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New York factory that makes Dunlop tires shuttered by Japanese owner

The Japanese company that owns tire maker Dunlop has closed its 100-year-old New York factory and laid off 1,500 employees as it moves manufacturing overseas. Sumitomo Corporation, a Tokyo-based conglomerate with a market capitalization of more than $25 billion, closed its Dunlop factory in Tonawanda, near Buffalo, on Nov. 7. The closure is the latest […]