Manufacturing Archives - Page 232 of 261 - 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

Smaller Brands Lead the Way in Tyre Tests

Product News, UK News

Auto Express’ decision to make its recent tyre tests their “biggest ever” goes some way towards demonstrating the increasing interest surrounding these reports. And with so many brands on the market all claiming to be the best at something, who can blame consumers for wanting a second opinion?

However, Auto Express is not alone when it comes to testing. Other well-known magazines including Which? Autocar and Evo also publish tyre test results. But in terms of coverage and frequency Auto Express’ tyre tests currently lead the way in the UK. And when you consider that that this particular publication is Britain’s biggest selling motoring weekly, it is clear that winning or being recommended by such a report can have very positive repercussions on the tyre business.
Relatively unknown brands particularly have a lot to gain. By winning or being recommended in tests, these companies stand to gain a leg up in the estimation the country’s motoring millions, without investing in publicity or marketing campaigns. The theory is that product quality will speak for itself.

19th August 2005/by Chris

Cooper Names Brennan to Head Supply Chain Operations

(Akron/Tire Review) Cooper Tire, & Rubber Co. has promoted Fran Brennan to vice president of supply chain operations. The 21-year Cooper veteran most recently served as the technical vice president, a position he held for the past five years. During his Cooper career, Brennan also has served in industrial engineering, manufacturing planning and production planning.

18th August 2005/by Tyrepress Editors

Goodway to Acquire Big Wheel

Rubber compound manufacturer and tyre retreader Goodway Integrated Industries Bhd expects revenue to grow by 40 per cent, or about 10 million euros, in two years, upon acquiring a 100 per cent equity interest in Sabah-based retreading company, Big Wheel Holdings Sdn Bhd for 5.3 million euros, according to Business Times (Malaysia). With Big Wheel’s acquisition, Goodway will start producing between 4,200 and 4,500 pieces of solid tyres next year.

12th August 2005/by Tyrepress Editors

OE Vehicle Manufacturers Sign Up for SEMA

As the automotive accessories industry grows and assumes even greater importance in both the U.S. and world markets, several automakers have made commitments to participate in the SEMA Show scheduled for November 1-4, 2005, in Las Vegas.

The event will be especially significant as 14 original equipment manufacturer (OEM) brands – the highest number of OEM participants in SEMA Show history – will join with their partners in the specialty auto parts industry. In addition to OEM vehicle displays, the participating automakers will give SEMA members unparalleled access to technical data and a hands-on look at the vehicles that provide the basis for SEMA members’ products.

11th August 2005/by Tyrepress Editors

Nokian’s Strong Growth Continues

Net sales of Nokian Tyres plc were up by 17.8% to 295.4 million euros in the first half of the year (250.8 million euros in the corresponding period in 2004). Operating profit amounted to 46.1 million euros (32.8 million euros).

11th August 2005/by Tyrepress Editors

SmarTire Announces New VP Sales and Marketing

SmarTire Systems Inc. (Richmond, BC, Canada) has recruited David Warkentin as its new Vice President of Sales and Marketing. Warkentin brings over 25 years of sales, sales management and marketing experience in emerging technology sectors to the company.

10th August 2005/by Tyrepress Editors

Bridgestone Americas Continues Positive Trends

Bridgestone Americas Holding (BSAH/Nashville), subsidiary of Bridgestone Corporation, announced its financial results for the six month period ending June 30, 2005. At BSAH, first half sales increased 13% over the previous year, to $4.89 billion. Operating income improved over the prior year to $185 million (from $159 million in the first half of 2004, a 16% increase). The improvement in operating income was due to enhanced tyre product and brand mix and increased efficiencies which helped offset unprecedented increases in raw material costs. Net income also rose in the first half of 2005 by 35%, to $138 million from $102 million in the first half of 2004. BSAH benefited from strong growth in its Latin American Operations and in BFS Diversified Products, LLC. BFS Retail & Commercial Operations, LLC also exhibited growth in the first half of 2005.

10th August 2005/by Tyrepress Editors

Goodyear Sells Plantation to Bridgestone

Goodyear Tire & Rubber has completed the sale of its 95 per cent stake in Goodyear Sumatra Plantations to Bridgestone Corporation. The price was around $62 million.

9th August 2005/by Tyrepress Editors

Titan CEO Says He’ll Buy Plant With or Without Union

(Akron/Tire Review – Freeport Journal-Standard) Following months of virtual silence about the future of Freeport’s Goodyear Tire & Rubber Co. plant, among the region’s last major source of good-paying industrial jobs, the CEO of Titan International Corporation Wednesday drew a rhetorical line in the sand, saying that while he wants to negotiate in good faith with the local United Steelworkers of America, Titan is in no mood for protracted talks or costly demands.

8th August 2005/by Tyrepress Editors

Indian Manufacturers Race for Falcon Tyres

Indian news sources are reporting that the race for Falcon Tyres is hotting up, with the Hero Group and Metro Tyres entering the fray to acquire the two-wheeler tyre maker. Sources say Apollo Tyres and JK Tyres, who were earlier in the race, have dropped out because of various reasons. The Bangalore-based Falcon Tyres is part of late Manu Chhabria’s Jumbo group. The company markets its tyre under the Dunlop brand.

If successful, Falcon’s acquisition will give the Hero Group an entry into the tyre business, while Metro will leapfrog to number two position in the Indian ‘two-wheeler tyre market,’ from a distant fifth at the moment. Asked to comment, Sunil Kant Munjal, CEO and managing director, Hero Corporate Services, refused to confirm or deny the move. “I just don’t want to discuss whether we are interested in Falcon or not,” said Mr Munjal.

5th August 2005/by Tyrepress Editors

Amerityre and Ace Products Agree Licensing Deal

Amerityre Corporation. Richard Steinke, president and CEO of Amerityre Corporation, today announced that Amerityre has entered into a non-binding memorandum of understanding with Ace Products, LLC, for a proposed transaction involving the licensing of certain technology and the sale of certain manufacturing equipment and inventory.

4th August 2005/by Tyrepress Editors

Strike, Raw Materials Drop Cooper Earnings for the Half

(Akron/Tire Review) Cooper Tire & Rubber Co posted a net loss of $7 million in its second quarter of 2005, a downturn fuelled by the strike at its Texarkana, Arkansas, tyre plant earlier this year and rising raw material costs. Cooper also lost $2 million overall for the first half of 2005.

Net sales for the second quarter reached $511 million, up slightly from sales of $509 for the same period last year. For the first six months, Cooper racked up net sales of $1 billion, up 4 per cent versus the first half of 2004.

2nd August 2005/by Tyrepress Editors

Strong growth at Bridgestone UK

Career Tracks, UK News

Since John McNaught took over at Bridgestone UK there have been a number of changes including some high profile acquisitions in the commercial vehicle sector. But in general the developments of the last few years can be summed up in one word, growth.

It has been a “phenomenally busy period,” John McNaught told Tyres & Accessories at the company’s Warwick, headquarters. “Bridgestone is in a very high period of growth and for all our staff it is a tremendously busy and rewarding time,” said Mr McNaught explaining that this is part of a long-term plan developed in conjunction with the company’s European management based in Brussels. John McNaught praised the efforts of all his team and highlighted the fact that the company has been awarded the prestigious Investors in People award.

2nd August 2005/by Tyrepress Editors

Bridgestone Settles With Chinese Manufacturer Over Patent Dispute

Bridgestone Corporation has announced that it has settled its patent infringement dispute with major Chinese manufacturer, Shandong Chengshan Tire Co, Ltd.

The dispute centres around the patents the Japanese manufacturer acquired on the design of its R288 and M858 radial truck and bus tyres. Bridgestone reports that in November 2004, the company “discussed continuously” with Shandong Chengshan asking it to cease production of its CST66 and CST88 Shandong Chengshan tyres. Bridgestone contended that these radial truck and bus tyres closely resembled the design of its R288 and M858 products.

29th July 2005/by Tyrepress Editors

Alliance Wins $2 million US Army Contract

Alliance Tire Co has announced that it has won five tenders totalling $2 million to supply tyres to the US Army for three years.

Alliance will supply tyres for development work vehicles as an authorised supplier of the US government. According to the company, Alliance tyres have been tested in US Army laboratories, and found to be suitable for trucks, forklifts, field transportation vehicles, and development work vehicles.

27th July 2005/by Tyrepress Editors