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You are here: Home1 / NAFTA

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Pirelli supporting ‘High Value’ strategy in Latam with major investment

Company News, International News

More than 250 million euros will be invested into Pirelli’s business in Latin America over the next three years in order to reinforce its ‘High Value’ strategy within the consumer tyre segment. The investment plan was announced by Marco Tronchetti Provera, executive vice-chairman and chief executive officer of Pirelli, during his visit to the company’s […]

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Related news:

  1. Pirelli appoints Paolo Ferrari NAFTA region chairman, CEO
  2. Paolo Ferrari appointed Pirelli Latam CEO
  3. 50% production capacity boost for Pirelli’s tyre plant in Romania
  4. Pirelli, Rostec investing 100 million euros to double Voronezh plant capacity
23rd March 2018/by Stephen

Pirelli name Marco Crola as NAFTA CEO

Career Tracks, UK News

Pirelli has chosen Marco Crola as its new CEO for the NAFTA region, effective immediately. Crola joins the North American team from Pirelli’s Milan headquarters, where he has most recently served as senior vice president of Global Original Equipment and Prestige Business. As CEO of NAFTA, Crola will be responsible for the car and motorcycle businesses, as well as manufacturing facilities in Rome, Georgia, USA, and Silao, Guanajuato, Mexico. This follows the departure of Pierluigi Dinelli who left the company to pursue personal interests.

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Related news:

  1. Pirelli wins BMW Supplier Innovation Award
  2. Pierluigi Dinelli Pirelli NAFTA CEO
  3. Pirelli, MWSD enter preferred supplier agreement for full CV wheel assemblies
  4. Pirelli set on premium and prestige sector leadership
28th February 2018/by Chris

Mexico: Pirelli to build second tyre factory

Company News, International News, Premium

Pirelli has announced a US$200 million investment in Mexico to establish a second factory near its existing passenger car tyre plant in Silao, Guanajuato state. The project to build the facility was announced during yesterday’s visit by Italian Prime Minster, Matteo Renzi, to Palacio Nacional in Mexico City, where he met with President of Mexico, Pena Nieto.

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Related news:

  1. Rosneft buys 13 per cent of Pirelli
  2. Pirelli shareholding to be controlled by ChemChina
  3. ChemChina Pirelli buy-out underway
  4. Official opening for Hankook’s US tyre plant
21st April 2016/by Tyrepress Editors

Brembo to invest €32 million in Mexico caliper plant

International News

Leading Italian brake brand, Brembo, has announced plans to invest 32 million euros in an aluminium brake caliper manufacturing facility in Escobedo, Nuevo Leon, just outside of Monterrey, Mexico. According to the company, the plant will include a new aluminium foundry and machining facility capable of producing two million calipers per year destined for the company’s customers in the NAFTA region. The foundry will have a melting capacity of 14,000 tons. The facility will cover 31,500 square metres and when fully operational is expected to generate an annual turnover of 100 million euros. The plant is expected to commence initial production in 2016 and be fully operational by the end of 2018.

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Related news:

  1. Tyre cord firm Kiswire continues US plant expansion
  2. Andrew Page gets further growth funding
  3. Klarius increases UK manufacturing capacity
  4. Will new battery production capacity replace car production in the UK?
2nd December 2014/by Tyrepress Editors

Pierluigi Dinelli Pirelli NAFTA CEO

Career Tracks, International News

Pirelli has appointed Pierluigi Dinelli as chairman and CEO of Pirelli’s NAFTA region as of January 2015. Dinelli joins the NAFTA team from Pirelli’s headquarters in Italy, where he has held the role of CEO for Pirelli Italia. He brings international experience to the position having held senior positions at Brembo as chief marketing officer and former marketing director at Pirelli’s NAFTA headquarters in Rome, Georgia.

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Related news:

  1. Pirelli appoints Paolo Ferrari NAFTA region chairman, CEO
  2. Paolo Ferrari appointed Pirelli Latam CEO
  3. Linglong appoints ex-Pirelli, ex-Kumho exec to US role
  4. Alex Vitale appointed CEO of TP Commercial Solutions in the US
25th November 2014/by Tyrepress Editors

Paolo Ferrari appointed Pirelli Latam CEO

Career Tracks, Company News, International News

Chairman and CEO of Pirelli’s NAFTA region, Paolo Ferrari will move on to the position of CEO, Pirelli Latin America region effective 1 January 2015. In the last three years, the NAFTA team led by Ferrari have scaled up Pirelli’s presence in North America across all areas of the business including the expansion of the […]

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Related news:

  1. Pirelli supporting ‘High Value’ strategy in Latam with major investment
  2. Pierluigi Dinelli Pirelli NAFTA CEO
  3. Mexico: Pirelli to build second tyre factory
  4. Yokohama Prometeon bid nearing completion, Aeolus Tyres now involved
24th November 2014/by Tyrepress Editors

Hexpol buys compounding firm Kardoes Rubber

Company News, Product News

Hexpol has agreed to acquire well known US rubber compounding firm Kardoes Rubber Co. from company founder Frank Kardoes and his family for US$31.8 million. According to Hexpol, the acquisition price will be paid on a cash and debt free basis and is funded by a combination of cash and existing bank facilities. The acquisition price will be paid upon completion of the acquisition which is estimated to take place at the end of July. The business is expected to be consolidated from August 2014.

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Related news:

  1. Hexpol buys Berwin Group for £25 million
  2. SRI’s microscope analysis has potential for new breed of highly efficient tyres
  3. Hexpol buys Valley Processing for $44 million
  4. Berwin Industrial Polymers wins Queens Award for International Trade 2020
17th July 2014/by Tyrepress Editors

Conti appoints Matic Hydraulic Brake Systems head

News

Continental has appointed Matthias Matic as its new Hydraulic Brake Systems Business Unit head, part of the Continental Chassis & Safety Division, headquartered in Frankfurt am Main. Matic moves from his current position as Chassis Components Business Unit head on 1 September, succeeding Peter Laier who has assumed a position on the executive board of a German light manufacturer. “I’m looking forward to the new challenge. Hydraulic brake systems have proven their worth a million times over; they’re a key component of automotive safety. Friction brakes will continue to be an important topic for the foreseeable future”, said Matic.

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Related news:

  1. Conti Automotive names NAFTA communications director
  2. Conti Teves Wins Ford Contract
  3. Continental AG Appoints Kozyra to Executive Board
  4. Siemens Selling VDO Unit to Conti
22nd August 2013/12,345 Comments/by Tyrepress Editors

Tornel operation gives JK Tyre quarter profit a boost

International News

In its financial results for the March to June quarter – the first quarter of its current financial year – JK Tyre posted a net profit of Rs 540.4 million (£5.7 million), a year-on-year increase of 265.9 per cent. Quarter net sales came to Rs 18,669.4 (£196.0 million), 3.3 per cent higher than in the first quarter of 2012.

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Related news:

  1. JK Tyre to Increase Exports to Central, South America
  2. On a Roll
  3. JK Tyre Greenfield Plant to be Completed by 2012
  4. Material costs squeeze JK Tyre 2011 profits
15th August 2013/12,345 Comments/by Tyrepress Editors

Pirelli celebrates decade in North American headquarters

News

Pirelli Tire North America has celebrated its 10th anniversary as a resident of Rome, Georgia, and although some of the company’s business operations have moved to New York in recent years, the facility still serves as the company’s manufacturing base, one of five global R&D centres and as headquarters for Pirelli’s NAFTA Region.

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Related news:

  1. Pirelli Adds Mixing Room to Rome, Georgia Operation
  2. Mannino Leaves PTNA
  3. Former PTNA Boss Mannino Announces New Venture
  4. Additional investment for Bridgestone Americas agricultural plant
16th August 2012/by Tyrepress Editors

Pirelli appoints Paolo Ferrari NAFTA region chairman, CEO

Company News, International News

Pirelli has appointed Paolo Ferrari as chairman and chief executive officer of Pirelli’s NAFTA region. He will be tasked with driving the group’s growth and further strengthening its commitment to its US, Canadian and Mexican operations, according to a Pirelli statement. Matteo Battaini will focus on the role of NAFTA region chief operations officer.

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Related news:

  1. Sales Appointments at Bandvulc Tyres
  2. Pirelli supporting ‘High Value’ strategy in Latam with major investment
  3. Pierluigi Dinelli Pirelli NAFTA CEO
  4. Toyo Taps Hagan to Head Sales
16th February 2012/by Tyrepress Editors

Conti Automotive names NAFTA communications director

News

Continental Automotive has appointed Brad Jackson director of communications for the NAFTA region. In his new position, Jackson will join the Marketing and Communications team and report to Kathryn Blackwell, vice-president marketing and communications NAFTA. He will be responsible for overseeing media relations within the region.

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Related news:

  1. Charity to Head Conti Americas Passenger & Light Truck Dealer Sales
  2. Fras-le North America hires two for light vehicle sales
  3. Conti appoints Matic Hydraulic Brake Systems head
  4. Des Collins to lead Conti’s new public liaison office
26th July 2011/by Tyrepress Editors

Pirelli Estimates Continued Global Market Growth

Company News

Information supplied by Pirelli indicates continued year-on-year growth in European OE and replacement sectors for both passenger car and commercial vehicle tyres. During May 2010 the OE and replacement passenger markets in Europe grew nine and 14 per cent respectively, the tyre maker estimates, bringing year-to-date growth to 28 and 11 per cent. For the commercial vehicle market, Pirelli estimates a respective year-on-year growth for the OE and replacement segments of 72 per cent and 16 per cent. Year-to-date, the European OE truck tyre market has grown 13 per cent and the replacement market 33 per cent.

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Related news:

  1. A growing manufacturer in a growing market – Pirelli's truck business
  2. Pirelli Raises Tyre Prices
  3. Sales, Profits up at Toyo in Q1, 2010
  4. Apollo to ‘feed’ Asian market in preparation for new plant
16th June 2010/by Tyrepress Editors

Conti Teves NA President & CEO Kozyra Resigns

Career Tracks

The president and CEO of Continental Teves North America, William L. Kozyra, has elected to leave the company as of June 1, 2008. Mr. Kozyra’s request to terminate his contract and appointment to the company’s Executive Board early was accepted during a meeting of the Continental AG Supervisory Board on May 29. In a statement Continental says Mr. Kozyra will, following his resignation, “take up a new challenge in another company.”

William Kozyra had been deputy member of the company’s Executive Board for the NAFTA region since February 2006. Amongst other roles, Kozyra was responsible for the integration of the Motorola Automotive activities into Continental. The Supervisory Board of Continental has expressed its thanks to Mr. Kozyra for all the work he has done during his ten years as president and CEO of Continental Teves North America and has wished him every success in his new assignment.

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Related news:

  1. Continental AG Appoints Kozyra to Executive Board
  2. Conti appoints Matic Hydraulic Brake Systems head
  3. Conti CEO: Company Planning to Keep Tyre Unit
  4. Analyst: Conti May Buy Schaeffler Assets, Float Rubber Group
30th May 2008/by Tyrepress Editors

Conti Breaks Ground on New Central America Components Plant

Product News

As of late 2008 Continental will begin sourcing engine and transmission control units for customers in the NAFTA region from a new facility in Costa Rica. On October 17 a groundbreaking ceremony was held for the new plant, situated near the capital San José. In attendance were Henner Cnyrim, head of electronics plants Continental Division Automotive Systems, Dr. Sami Krimi, future head of the Costa Rican plant and Mayoress of Alajuela Joyce Zurcher. A reception was then held by the President of Costa Rica, Oscar Arias Sánchez, and Minister of the Presidency, Rodrigo Arias Sánchez, along with customer representatives.

The US$61.5 million Conti invests in the facility will give them 16,000 square metres of production and office space that will house 350 employees, and the new plant will specifically manufacture control units and transmission systems for passenger cars built in the NAFTA region. By 2011 the company plans to expand the workforce to 550 and to increase the size of the plant.

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Related news:

  1. Continental Results Show 21.4 per cent Growth
  2. Conti Opens Second Facility in Calamba, Philippines
  3. Conti’s nine-month sales hit by currency effects
  4. Continental Expects $122.7 million Loss in US
18th October 2007/by Tyrepress Editors
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