Goodyear Tire & Rubber spent $560,000 lobbying federal government in 2nd quarter

Goodyear spends $560,000 lobbying government in 2Q

NEW YORK — Goodyear Tire & Rubber Co. spent $560,000 lobbying the federal government in the second quarter on defense spending, pension funding and a proposed new headquarters in its home city of Akron, Ohio, among other issues, according to a disclosure statement.

That’s down from the $860,000 it spent lobbying the government in the first quarter. But it’s an increase from the $460,000 it spent lobbying in the same quarter last year.

The company said it lobbied both houses of Congress on an appropriations request for development of fuel-efficient military tires, as well as a request for development of jet fighter aircraft tires.

In addition, Goodyear lobbied Congress and the Treasury Department on pension funding requirements for retirees, automotive safety legislation and extending a suspension on tariffs for tire-making machinery.

Goodyear also lobbied the federal government on its new proposed headquarters in Akron, called the Riverwalk project.

Shares of Goodyear rose 37 cents Friday to close at $11.16.

(This corrects stock quote in last paragraph.)