Goodyear Run-Flat Technology to Receive Ohio Award
19 March 1998
Goodyear Run-Flat Technology to Receive Ohio AwardAKRON, Ohio, March 19 -- A Goodyear engineer and a run-flat tire technology have been selected to receive an EDI Innovation Award on April 1. Inventor Thomas Oare, senior research engineer, and Marco Molinari, vice president of sales and marketing for Goodyear North America, are slated to receive awards for the company from the Cleveland-based business consortium. The tire company is being recognized for its extended mobility technology and its work to expand the run-flat tire size offering to more mainstream vehicles. Goodyear's run-flat tire is capable of sustaining a major puncture, instantly losing all inflation pressure and still being driven up to 50 miles at 55 mph. "No more spare tire, fumbling with a jack or changing a flat tire on a busy road, or at night or in an unfamiliar neighborhood," Molinari said about the breakthrough technology. Goodyear produced the industry's first run-flat tires designed to fit on any standard rim, which allow the company to keep the technology affordable. EDI Innovation Awards recognize successful area innovators whose new products or new concepts in servicing their customers increase the value of the business and improve society. Enterprise Development Inc., with Key Bank; Deloitte & Touche LLP; Squire, Sanders & Dempsey LLP' and Carleton, McCreary, Holmes & Co. has established the annual recognition program to honor companies for their innovative products, processes and services. Goodyear's Aquatred wet-traction tire received the EDI award in its inaugural year. Goodyear's first run-flat tire application came as an option on the 1994 Chevrolet Corvette sports car. Today, similar tires come standard on the Corvette and the Plymouth Prowler, which are both produced without a spare tire. Last year, Goodyear announced it would begin producing the first broad market line of run-flat tires for the family car. Chairman Sam Gibara has selected extended mobility technology to play a key role in the strategy to return Goodyear to its position as the world's best tire and rubber company by any standards by the end of 2000. The company has started to convert replacement tire production capacity to EMT versions of its broad market passenger car tires. In April, the company begins selling the new Eagle Aquasteel EMT run-flat tire in sizes to fit the family car and minivans. Last December, Goodyear's extended mobility technology received the "Best New Technology Award" from the Automobile Journalists Association of Canada. Goodyear was the first tiremaker and the only non-automaker to ever receive an AJAC award. SOURCE Goodyear Tire & Rubber Company