NENAB pit jacks, from Beissbarth, have been a worldwide name in the car and commercial pit jack market for many years. Known for reliability they are approved by the best of worldwide commercial vehicle manufacturers Scania and Volvo.
NENAB pit jacks give a long term service solution for raising vehicles in the most hostile environments in commercial workshops.
It appears likely that Goodyear will soon confirm its continued presence in Akron, Ohio with the anticipated signing of a deal to construct a new global headquarters in the city said to be close. The official announcement of Goodyear’s intentions will end several months of speculation as to whether the tyre major will replace its 80 year old premises with another headquarters in Akron or bid its traditional hometown farewell.
During the past few months government and business officials from the town and the state of Ohio have offered Goodyear a host of measures to make remaining in Akron an attractive an option as possible, and while the company has not commented on exactly what has been promised, a company spokesman, Scott Baughman, was quoted in the Akron Beacon Journal as saying Goodyear was “pleased with the progress that has been made with all of the groups involved.”
According to a report published in South Korea’s The Korea Times newspaper, the Korea Occupational Safety & Health Agency reported on November 28 that the deaths of 15 workers at a tyre manufacturing facility in the South Korean city of Daejeon between May 2006 and October 2007 are seen to be a “collective outbreak.” This means, adds the paper, that a possible work related connection is seen between the deaths, as all occurred within a short time to employees working in the same area.
Bridgestone Corporation announced on November 28 that its Board of Directors has approved the following proposals of the changes in Member of the Board and in Corporate Officers. The following board member will undergo changes in position and responsibilities, effective January 1, 2008.
– Toru TSUDA
New position and responsibilities: Vice president and senior officer responsible for products development, tyre products development, tyre research and material development.
Current position and responsibilities: Vice president and senior officer responsible for products development, tyre products development.
(Tire Review) Other MEMA board officers include Vice chairman – Terry R. McCormack, president and director, Affinia Group; Vice chairman – James S. McElya, CEO, president and director, Cooper Standard Automotive; and Treasurer – Eugene E. Ezzell, chairman and CEO, Mikronite Automotive Technologies. Al Stecklein, group president, worldwide aftermarket division, Gates Corp., will remain on the board as immediate past chairman.
New members of the board are Terry Keating, CEO and chairman, Accuride Corp.; Gordon Ulsh, president, CEO and director, Exide Technologies; and Dennis Welvaert, president, global automotive aftermarket, Dayco Products.
With only a week to go before Automechanika Shanghai gets under way, more than 1,200 exhibitors from 23 countries & regions are confirmed for the show being held at the Shanghai New International Expo Centre. National pavilions from Germany, Italy, Korea and Taiwan will also be a feature of this year’s exhibition. In line with the profile of the global Automechanika brand, products on display at Automechanika Shanghai will include vehicle components, accessories and equipment for automotive repair and maintenance. The full spectrum of the OE and aftermarket will be represented, from budget to high-end offerings.
Alongside the exhibition is a comprehensive programme of special events, including the Automechanika Academy on December 5 – a series of eight lectures by leading auto industry professionals and academics from Chinese universities. All sessions will be conducted in both English and Chinese, and are open free-of-charge to all fair attendees.
Hankook Tire America is increasing prices by as much as five per cent on its passenger, high performance and light truck tyre ranges, effective as of January 1, 2008. The exact amount of the increase will vary according to product line and/or size. Hankook cites rising raw material costs plus higher costs in transportation and general operating expenses as the key reasons for the increase.
Scottish prawn fisherman has been named as the first prize draw winner of the TyreSafe Tyre Safety Month competition for a £200 Apple iPod mp3 player. Over 6,000 members of the public logged on to the TyreSafe website during the campaign to check their tyre pressures and enter the competition. Campbell Murray, from Moray Firth, was the lucky winner independently drawn at the BTMA (British Tyre Manufacturers Association) offices in London last week. “What a lovely surprise”, said Campbell, ”I do not normally enter competitions, but now I am hooked!”
The TyreSafe Tyre Safety Month in October was, according to the organisation, one of the most successful campaigns organised by the tyre industry, being read by over 12 million consumers and motorists in the UK.
Kocchi’s Technologies, Inc. has released a generation of TPMS (Tyre Pressure Monitoring System) products geared toward Commercial Trucks, Utility Vehicles, RVs and Trailers. According to the company, Kocchi’s new TPMS product is one of the most advanced commercial TPMS available today. The system is said to feature high level stability and accurate measuring, giving information about tyres’ high/low pressure, air leakage; or temperature. The tyre air pressure sensor (cap) screws onto the valve stem replacing the dust cap. The monitor can easily be mounted on the dashboard, or in any convenient location, by using the provided velcro pads.
The organisers of the first Reifen China exhibition have published visitor attendance and exhibitor numbers from the inaugural “Asian Essen Show.” A total of 5812 visitors from 41 countries passed through the show between 14 and 16 November. Of these, 16 per cent were described as overseas visitors. 88 exhibitors from 13 nations took stands in Shanghai, with the vast majority (68 per cent) directly from the tyre, casing and tube business. 16 per cent of exhibits represented press, publishing and associations; while 4 per cent originated from the equipment and vulcanisation sectors.
Continental AG reported on November 29 that it has received approval from the EU Commission for the unconditional acquisition of Siemens VDO Automotive AG. Antitrust authority approval had already been issued by the relevant national offices. This enables Continental to close the transaction in early December and transfer the purchase amount, €11.4 billion including tax benefits of around €1 billion, to Siemens AG. The integration of Siemens VDO into the Continental Corporation will begin immediately after closing.
(Tire Review) Company chairman Marco Tronchetti Provera confirmed that Pirelli SpA is in talks to repurchase a 39 per cent stake in its tyre unit. Tronchetti Provera made the statement in Shanghai on November 30, where Pirelli launched its 2008 Pirelli Calendar. Pirelli sold the 39 per cent stake in Pirelli Tyre to a group of banks in July 2006 for 740 million euros. The original plan was to take that share public with an IPO. “We are very confident that there will be an agreement,” Tronchetti Provera told media in Shanghai, but he added that negotiations could take months.
According to an article published in the German periodical Manager Magazin, of the 500 largest stock exchange listed companies in Europe, Nokian Tyres is the most productive company in the automotive sector. In its study, the magazine measured the economic success and productivity of Europe’s 500 largest listed companies, with the aim of showing which companies produce wealth for investors and which consume it.
Nokian came out on top in the automotive sector, ahead of Porsche at number two. The company’s nearest ranked direct competitor was Continental, in third place. The automotive sector was but one of 20 categories included in the report, and Nokian Tyres was placed 63rd across the board.
Exhibited at CITExpo with well-known distributor the Meir Group were products from the Shandong Yongsheng Rubber Co. This Qingdao based manufacturer has been in business for 21 years, originally producing bias tyres. However in 2003 the company invested in a new production facility for the manufacture of radial products. Known as the Shandong Santai Rubber Co., Ltd, this new factory possessed an initial capacity of 600,000 units per annum.
JK Tyres has become the latest Indian manufacturer to talk of boosting its outsourcing of production to Chinese manufacturers. An article printed in the Hindu Business Line reports that the company, who already has five or six Chinese partners producing tyres under the JK brand name, intends to increase its outsourcing activity there by around 10 per cent.
This measure is being taken in order to increase JK Tyre’s sales in Chinese and other overseas markets. “We are looking at strategic partners in South East Asia or China to serve the local market in those countries as well as overseas markets. Though the China business is miniscule currently, we are looking to expand it,” quoted the Hindu Business Line of JK Tyre vice chairman and managing director Raghupati Singhania.