Goodyear Archives - Page 190 of 243 - Tyrepress

Founded in 1898 by Frank Seiberling, The Goodyear Tire & Rubber Company is an American multinational tyre manufacturing company based in Akron, Ohio. It is one of the oldest, biggest and best-known tyremakers in the world. Goodyear makes tyres for automobiles, commercial trucks, light trucks, motorcycles, SUVs, racing cars, aeroplanes, farm equipment and heavy earth-mover machinery. Find all the news and analysis you need relating to Goodyear here.

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Bridgestone Increases Number of Retail Outlets in China

(Akron/Tire Review) A report by the Shanghai Daily says that Bridgestone Corp. will add 750 retail tyre outlets to its distribution in China by 2010, with some 400 of them being “high-end branded stores.”
Already, Bridgestone has 4,850 sales outlets in China, and will boost that total to 5,600 within five years. Among those are 100 Car Wings company-owned outlets, which Bridgestone says it will increase to 500 stores. Car Wings outlets sell tyres, wheels, stereo equipment and accessories.

17th October 2005/by Tyrepress Editors

Titan Buyout Deal Surprises USW

(Akron/Tire Review – Freeport Journal Standard) The $18 per share “cash merger” offer by an New York private equity firm for Titan International apparently caught the United Steelworkers (USW) well off guard, leaving the national union and its Freeport, Illinois, local scrambling for information.

17th October 2005/by Tyrepress Editors

Titan Gets Buyout Offer From Equity Group

(Akron/Tire Review) Titan International Inc says it has received a “cash merger offer” from a private equity group. The $18 per share offer was made, according to Titan, by One Equity Partners LLC, which is affiliated with JP Morgan Chase & Co. Based on the number of outstanding Titan shares available, the deal is likely worth about $350 million.

12th October 2005/by Tyrepress Editors

Goodyear Engineered Products Increase Capacity

Goodyear Engineered Products has added production capacity at its Marysville, Ohio, conveyor belt plant.

For the second time in two years, the global manufacturer has added production capacity for heavy-duty steel- and fabric-reinforced conveyor belts.

11th October 2005/by Tyrepress Editors

Goodyear Opens Hose Plant in Brazil

(Akron/Tire Review) Goodyear Tire, & Rubber Co’s Engineered Products unit opened a new oil hose plant in Sao Paulo, Brazil. The $13 million plant, Goodyear’s fifth in Brazil, will have 150 employees. The plant will produce floating and submarine oil hose designed to transfer crude oil and derivatives. Goodyear announced just weeks ago that it was putting the Engineered Products unit on the sale block.

10th October 2005/by Tyrepress Editors

Goodyear Tyres for Hybrid Truck

A prototype hybrid U.S. Air Force aircraft refueller truck built on a Mack Truck chassis features a new mixed-service tyre from Goodyear.

Goodyear Unisteel G287 MSA tyres (315/80R22.5) are mounted in the steer position on the 6,000-gallon refueller. Mack Trucks Inc. and the U.S. Air Force Advanced Power Technology Office developed the hybrid diesel-electric truck. Eight Goodyear Unisteel G286 tyres (12R22.5) are mounted on the vehicle’s rear drive axles.

7th October 2005/by Tyrepress Editors

Mixed Fortunes for US Tyre Market

There was mixed news concerning demand for tyres in the USA during September. Light vehicle tyre shipments during the month were up 2.6 per cent compared with September last year, which came as a surprise to some analysts, who were expecting sales to fall as a reaction to high fuel prices. The good news is tempered by the fact that these figures represent shipments to dealers, rather than sales to consumers.

7th October 2005/by Tyrepress Editors

Goodyear To Launch New Airship

The Goodyear Tire & Rubber Company has announced plans to launch a new airship in the spring of 2006 to be deployed to its Pompano Beach, Florida operation. The new airship has been in production for the past two years as a previously scheduled 2006 replacement for the Stars & Stripes, which has operated in Florida since 1992.

6th October 2005/by Tyrepress Editors

Goodyear, Michelin Top Magazine All-Season and Winter Tests

(Akron/Tire Review) Consumer Reports magazine has rated Goodyear Tire & Rubber Co.’s Assurance TripleTred as best overall in tests of 18 different all-season tyres. The testing was done for the magazine’s annual tyre roundup in its November issue.

5th October 2005/by Tyrepress Editors

No Deadline Extension for Titan-Goodyear Deal – Yet

(Akron/Tire Review) The deadline for Titan International to conclude its $100 million purchase of Goodyear Tire & Rubber Co.’s agricultural tyre unit has come and gone, with no word on the disposition of the deal.

Titan has twice extended the completion date for the deal, originally reached last February, because of slow moving negotiations between Titan and the United Steelworkers (USW) over a new contract for employees at Goodyear’s Freeport, Illinois, agricultural tyre plant.

4th October 2005/by Tyrepress Editors

Titan Takes Third Extension on Goodyear Deal

(Akron/Tire Review) Late yesterday morning, Titan International announced that it was extending the deadline for the completion of its planned purchase of Goodyear Tire & Rubber Co.’s agricultural tire business. The new deadline is 1 November. The previous deadline of 1 October came and went without a public announcement by the Des Moines, Iowa, tire and wheel maker. Titan said it filed for the extension on 30 September.

The extension is the third Titan has taken since it announced its plans to buy all of Goodyear’s agricultural tyre business – including its Freeport, Illinois, agricultural tyre plant – for some $100 million. As required by Goodyear’s contract with the United Steelworkers (USW) union, Titan must reach an agreement on a new contract for the plant’s 800 workers before the sale can be completed.

4th October 2005/by Tyrepress Editors

Goodyear Expects Temporary Impact from Hurricane Rita

Goodyear has implemented temporary reductions in production at its North American tyre facilities due to disruptions in the supply of certain raw materials resulting from the impact of Hurricane Rita in Texas and Louisiana.

4th October 2005/by Tyrepress Editors

Kelly-Springfield to Take-on Goodyear Name

After 36 years in Fayetteville, Kelly-Springfield Tire Co is changing its name. The company is assuming the name of its parent company – Goodyear Tire and Rubber Co – as Goodyear tries to unify its image. The 111-year-old company employs more than 2,650 people at the Fayetteville plant, which is reported to be one of the largest tyre manufacturing facilities in the world, producing 55,000 tyres per day. Kelly-Springfield was purchased by Goodyear in 1935 and operated as a wholly owned subsidiary until 1996, when it was fully merged with Goodyear.

29th September 2005/by Tyrepress Editors

Michelin and Pirelli Top Online Brands (2005)

Online Brand Equity

Certain big names like Microsoft and IBM might be synonymous with information technology, but what about tyre brands? Which ones are the most powerful online and why? Tyres & Accessories asked Internet analysts Envisional to delve deeper into the fast moving world of e-marketing to exclusively produce the following rankings.

28th September 2005/by Tyrepress Editors

Goodyear’s UG7 Wins ADAC Test

ADAC, the German automotive association, has published its new winter tyre test results. Engineers tested tyres in sizes 175/65 R14T and 195/65 R15T – and Goodyear’s Ultra Grip 7 was declared the winner in both categories.

In the smaller size Bridgestone’s Blizzak LM 20 and Pirelli’s Snowcontrol followed Goodyear, as did Semperit’s Wintergrip. Bringing up the rear was Matador.

22nd September 2005/by Tyrepress Editors