Tire maker Goodyear to invest C$575 million to upgrade Canada plant
OTTAWA, Aug 12 (Reuters) -The Canadian unit of Goodyear Tire & Rubber Co GT.O will invest over C$575 million ($418.4 million) to upgrade its plant in Napanee, Ontario, the provincial government said on Monday.
The project to modernize and expand the plant will create 200 new jobs by 2027 and secure 1,000 jobs in Napanee, Ontario Premier Doug Ford's office said in a statement.
($1 = 1.3742 Canadian dollars)
Reporting by Ismail Shakil in Ottawa; Editing by Promit Mukherjee
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