Renault Mégane R.S. Trophy to wear Bridgestone tyres
Bridgestone has been named the exclusive supplier for the new Renault Mégane R.S. Trophy, and will supply custom-tuned versions of its Potenza S001 and Potenza S007 as original equipment fitments.
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Michelin names Frankfurt its new ‘Europe North’ hometown
From May 2019, the Michelin Europe North regional operation will find itself at home in new offices in Frankfurt am Main, Germany. Its new 6,200 square metre premises is located within ‘The Squaire’, the spacecraft-shaped office building that sits above the intercity railway station at Frankfurt Airport, and can accommodate more than 300 people.
Michelin: Dundee closure to cost £180 million through to 2021
Michelin calculates that closing its tyre factory in Dundee will cost the company £240 million until the end of 2021, however it expects to partially offset this cost with £60 million of savings during this period and then make annual savings of £40 million thereafter.
SRI publishes natural rubber policy
As a founding member of the recently-launched Global Platform for Sustainable Natural Rubber (GPSNR), Sumitomo Rubber Industries, Ltd. has turned its attention to the human and environmental issues related to the growth, harvesting and use of natural rubber. Its position has now been set out in the company’s ‘Sustainable Natural Rubber Policy.’
Interested parties vie to acquire Indonesian tyre maker Multistrada
Quoting sources from the “investment banking industry,” BusinessKorea reports that “a number of global tyre companies” have shown interest in acquiring Indonesia’s second-largest tyre maker, PT Multistrada Arah Sarana Tbk. The publication names Hankook Tire and Michelin as two of the interested parties.
Cooper Tire opens ‘central’ US warehouse
The million square foot (92,900 square metre), centrally-located warehouse that Cooper Tire & Rubber Company erected near three of its factories in the USA is now in operation. The new warehouse in Byhalia, Mississippi employs approximately 100 people and is Cooper’s largest distribution centre nationwide.
Bridgestone places focus on traction, working life with VX-Tractor
When Tyrepress.com first saw the Bridgestone VX-Tractor tyre at Agritechnica 2017, the very first of these tyres ever made was on display – and was so new it was still warm to touch upon arrival at the exhibition hall. A year later, and the range is now on the market, targeted at users looking for longer on-road wear life and the ability to carry larger loads.
Prinx Chengshan goes public ahead of expansion drive
With the striking of a ceremonial gong, Prinx Chengshan (Cayman) Holding Limited went live on the Hong Kong Stock Exchange at precisely 9:30am on 9 October. The tyre maker’s listing last month followed nearly a year of preparations and represents an important step in a growth and internationalisation strategy that also includes producing in Southeast Asia and making greater inroads into European and North American markets.
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Protyre launches Protech Academy
This week saw the launch of the new Protech Academy, a vocational programme set up by Micheldever Group retail outfit Protyre to qualify young automotive enthusiasts for a career in the industry and to offer current Protyre employees the chance to learn the skills needed to further their careers.
Hankook extends USA motorsport engagements
Hankook Tire has been named exclusive tyre supplier for two race series in the USA, the F4 United States Championship and the new F3 Americas Championship, and has announced its return as official sponsor for the 24H Circuit of the Americas (COTA) race in Texas.
Leadership team, private equity firm acquire Coker Group
US-based vintage and classic tyre manufacturer the Coker Group has new owners. Four years after the death of company founder Harold Coker, the Coker family has sold the business to Wade Kawasaki, the company’s president and chief executive officer, and the current Coker Group leadership team in partnership with private equity firm Irving Place Capital.
Bridgestone expanding truck/bus tyre capacity at Warren County, USA plant
Production capacity for truck and bus radials at Bridgestone’s Warren County factory in Tennessee, USA will increase as part of a three-year, US$40 million investment to “meet market demand and address emerging customer needs.” Bridgestone Americas says it will break ground on expansion work at the 28-year old plant before the end of this year.
Ronal bringing golden anniversary rim to Essen show
In 2019, the Ronal Group celebrates its 50th anniversary – and to mark the occasion, it is releasing an anniversary wheel. The Ronal R50 Aero will be presented, resplendent in racing gold-rim lip diamond cut, at the Essen Motor Show in December. The Ronal R50 Aero is a closed design with turbine-like spokes for cooling the brakes. The anniversary rim will be available in 7.5×16-inch and 8.0×18-inch sizes.
Cooper Tire & Rubber appoints new CFO
Christopher J. Eperjesy is joining Cooper Tire & Rubber Company as its chief financial officer and senior-vice president, effective 10 December. He will succeed Ginger Jones, whose intention to retire was announced earlier in the year.
Interpneu named exclusive Yokohama truck, OTR tyre distributor for Germany
With the signing of a three-year contract, Interpneu has taken on exclusive distribution of Yokohama truck/bus and OTR tyres in Germany. This arrangement takes effect in 2019 and is a further step in an established partnership between the Pneuhage Group wholesale business and Yokohama.
