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Goodyear Dunlop UK Announces Intention To Restructure

Goodyear Dunlop UK Limited has begun a consultation process with the unions and public authorities regarding the restructuring of its UK Sales Operations at Tyrefort, Birmingham. Andreas Niegsch, General Manager, said the move was necessary “to become a more flexible, dynamic and responsive organisation in a highly competitive marketplace.” He added that the restructuring would mean job losses, with up to 116 associates affected at Tyrefort and 100 in field operations. The consultation process is scheduled to run for 90 days.

22nd April 2003/by Tyrepress Editors

Brodsky Group Withdraws from Alliance

After lengthy negotiations The Harvey Brodsky Group has decided to withdraw its offer to purchase 51% of the stock of Alliance Tire, Israel.

4th February 2003/by Tyrepress Editors

Brodsky Bids For Alliance

Harvey Brodsky, best known for his involvement with Tire Retread Information Bureau (TRIB), has made a 50 million dollar bid to buy 51 per cent of Israel-based Alliance Tire Co. Alliance has issues a memorandum of understanding and the due diligence process is under way. At the conclusion of the due diligence period either party has the option to walk away from the proposal.

4th September 2002/by Tyrepress Editors

Alliance Between Cooper And Pirelli To Be Restructured

The three-year-old alliance between Cooper and Pirelli is to be restructured to improve competitiveness. Pirelli has said that it will resume responsibility for sales and service of the Pirelli brand in the US. Cooper will continue to manufacture selected Pirelli products in the US. The original agreement in February 1999 was for Cooper to manage the distribution and sales of passenger and light truck tyres in the replacement markets of the US, Canada and Mexico.

5th April 2002/by Tyrepress Editors

Alliance Between Honeywell And GT Petrochem

Leading polyester producer Honeywell Performance Fibers is forming an alliance with Indonesian tyre cord manufacturer GT Petrochem Industries. The aim is to link Honeywell’s polyester fibre product line with GT Petrochem’s conversion facilities to provide a world class tyre cord fabric to the global tyre industry. The two companies have been working closely together since 1996 and the alliance will ensure the supply of quality tyre reinforcement products at competitive prices.

19th February 2002/by Tyrepress Editors

Exclusive Distribution of Alliance

German wholesaler Bohnenkamp (Osnabrück) has been the exclusive distributor for the Israeli agricultural tyre manufacturer Alliance in Germany, Austria, Poland, Hungary and Czech Republic since the beginning of July. With this step Bohnenkamp intends to underline its leading position in the distribution of imported tyres. The company has been chosen by Alliance due to its elaborate distribution network and flexible logistics. Alliance offers more than 500 different sizes in the agricultural, MPT-, EM- and industrial tyres sectors and presents – in the neighbourhood of Bohnenkamp – a completely renewed product range with many new profiles and dimensions.

28th December 2001/by Tyrepress Editors

Telecom Italia Deal “Could Lead To Pirelli Merger”

There are reports in the press that the recent deal whereby Pirelli acquired control of Telecom Italia, could result in some sort of merger, perhaps even a three-way alliance between Pirelli, Olivetti and TI. Pirelli Chairman Marco Tronchetti Provera says that “the structure above Telecom Italia needs to be simplified” but he could say no more until all options had been studied and evaluated.

30th November 2001/by Tyrepress Editors

Restructuring For Smartire Strategic Alliance

Smart tyre technology market leader Smartire has announced a restructuring of its strategic alliance with TRW. Elements of agreements entered into during the research and development process in 1998 will be cancelled. Smartire is to pay TRW $3.3 million (3.7 million Euro) in cash and debt in regard to the transaction. TRW will continue to hold a considerable equity in Smartire, but the restructuring of the alliance will allow both companies to fully pursue a wide range of global market opportunities.

30th November 2001/by Tyrepress Editors

“Sam” Gibara Joins SRI Board

Company News, International News, Product News

Samir G. Gibara (61), chairman and chief executive officer of The Goodyear Tire & Rubber Company, has been elected to the board of directors of Sumitomo Rubber Industries Ltd. in Kobe, Japan. Gibara’s election is in conjunction with Goodyear’s 10 percent ownership of SRI, following the companies’ global alliance, completed in September 1999. This ownership makes Goodyear SRI’s second-largest shareholder. SRI holds 1.4 percent of Goodyear’s common stock.

30th November 2001/by Tyrepress Editors

Strategic Alliance Among Auto Aftermarket Companies

Four companies – SKF, Tenneco Automotive, TRW and Valeo – have signed a memorandum of understanding to develop plans to enhance the services offered to their European automotive aftermarket customers. The companies will investigate opportunities to share skills and resources in the fields of training, technical support services and logistics, especially transportation. The four companies will remain independent. Any alliance between the companies resulting from the initial investigation will be subject to the necessary government approvals.

30th November 2001/by Tyrepress Editors

100,000 Tyre Inflation Brochures In The USA

Bridgestone/Firestone and the Tire Retread Information Bureau (TRIB) are co-sponsoring the distribution of over 100,000 tire inflation brochures at the Commercial Vehicle Safety Alliance (CVSA) “Roadcheck 2001” program to be held throughout north America June 5-7, 2001. The four page brochure titled “What are the high costs of low air pressure” is entirely non-commercial and originally appeared in Bridgestone’s tire topic magazine, Real Answers. The brochures will be distributed by highway patrol officers at weight stations in all fifty states and U.S. territories, and all Canadian provinces and territories, as part of CVSA’s program to heighten truckers’ awareness of the importance of maintaining proper air pressure.

30th November 2001/by Tyrepress Editors

“No U-Turn On Job Cuts”, says Edouard Michelin

Edouard Michelin has confirmed that Michelin will go ahead with plans to reduce its European workforce by 10%, referring to the initiative as “not just a cost-cutting plan or headcount reduction. It is a productivity plan that has an upside of speeding up growth. In the same interview, Edouard Michelin said that tyre industry consolidation was not at an end. Michelin, he said, will eventually have to make “some kind of link, alliance, or even acquisition” in Asia. He also suggested that medium-sized tyre companies will “either merge or join the club of the large companies”.

7th December 2000/by Tyrepress Editors

Bridgestone Links Up With French Antivibration Specialist

Bridgestone has announced the formation of a strategic alliance in antivibration automotive components with Paulstra, the automotive antivibration sector of Hutchinson, a subsidiary of TotalFina in France. The objective of the alliance is for both companies to jointly develop new antivibration products at both the companies manufacturing plants around the world.

7th December 2000/by Tyrepress Editors

Stahlgruber Forms Best Enterprise Alliance

Over the years the Stahlgruber group and its international subsidiaries has sold tens of thousands of items of capital equipment to the tyre industry. The company feels that consolidation in the equipment manufacturing industry has led to a narrowing of sourcing opportunities and a consequent adverse effect on price and customer choice. The answer was to form a ‘Best Enterprise Alliance’ in which a number of companies group together to form a product range, based on their individual areas of expertise. These companies are Stahlgruber, Butler (the Stahlgruber-owned manufacturer of tyre changers), Cemb, Hunter and Rotary Lifts. Butler will make a range of tyre changers, called Promont, and Cemb a range of wheel balancers, called Probalance, which will be exclusive to Stahlgruber and its subsidiaries. Hunter wheel alignment equipment and Rotary lifts will also be sold. Stahlgruber will continue to sell Butler tyre changers alongside the Promont range. Further information on what the alliance means to the companies involved, and of the ‘own name’ ranges of machines can be found in TYRES & ACCESSORIES 6/2000.

7th December 2000/by Tyrepress Editors

New President For Alliance

Zwika Meiri is to succeed Yinon Esroni as President of Alliance Tire Co. (Hadera/Israel) within the few next weeks.

7th December 2000/by Tyrepress Editors