Ohio Makes $68 Million Pitch to Keep BFNAT R&D - Tire Review Magazine

Ohio Makes $68 Million Pitch to Keep BFNAT R&D

City, state and county officials made their pitch to Bridgestone/Firestone North American Tire to keep its R&D operations in Akron.

According to reports, the governments offered a $68 million direct and indirect incentive package.

According to reports, the deal includes the county owning a new technical center building and leasing it back to BFNAT at “favorable rates.”

Reports said the Ohio deal includes a new center near the current facilities, with the city of Akron buying one of the existing technical center buildings from BFNAT as part of a redevelopment project.

BFNAT is looking to move its technical center operations out of the nearly century old former Firestone Tire & Rubber Co. headquarters building in Akron and into a new state-of-the-art facility in either Akron or closer to BFNAT’s headquarters in Nashville. (Tire Review/Akron)

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