Reading: US Tyres Boss Talks Manufacturing at the White House

By Denna Bowman

A top tyres company boss joined US business heavyweights at a White House meeting this week to discuss the state of the marketing sector.

Bob Keegan, chairman and CEO of Goodyear tyres, joined other executives from companies including Proctor and Gamble and Harley Davidson, to discuss the economy.

Following the meeting the Obama administration announced plans to extend tax breaks for clean energy investment by $5bn, hoping to simultaneously create jobs and increase the use of renewable energy, according to a report in the Financial Times.

The proposal, which has to be approved by Congress, would allow new or expanded manufacturers of technology such as solar panels and wind turbines to receive a 30 per cent tax credit.

Vice President Joe Biden said: “We have to jumpstart growth in green manufacturing – and part of that is encouraging companies to build the components of green technology right here on American soil.”

This entry was posted on Friday, December 18th, 2009 at 6:13 am and is filed under Goodyear, News. You can follow any responses to this entry through the RSS 2.0 feed.