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Sumitomo Rubber says it will close its western New York tire manufacturing plant and eliminate all 1,550 union and salaried jobs TONAWANDA, N.Y. -- Sumitomo Rubber announced Thursday it will close ...

There’s no other way to say it: The shutdown of the Sumitomo tire factory in the Town of Tonawanda hurts. It really hurts. It’s an economic blow that will cost 1,550 people their jobs.

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

Archer Aviation said on Thursday a joint venture between Japan Airlines and Sumitomo Corp had secured the right to place orders for up to 100 of its electric air-taxis worth $500 million.

A Dec. 3 job fair for displaced Sumitomo Rubber USA workers is moving to a larger venue. The job fair will now be held 10 a.m. to 2 p.m. at the Lincoln Park Athletic Complex, 1200 Parker Blvd.

BUFFALO, N.Y. (WIVB) — Sumitomo Rubber on Thursday announced via its website that it will be closing the facility in Tonawanda. The plant previously manufactured tires for cars, trucks ...