec, Quebec, Canada Molded Goods and 2Merced, Calif. Film Shoe Products Newark, Del. Metal Wheets 3Rio de Janeiro, Brazil Chemicals j how Bedford, Mass. Bicycle and Motorcycle Tires, St. Hyacinthe, Quebec, Canada Textile Mill Tubes and Industrial Products Salonika, Greece Tires and Tubes Newton, Kan. Mobile Home Axle Assemblies Sao Paulo, Brazil Tires, Tubes and industrial Niagara Falls, N. Y. Chemical and Vinyl Resins Products North Chicago, Ill. Hose Products Sydney, Australia Tires, Tubes, industrial and Shoe Pine Grove, Pa. Mobile Home Axle Assemblies Products Plaquemine, La. Polyvinyl Chloride Resins Taipel Taiwan Tires and Tubes, Point Pleasant, W. Va. Polyester Resin ' Toronto, Ontario, Canada Tires. Tubes and Films aPortsmouth, Ohio Atomic Energy Tauruga, Japan Polyester Tire Cord Fibers Rockmart, Ga. Textile Mill and Rubberind Fabric Ultenhage, South Africa Tlres. Tubes and 2 Rolling Prairie,Ind. Mobile Home Axle Assemblies Industrial Products St. Marys, Ohio Molded and Extruded Rubber Valencia, Venezuela Tires, Tubes and Goods and Films industrial Products San Angelo, Tex. Goodyear Proving Grounds Valleytield, Quebec, Canada Tires Sanger, Calif. Recreational Vehicle Equipment Wolverhampton, England Tires and Tubes Scottsboro Ala. Polyester Tire Cord Fibers Stow, Ohio Mold Plant Sun Prairie, Wis. Automotive Brake Hose Topeka, Kan. Tires Tyler, Tea, Teres p. Union City, Tenn. Tires RUBBER PLANTATIONS Whippany, N. J. Fuel Tanks MANUFACTURING AFFILIATIONS Windsor, VI. Shoe Products Dolok Merangir Estates, Indonesia Ypsilanti,Mich. Brake Drums and Disk Brake Rotors Altona, Victoria, Australia Las Delicias Estate, Retalhuteu, Guatemala Calcutta, India Marathon Estate, Belem, Brazil Cork, Ireland

• MRC/ZRC Estates, Mindanao, Philippines Hythe, Hampshire, England
• Pathfinder Estate, Mindanao, Philippines Petaling Jaya, Matoysia Porto, Portugal

' Multiple plant location Sahaganj, India 2New plant under construction Tokyo, Japan aGovernment owned. Goodyear operated Turin, Italy " Goodyear operated Wellington, New Zealand}}