Crypton 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.
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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.
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.
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.
Bridgestone has become the first tyre manufacturer to actively support Suzuki’s apprentice technician training programme.
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.
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.”
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.
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.
Firestone Industrial Products (FSIP), a business unit of BFS Diversified Products, LLC (BFDP), has announced that it will build a new manufacturing facility in Wolsztyn, Poland. The company’s recently formed Polish subsidiary, Firestone Industrial Products Poland, will produce air springs to support European demand from consumer and commercial vehicle original equipment manufacturers.
Goodyear Dunlop Tyres UK will pursue a formal planning application with Wolverhampton City Council for the development of the 90 acre Stafford Road site.
Goodyear Tire & Rubber Company has completed its previously announced acquisition of the remainder of Sava Tires, a tyre manufacturing company in Kranj, Slovenia.
Following what the company have called “robust overseas demand” Toyo has announced that its new tyre plant will be situated in Bartow County, Georgia in the USA. The site, situated outside the state capital, Atlanta, was chosen above other prospective locations mainly based in the south-eastern United States.
The new facility will use the company’s automated tyre manufacturing system, which enables it, according to Toyo, “to maintain a high standard of quality while realising the flexibility to produce small production runs of multiple lines if tyres.” A new subsidiary company, Toyo Tire North America Inc., will own and operate the manufacturing facility.
The tyre producers plan to spend a total of nearly $400 million on the plant. In the first phase the company will spend $146 million on the plant and hope to begin production in 2006. Initially 350 employees will run the plant. In the second phase the company will invest $127 million and will create 300 more jobs. The third phase will include a further $119 million of investment and will see the work force expand to around 900. When finished, the site will have a total floor area of 96,000 square metres. Toyo estimates that the factory will produce two million passenger and light truck tyres a year. The site in Bartow County will also include a 40,000 square metre warehouse that will service the south-eastern states.
Alcoa (NYSE:AA) announced that effective immediately Kevin B. Kramer, 44, has joined the company as president of Alcoa Cast Auto Wheels. He is responsible for the development and growth of Alcoa’s cast auto wheel business worldwide. Alcoa currently produces cast aluminium auto wheels at plants in the U.S., Canada, Venezuela and Italy. Alcoa’s cast auto wheels are found on numerous automobiles and light trucks worldwide. Kramer will be located at the Alcoa Automotive, Aerospace and Commercial Transportation office in Cleveland, Ohio.
Richard J. Kramer, senior vice president, strategic planning & restructuring for The Goodyear Tire & Rubber Company, has been named executive vice president and chief financial officer effective June 1. Kramer (40) replaces Robert W. Tieken, who will retire on May 31. Tieken (65) has been Goodyear’s CFO since May 1994.
New EU directives on vehicles are likely to add 5,000 Euros (3,340 GBP) to the price of an average car. Speaking at the Birmingham Motor Show, Roger Puttnam chairman of Ford in Britain, warned that manufacturing margins were already thin and that mounting regulatory costs would have to be passed on to the consumers. Puttnam singled out new rules on vehicle recycling, the control of chemicals and safety, all of which are to be implemented by 2008.
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