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Monday, July 12, 2010

Goodyear get financing for projects



The city council voted to put $11.1 million of the more than $18 million it received from the U.S. government toward Goodyear’s headquarters project—construction on which was initially scheduled to begin in 2008—and it may invest another $500,000 to help build a skyway connecting a parking deck to Bridgestone’s new technical center.

Construction site preparation is under way, but the credit crunch has made securing financing for the new headquarters a difficult task.

Meanwhile, Akron may also issue $500,000 in bonds in Bridgestone’s new technical center for the construction of a skyway connecting a parking deck to the facility.



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