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AKRON, Ohio, June 15, 2017 – For the 63rd consecutive year, The Goodyear Tire & Rubber Company is in the upper echelon of American businesses in Fortune magazine’s annual ranking of the 500 largest companies in the United States.
Based on 2016 sales of $15.2 billion, Goodyear is the 184th largest business in the country. It is ranked fourth in the magazine’s Motor Vehicles and Parts category.
Compiled since 1955, the “Fortune 500” ranks U.S. companies by sales. Companies are ranked by total revenues for their respective fiscal years. Included in the survey are companies that are incorporated and operate in the U.S. and file financial statements with a government agency. This year, a company had to post sales of $5.14 billion to make the list.
The complete “Fortune 500” listing is in the magazine’s June 15 issue and on its website, www.fortune.com.
Goodyear is one of the world's largest tire companies. It employs approximately 66,000 people and manufactures its products in 48 facilities in 21 countries around the world. Its two Innovation Centers in Akron, Ohio and Colmar-Berg, Luxembourg strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate.