Manufacturing Archives - Page 216 of 260 - Tyrepress

Whether its raw materials, machinery, research and development or the latest manufacturing trends, this tag provides up-to-the-minute insights into the upstream part of the tyre industry.

Tag Archive for: Manufacturing

Bandag Reports Second Quarter Results

Bandag, Incorporated reported consolidated net sales for second quarter 2006 of $247.3 million compared to consolidated net sales of $227.3 million in second quarter 2005, an increase of nine percent. Consolidated net sales were positively impacted by approximately $4.1 million due to the effect of translating foreign currency denominated net sales into U.S. dollars. Consolidated net earnings were $10.5 million, or $0.54 per diluted share, for second quarter 2006, compared to second quarter 2005 consolidated net earnings of $12.7 million, or $0.65 per diluted share.

20th July 2006/by Tyrepress Editors

Ex-Tyre Workers Suing Chemical Suppliers

(Akron/Tire Review) According to news reports, nine people who worked at the long-closed Uniroyal tyre plant in Eau Claire, Wis., are suing a number of chemical suppliers claiming that exposure to dangerous chemicals caused them to develop cancer.

18th July 2006/by Tyrepress Editors

Pension, Labour Issues Weigh on Goodyear Credit

(Akron/Tire Review – Reuters) Goodyear Tire & Rubber has made considerable progress on a North America turnaround, but looming pension liabilities, tough labour talks and high material costs are raising credit investors’ worries that further progress could be slow. Ignoring Goodyear’s strong rise in first-quarter earnings on 4 May, credit investors have sold off the company’s bonds, pushing prices lower over the past two months. Goodyear’s 7.86 per cent notes due in 2011 have fallen to 91.7 cents on the dollar from a high this year of 99.5 cents on 9 May, according to MarketAxess.

14th July 2006/by Tyrepress Editors

BFNAT Decides to Axe Oklahoma City Plant

(Akron/Tire Review) Bridgestone Firestone North American Tire has confirmed that it will close its Oklahoma, City, Oklahoma, passenger and light truck/SUV tyre plant. The plant, which opened in 1969, employs some 1,400 workers. The plant will be closed by 31 December, according to BFNAT.

14th July 2006/by Tyrepress Editors

Nanjing Automobile Planning MG Plant in Oklahoma

The UK car manufacturing industry received another blow yesterday when Nanjing Automobile announced it is planning to build MG cars in Oklahoma. Many had expected the lion’s share of MGs to be built at the old Rover base (Longbridge in Birmingham), but now, according to a report in The Times, most production will go to the US. The company’s engineering, design, sales and marketing departments will also operate out of the US.

13th July 2006/by Tyrepress Editors

Tread Carefully — A Reminder from The Environment Agency

Businesses are being reminded today that used tyres can no longer be sent to landfill from 16 July 2006 when new regulations come into force across England and Wales. Liz Parkes, Head of Waste Regulation at the Environment Agency said: “From 16 July, regulations will ban used whole and shredded tyres from being disposed of in all landfill sites.

12th July 2006/by Tyrepress Editors

Ceat Ramping Up Radial Imports, Production

(Akron/Tire Review) Indian tiremaker Ceat say it will increase imports of radial truck tyres to 2,000 units per month within the next 18 months. Currently, Ceat imports some 500 tyres per month, produced for Ceat by Pirelli at its manufacturing plant in Turkey. “Seeing a gradual increase in demand for domestic radial truck tyres, we intend to step up our imports from Pirelli,” Ceat managing director Paras Chowdhary told Indian media.

7th July 2006/by Tyrepress Editors

JK Industries MD Receives Doctorate

Mr Raghupati Singhania, vice chairman and managing director of JK Industries Limited has received an honorary doctorate in science at the seventeenth convocation of Mohanlal Sukhadia University at Udaipur by Her Excellency, Smt. Pratibha Patil, Governor of Rajasthan. The degree was conferred in recognition of Mr Singhania’s contributions towards encouraging education, training and research activities in Rubber and Allied industries in India.

3rd July 2006/by Tyrepress Editors

Goodway Building Recognition

Since being founded in 1990, Goodway Rubber Industries Sdn Bhd has made deep inroads into the highly established rubber industry. Company spokesman Raymond Lee described Goodway’s recent appearance at the Reifen 06 exhibition as the company “standing tall among the biggest industry names at the internationally acclaimed fair,” adding: “we made quite an impact with our various brands and offerings”.

30th June 2006/by Tyrepress Editors

Vintage Tyre Supplies: Looking Back, Moving Forward

If ever there was a competition for a company whose name tells you exactly what the company does, then Vintage Tyre Supplies would surely be in with a shout. Even the location of its head office – a few seconds' stroll from the Beaulieu Motor Museum – underlines what the company is about.

Vintage Tyre Supplies is, quite simply, a leader in what could be described as "a global niche", sourcing and selling vintage and classic tyres around the world. "Our business is growing and our overseas markets are developing steadily," says VTS managing director Chris Marchant.

30th June 2006/by Tyrepress Editors

Goodyear To Close New Zealand Tyre Plant

Goodyear Tire & Rubber Company is taking steps towards closing a New Zealand tyre plant. The news is part of a series of cost-cutting measures (including European job cuts) that Goodyear is enforcing around the world. Goodyear said the move was “part of its strategy to reduce high-cost manufacturing capacity globally.”

30th June 2006/by Tyrepress Editors

Marangoni Offers Synergies and New Products in “The Village“

“For over 50 years our Group has believed in tyres and has educated its people and developed new technologies to be able to handle every aspect and every phase of a tyre’s life cycle,” Mario Marangoni president of the Italian Marangoni group points out. Today Marangoni belongs to the few companies that are covering all the different aspects of tyres. In the future this is going to be communicated even more. Marangoni now wants to harmonise and internationalise its own brand appearance, says Massimo De Alessandri, managing director of the Marangoni Holding company in an interview with Tyres & Accessories.

28th June 2006/by Tyrepress Editors

‘We are The Bubkas of the Tyre Business’

When asked to sum up his company’s year “business is going well,” is the response given by Deldo sales manager, Stani Delcroix. By this he means that the company has once again broken its own sales records with turnover growing 10 per cent to 235 million euros. Delcroix said he believed this was impossible to beat, that was until the company achieved a further 8 per cent growth (year-on-year) in the first quarter of 2006.

28th June 2006/by Tyrepress Editors

Cooper to Halt Production at Texarkana Plant For Two Weeks

(Akron/Tire Review) Cooper Tire & Rubber Co.’s manufacturing facility in Texarkana, Arkansas, will shut down production for two weeks, according to a report in the Texarkana Gazette.

27th June 2006/by Tyrepress Editors

Stamford Tyres Reports Record Net Profit for FY 2006

(Akron/Tire Review) Stamford Tyres Corp. announced record net profit of 15.6 million Singapore dollars for the financial year ended 30 April, an 80.8 per cent growth over the S$8.6 million (£2.957 million) recorded in 2005. Revenue grew 32.4 per cent, to S$253.2 million (£87 million), the company said.

27th June 2006/by Tyrepress Editors