NY factory that makes Dunlop tires shuttered, 1,500 workers fired as Japanese owner moves manufacturing overseas
The Japanese company that owns tire maker Dunlop shuttered a century-old New York factory — and fired 1,500 workers — as it moved manufacturing overseas. Sumitomo Corp, the Tokyo-based conglomerate that boasts a market capitalization of more than $25 billion, closed down the Dunlop plant located in Tonawanda, near Buffalo, on Nov. 7. The closure … Read more