Goodyear to Invest $50 Million in Colombian Plant
Goodyear Tire & Rubber Company has announced that it will invest $50 million (£27 million) in plans to expand its facility in Cali, Colombia. The plans will see the plant produce radial medium truck tyres in addition to its existing output. This signifies Goodyear’s commitment to the growth of Colombian exports in certain Latin American countries, according to Eduardo Fortunato, president of Goodyear’s Latin America region.
Continue ReadingCrypton Buy Tractor Charger
Crypton Technology Group has bought Traction Charger Company Ltd. The acquisition will see the group’s product portfolio expand to include battery charging equipment, says sales and marketing director, Walt Koloska.
Continue ReadingEberspächer Cooperate with Calsonickansei
German exhaust specialists, Eberspächer, and Japanese automotive component supplier, Calsonickansei, are to “intensify their collaboration” by setting up a marketing joint venture in Paris. The company will operate under the name of ACE Alliance CalsonicKansei Eberspächer S.A.S.
Continue ReadingBridgestone Resumes Rubber Rolling Ahead of Schedule
Bridgestone has resumed rubber-rolling operations at its Tochigi refining facility two months ahead of schedule. Production was suspended after the building was destroyed by fire in September 2003.
Continue ReadingTRIB Appoints Associate Director
The Tire Retread Information Bureau (TRIB) has announced David Kolman as its new associate director. Based in California, the TRIB is associated with the recycling of tyres through repair and retreading. Mr Kolman will operate from Baltimore, giving the bureau its first office on the East Coast and adding to its existing group of over 400 members in 28 countries worldwide.
Continue ReadingRuedatec Joins Bandag Dealership
Ruedatec has officially joined the European network of Bandag dealers. Its new retreading shop and administrative building have now been formally inaugurated in the presence of Bandag’s Peter De Cabooter, sales director for Europe, Middle East and Africa (EMEA) and Danny Van Essche, EMEA marketing director.
Continue ReadingExide is Charged Up for British Speedway Championship
Exide Technologies is supporting the Championship of Great Britain, which is set to take place this Friday, 9 July, at Oxford Stadium. The British speedway event will feature former world champions Mark Loram and Gary Haverlock who will be challenged by rising contenders Scott Nicholls, Lee Richardson and Joe Screen. For Exide, the sponsorship deal re-establishes its links with the sport, as it was previously a supporter of the Coventry Bees team in the 1990s. “Exide is delighted to sponsor the Championship of Great Britain which represents an excellent opportunity to promote Exide and its brands. The company is proud to renew its special relationship with speedway and lend its support to a prestigious event,” commented Craig Everett, Exide Technnologies’ UK marketing manager.
Continue ReadingMajor Tyre Producers Promote London Grand Prix
Formula 1 tyre producers, Bridgestone and Michelin, provided the all important tyres for an event promoting the possibility of a London Grand Prix. The companies were part of a convoy that drove into London under Police escort on Monday night. Something like this takes a minimum of 18 months planning, so youre most probably talking two years away. London mayor, Ken Livingstone told the BBC. One suggested race route would centre on Hyde Park Corner and Park Lane and would involve cornering that would stretch the F1 tyre compounds to the limit. Williams driver Juan Pablo Montoya lent his support saying: Ive raced in a lot of street circuits in America and they test the teams and drivers more. To bring Formula One to people would be a really good thing. Former world champion, Nigel Mansell and future hope Jenson Button also supported the proposed London Grand Prix.
Continue ReadingSteel and Rubber Price Increases Hit Industry
Rubber and Steel price increases are making a negative impact on businesses across Europe, according to analysts. In the last six months businesses have seen steel prices nearly double from $350 a ton in January to more than $617 a ton in June. This rapid growth is widely acknowledged to have been cause by high levels of demand for raw materials from the Chinese market.
Continue ReadingBandvulc’s Knights Achieve Record Production
Bandvulc Tyres’ has announced an all time high in its sales volumes, following its achievement of record production levels at its Ivybridge factory. The company believes that the increase in performance is all thanks to the £1 million investment, which refurbished the company’s facility with a ‘Camelot’ theme, earlier this year.
Continue ReadingDunlop Announce Race Academy Qualifiers
After launching its Race Academy competition in April, Dunlop has announced that it has selected seven qualifiers. The successful qualifiers will now be put through their paces in the semi-final held at Bruntingthorpe Proving Ground. Prospective drivers will have be interviewed, have their fitness tested and will have to pass precision driving and on track assessments. Only three drivers will make it through to the final which will be held at Silverstone on 17 August. The winner will compete at Brands Hatch in the Dunlop Drivers Cup, a one make race where all competitors race Ginetta G20 sports cars.
Continue ReadingBridgestone Supports Suzuki Training Scheme
Bridgestone has become the first tyre manufacturer to actively support Suzuki’s apprentice technician training programme.
Continue ReadingTitan Wheel Corporation Employees see Record Summer Bonus
Employees of Titan Wheel Corporation of Illinois, a subsidiary of Titan International, Inc., will receive a record summer bonus. The supplier of mounted wheels and tyre systems will pay out an average of approximately $2,500 per employee. A bonus of $2.20 per hour versus the previous record of $1.45 per hour paid in 1998. Titan president and CEO Maurice Taylor Jr, stated: I would like to congratulate all the Quincy employees - there is not a better team anywhere. Every night the talking heads on TV say that manufacturing is dead in the US, but the Quincy Titan employees have proven that hard work can build a successful company.
Continue ReadingUK Automotive Industry Ask for Level Playing on Emissions Trading
The UK automotive industry wants a level standard across Europe for emissions trading, the House of Lords European Union Select Committee heard last week. SMMT representatives presented evidence to the Committee, explaining that many UK plants have already fitted advanced emission control kits and work to a higher standard than some of their continental counterparts. A further concern of the motor manufacturers society was that in some countries, automotive plants seem to be able to avoid the need to trade emissions altogether.
Continue ReadingToyo Receive Manufacturer of the Year Award
Toyo Tire & Rubber Co., Ltd., has announced that Toyo Tire Corp, a US tyre marketing subsidiary of Toyo Tire & Rubber Co., Ltd has been honoured with Manufacturer of the Year Award at the International Auto Salon in Atlantic City, New Jersey. Toyo Tire Corp is the first company in the tyre industry to receive the award. The Sport Compact Council of host organisation, SEMA, presented the award. The Manufacturer of the Year Award is presented to one automotive parts maker each year and is awarded to the manufacturer that has made the most significant impact in the sport compact field.
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