WMG at the University of Warwick in Coventry and Canada’s University of Victoria are the joint recipients of the inaugural Synthos Rubber Circularity Award, an international competition launched earlier this year to encourage cutting-edge ideas and solutions that significantly improve the environmental performance of synthetic rubber-based tyre compounds. Announcing the winners, Synthos states that the researchers impressed with their “breakthrough technology research concept” but did not elaborate on their work.
Pre-Q Galgo Corporation celebrated 25 years in the US & Canada at a recent meeting at their corporate office in Dallas, Texas. Galgo began producing rubber products in August 1952 in Mexico City, Mexico.
Pirelli announced a voluntary recall in coordination with the Consumer Product Safety Commission (CPSC) on 7 September. 14,500 tyres covered by the recall have been sold in the USA, plus another 550 sold in Canada. Therefore, a total of 15,550 tyres are affected.
Canada’s largest locally owned tyre distributor has acquired the country’s largest manufacturer and distributor of alloy and steel wheels and accessories. With its purchase of Fastco Canada, Groupe Touchette Inc., views itself as positioned to “significantly expand” its service offering and is confident the transaction will provide Fastco Canada with “greater access to new markets.” The tyre wholesaler also speaks of “strong synergies in product offering.”
Iori Suzuki will retire as chairman, president and chief executive officer of Toyo Tire Holdings of Americas Inc. (TTHA) on 31 July 2023, and two will fill the roles he vacates the following day. Tatsuo Mitsuhata is to become chairman and chief executive officer of TTHA, and Nobuo Yoshida has been named the business’s president and chief operating officer.
Wholesaler American Tire Distributors, Inc. (ATD) has published its third annual sustainability report. Titled Catalysts for Change, the report describes ATD’s achievements and progress in 2022 against the goals outlined in the inaugural 2020 report.
Following the news that the Canadian Federal Government and Volkswagen have agreed to invest more than $14.8bn for the construction of a battery gigafactory in Ontario, Lucy Tripathi, automotive senior analyst at GlobalData, ocomments: “Volkswagen is the second largest automaker in the world and the battery cell business is one of its new auto strategies, which will help the company in becoming a leader in low-carbon or zero-carbon emission mobility. The goal of Volkswagen is to have 80 per cent of its vehicles to be electric by 2030.
Michelin is recalling more than half a million all-season light truck tyres in the USA and Canada as they carry the 3PMSF symbol on the sidewall but do not comply with related local legislation. The voluntary recall affects up to 542,110 aftermarket Michelin Agilis CrossClimate C-Metric tyres produced in France and Poland.
Rob Williams is heading Hankook Tire’s business in North America as the new President of Hankook Tire America Corp. His colleague Jong Jin (JJ) Park has been promoted to the role of Vice-President of USA PC/LT Sales, while Intae (Ted) Choi has become Vice President of North American Marketing Strategy, and Byoungjoe (Joe) Park has been named Vice President of Corporate Management.
This month, Hercules Tire and Rubber Company celebrates its 70th anniversary. Established as a cooperative by independent tyre dealers and retreaders seeking quality products at an affordable price, the company has grown into a value segment leader that today offers a comprehensive selection of tyres under its Hercules, Ironman and Dynatrac brands.
On 7 September, American Tire Distributors (ATD) announced the completion of its Canadian subsidiary’s sale to Groupe Touchette, Canada’s largest locally-owned tyre distributor. By divesting the National Tire Distributors (NTD) business, the wholesaler says it is now “better positioned to serve its customers across the US” and to “invest in the enhanced innovation that is driving its transformation efforts.”
Canadian tyre distributor Groupe Touchette Inc. has entered into a definitive agreement to acquire National Tire Distributors (NTD), the Canadian subsidiary of American Tire Distributors (ATD). The transaction is expected to close in the fourth quarter of 2022, subject to the satisfaction of customary closing conditions. Groupe Touchette says the addition of NTD will “significantly contribute” to its ability to serve customers and business partners while increasing the choices it can offer customers.
Canadian Tire Corporation (CTC) announced it will temporarily pause its Helly Hansen operations in Russia, which include its retail stores, eCommerce site and product shipments in a 4 March 2022 statement, which said: “The conflict between Russia and Ukraine is tragic and deeply concerning and CTC’s priority will continue to be protecting the safety and well-being of its employees. During this temporary pause in operations, store employees will continue to be paid and supported and the company will continue to honour its commercial obligations.”
Titan International, Inc. has entered into an exclusivity agreement with Kubota Tractor Corporation and Kubota Canada Limited, the Japanese agricultural machinery company’s businesses in North America. The agreement will see Titan Trac Loader II tyres fitted in selected sizes on Kubota products. These tyres will be branded with both the Titan and Kubota names on the sidewall.