Akron and Summit County officials say Goodyear Tire & Rubber Co. won't build its new $500 million plant in Ohio.
Officials received a letter Tuesday from the Akron-based tire company, explaining that Ohio will no longer be considered for the new factory, which will serve Goodyear's North American and Latin American businesses.
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Despite efforts by Akron officials and local union leaders to persuade Goodyear to build its plant where the company was founded, Goodyear said in the letter that a review of logistics, labor costs and access to a deep-sea port led to the decision.
The company announced plans in May for the state-of-the-art factory, which will make about six million tires annually.
Goodyear says it expects to make a final decision on the factory's location in early 2015.