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Tyre Product Range Prompts Company Name Change

Although still a relatively new company, British Recycled Plastic has re-branded itself as British Recycled Products, after releasing a product range made from used car tyres. In its six months of operation, the Yorkshire based company has already amassed a client list that includes high profile customers such as the MoD, ASDA and the City of London Corporation. Director Jason Elliot believes the company’s success lies in its UK based production and sourcing of raw materials.

6th November 2008/by Tyrepress Editors

Union Reports Layoffs Coming at US Goodyear-Dunlop Factory

The Goodyear-Dunlop tyre manufacturing plant in Tonawanda, New York is soon to experience its first round of layoffs in nearly 30 years, say union officials. According to the Buffalo News, they indicate that around 100 people at the 1,100-worker facility may lose their jobs.

31st October 2008/by Tyrepress Editors

1,100 Jobs to go in Tenneco Restructuring

Automotive emission control and ride control products manufacturer Tenneco Inc. is to restructure its global operations. In an announcement made on October 29, the company said it would further reduce structural costs and capacity in response to the worsening industry downturn. Approximately 1,100 jobs will be axed as a result of the restructuring and five facilities closed. In total Tenneco expects to generate around US$64 million in annual savings once all changes are fully implemented.

31st October 2008/by Tyrepress Editors

Nokian Production Cuts Mean Layoffs on the Cards

In Finland, Nokian Tyres is blaming the global financial crisis for the need to adjust production and improve productivity at its factory in the city of Nokia. Possible adjustment measures, says the tyremaker, include lay-offs of approximately 1,000 employees working at the factory December 21 to January 11.

31st October 2008/by Tyrepress Editors

Union Urges Cooper to Keep Jobs in US

Following an announcement from Cooper Tire that it would conduct a study into its US manufacturing facilities, local, state and national USW union leaders and about 80 others joined together in Findlay, Ohio to present their response – they want Cooper to continue production at its Findlay factory, and jobs should remain in the US.

30th October 2008/by Tyrepress Editors

Michelin to Reorganise Italy Operations

On October 28 Michelin announced its plan to make operations in Italy more competitive. More than 200 million euros will be invested between now and 2013 to upgrade the company’s production facilities in the country, in order to make them more productive and specialised.

Production capacity will be significantly increased in Cuneo; following this expansion the Michelin plant will be the largest premium passenger car tyre production facility in Europe. Car tyre production will end at the company’s Stura workshop in Turin at the end of 2009. Semi-finished products will continue to be manufactured there, however, and the site’s logistics centre will operate following the transfer of the Vercelli warehouse.

28th October 2008/by Tyrepress Editors

Authorities Awaiting ATC Site Plan for $500 million Project

According to Washington, US based local newspaper the Columbia Basin Herald, the Port of Ephrata – the region’s largest landowner – is waiting to receive a site plan from American Tire Corporation (ATC), who is said to have recently signed a purchase and sale agreement for 96 acres of port land. Port manager Mike Read said the means that American Tire Corporation, which will do business as Washington Tire Corporation, has 60 days to change its mind.

23rd October 2008/by Tyrepress Editors

Construction Delayed at Kumho’s Georgia, USA Factory

The global economy and a downturn in the US automotive industry are said to be principal factors behind construction delays at Kumho’s tyre factory in Bibb County in the US state of Georgia. Macon, Georgia newspaper The Telegraph reports this news was given by local Chamber of Commerce president Chip Cherry on October 20.

22nd October 2008/by Tyrepress Editors

Trick or Treat

Traditionally a time of embracing the ghoulish and extorting sweets from neighbours, Halloween has in itself become a horrific ordeal for some businesses – tyre thefts are on the rise as preparations for the evening get underway. Northern Ireland newspaper the Strabane Chronicle reports that thousands of pounds worth of products, including tyres, pallets and other materials are being stolen from local businesses and included in October 31 bonfire preparations.

17th October 2008/by Tyrepress Editors

Wal-Mart Closes Unionised Tyre Centre

Following the closure of a unionised Quebec tyre and lubrication shop, Wal-Mart has said that costs related to the first labour agreement imposed on any of the world’s biggest retailer’s North American locations were to blame. The closure was enacted because the agreement would have raised operating costs by 30 per cent and forced “dramatic” price increases on products, said the retail giant.

Andrew Pelletier told Bloomberg over the telephone that, “The union contract that was imposed is simply unworkable,” and that the agreement would have seen wages rise by a third – more than ten times the average hourly rate of Quebec companies this year. The Canadian president of the United Food and Commercial Workers, Wayne Hanley, responded that, “if you join a union, they’re going to close your shop… It’s hard to see how the additional labour costs were going to drive up the price of a cheap oil change, while at the same time they rake in multi-billion-dollar profits every year.” The company said that the six workers at Wal-Mart Tire and Lube Express, Quebec would be offered jobs elsewhere.

17th October 2008/by Tyrepress Editors

Bridgestone Extending Belgium Logistic Centre

To support the growth of the company’s European business and better service customers across the continent, Bridgestone has decided to further extend the supply chain operations at its North European Logistic Centre in Zeebrugge. The extension also provides scope for the future addition of value added services such as tyre mounting.

The extension will be realised in two phases: Phase 1 involves the construction of an 18,000 square metre warehouse on three hectares of land, with an investment of 7 million euros. Depending on building permits and administrational procedures, the plan could be finalised as early as the third quarter of 2009. Phase 2, for which an option has been taken on a further 3.68 hectares of land, involves the construction of an additional 20,000 square metre warehouse and an investment of around 7 million euros.

9th October 2008/by Tyrepress Editors

The Quiet Achiever

Yokohama Tire admits that an OTR division is typically not the highest profile area in a tyre company’s hierarchy – yet it’s one of the most profitable. While they produce and sell the world’s largest and heaviest tyres, it is the consumer and, to a lesser extent, commercial divisions that receive most of the limelight. To set the record straight, Yokohama Tire USA has interviewed two key members of its OTR division, director of OTR sales Gary Nash and national sales manager Nelson Richards. The two men discuss the inner workings of Yokohama’s OTR department, the marketplace and the future of OTR.

6th October 2008/by Tyrepress Editors

BFGoodrich Expanding Facility Despite Shutdown

BFGoodrich is going ahead with the expansion of its Tuscaloosa, Alabama facility despite a temporary shutdown the company attributes to numerous factors. A temporary raw material supply shortage in the wake of Hurricanes Ike and Gustav is named as the main culprit for the two week factory closure, however market factors are also to blame, reports BFGoodrich public relations director Lynn Mann.

3rd October 2008/by Tyrepress Editors

Motor World Limited Goes Into Administration

Dermot Power, Graham Newton and Matthew Dunham, Business Restructuring partners at BDO Stoy Hayward, were appointed on 25 September as joint Administrators of Motor World Ltd. Motor World Ltd is one of the UK’s largest independent automotive car care retailers, trading from a chain of 237 retail units across the country. The Company also specialises in additional products including cycles and other leisure accessories.

As a result of a significant downturn in retail sales on the high street, 95 of the 237 retail units have been closed immediately with the loss of 300 jobs. The Administrators have however been successful in selling the remaining 142 units of the business to Pacific Retail Limited; a Company funded by the existing investors Bailey Capital Limited. This has resulted in saving approximately 500 jobs. The business trades from a head office in Huddersfield.

29th September 2008/by Tyrepress Editors

Michelin Development Canada Announces Five New Loans

In addition to its UK programme, Michelin operates its Michelin Development scheme in Canada, and on September 24 Michelin Development Canada announced five new loans in the Greater Waterloo region, bringing the potential number of jobs the program has created in the region to 539 and the total amount of money loaned to local entrepreneurs to more than $2.25 million dollars.

“In the two years since the launch of Michelin Development in the Greater Waterloo region we have exceeded our expectations in both potential job creation and the amount of money loaned to local entrepreneurs,” said John Tully, director of Michelin Development (Canada) Inc. in the Greater Waterloo Region. “We are especially pleased that a majority of the jobs created are in the manufacturing sector.

25th September 2008/by Tyrepress Editors