Goodyear to pour $1.3bn into pensions

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US - Tyre company Goodyear plans to make $1.3bn in pension contributions through 2013, more than halving its pension liabilities, the firm said.

Goodyear plans to contribute $275m in 2011, $550m in 2012 and $575m in 2013. As a result, the pension obligation will drop to $1.2bn by 2013. Pension contributions will drop to $100m per year by...

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