North America Archives - Page 58 of 173 - Tyrepress

North America

Posts

Former tyre industry pioneer Goodrich sold for $18.4 billion

Dr. Benjamin Franklin Goodrich, who as born in Ripley, New York in 1841 and died in 1881, was a pioneering figure in the United States tyre industry. When his business idea of producing rubber products failed to enthuse, in 1870 he established his own Akron, Ohio-based firm – which later became famous as B.F. Goodrich. The company introduced the first US-made mass produced tyre in 1896, the first tubeless tyre into North America in 1946 and the first radial there in 1965. In 1977, B.F. Goodrich delivered tyres for the first prototype Space Shuttle.

23rd September 2011/by Tyrepress Editors

Further Bridgestone US expansion plans unveiled

This has been a red-letter week for Bridgestone Americas Tire Operations. On Wednesday the tyre maker went public with its plans to construct a large and ultra-large OTR tyre plant in South Carolina, Bridgestone’s first outside of Japan, and to increase passenger car and light truck tyre capacity at its Aiken County plant, located in the same state. A day later it announced that bus and truck tyre capacity will also be lifted; Bridgestone Americas Tire Operations (BATO) said it will invest US$36.6 million to increase production capacity at its Warren County, Tennessee plant by 900 units per day.

23rd September 2011/by Tyrepress Editors

Yokohama back for another year of American football

Yokohama Tire Corporation’s sponsorship contract with three high-profile American football teams has been renewed for a further year. The 2011 season is now getting underway and the tyre maker is back as sponsor to the National Football League’s (NFL) Dallas Cowboys, Denver Broncos and Baltimore Ravens. To kick off its return for the new season, Yokohama is holding a “Home Team Pride” programme between September 26 and November 6. During this time consumers can receive a free official replica Cowboys, Broncos or Raven jersey with the purchase of four Yokohama tyres from participating local dealers.

22nd September 2011/by Tyrepress Editors

Details of Bridgestone’s ‘major strategic investment’ announced

A total of around US$1.2 billion dollars will be invested in Bridgestone’s Aiken County site in the United States. The tyre maker’s plans for this South Carolina location involve both increasing capacity at its passenger car and light truck tyre plant and erecting a new factory to produce large and ultra-large radials for construction and mining vehicles. Production capacity at Bridgestone’s steel cord plant in Clarksville, Tennessee will also be increased in order to supply this new OTR tyre facility.

22nd September 2011/by Tyrepress Editors

Out of the woods?

Editorial/Comment

…or are we about to witness a real dip in tyre markets? While the massive drops in OE demand of a few years ago appear to have turned a corner, and while tyre manufacturers the world over are steadily ramping up production to pre-recession levels, some are questioning whether or not replacement markets have really felt the full force of the recession. Could 2011 be shaping up to be worse than 2008/2009?

20th September 2011/by Tyrepress Editors

Hankook begins exclusive Canadian Tire deal

Hankook Tire Canada is supplying Canadian Tire – Canada’s largest retailer – with an exclusive Hankook-brand “all-weather” tyre. The Hankook Optimo 4S, which carries the mountain/snowflake symbol that the Rubber Association of Canada and its US counterpart, the RMA, assigns to approved winter tyres, will be available only at Canadian Tire locations across Canada.

20th September 2011/by Tyrepress Editors

City Giving $735,000 Grant for CTA Plant

The city of Mount Vernon, Illinois, has reportedly committed $735,000 in grant funding to Continental Tire’s (CTA) plant expansion in the city. The money is expected to go toward infrastructure improvements and equipment. For its part, CTA has committed to creating at least 440 new jobs.

19th September 2011/by Tyrepress Editors

Michelin Canada Raising Prices

Tire Review notes that Michelin North America (Canada)'s price increase was the continent's 86th in 2011. As of 1 October, the unit is increasing pricing on its Michelin and BFGoodrich medium truck tyres by up to 6.5 per cent. Michelin, BFGoodrich, Uniroyal and MNA’s associate brand passenger and light truck replacement tyres (excluding winter tires) will see increases averaging 4 per cent as of 1 November.

15th September 2011/by Tyrepress Editors

Canadian Tire Picks Rotary Lift

Canadian Tire Corp has selected Rotary Lift as a “preferred vendor” for alignment lifts for its automotive service centers across the country, reports Tire Review. Rotary Lift provides the Y-Lift alignment lift for many Canadian Tire dealers already. Canadian Tire and its associate dealers combine for 485 stores from coast-to-coast.

13th September 2011/by Tyrepress Editors

Kumho sets deal to supply tyres to Midas in USA

Midas stores across the US will soon have access to Kumho brand tyres thanks to a new deal between the service retailer and Kumho Tire USA, reports Tire Review. The new “partnership program” reportedly gives rebates to Midas stores purchasing Kumho tyres, and tyre distributors will get a 1 per cent credit for administering the program.

13th September 2011/by Tyrepress Editors

Premium tyre sales on the up?

Years after the credit crunch bit and the recession took hold in the North America and Europe, financial analysts are asking if the de-segmentation phenomena that saw cheaper tyre sales increase could be coming to an end. So does this mean premium tyre sales are on the up?

13th September 2011/by Tyrepress Editors

Conti’s US prices to rise in November

Prices for Continental’s passenger car and light commercial vehicle tyres in the US are scheduled to increase by up to 8.5 per cent on November 1. Continental Tire The Americas says this price rise, which applies to its Continental, General and proprietary brand tyres, is being implemented as “a response to the continuing rise in raw material cost.” Exact price increases will vary according to product line and size, and Continental adds that some in-line adjustments will occur.

12th September 2011/by Tyrepress Editors

Bridgestone announces North American price increases

Bridgestone Americas Tire Operations has announced price increases for passenger and light truck consumer replacement and original equipment tyres in the United States and Canada, effective from 1 November. Prices for Bridgestone, Firestone and associate brand passenger and light truck tyres will increase by up to eight per cent.

9th September 2011/by Tyrepress Editors

Mitas speeds up US plant plans, consolidates brands

Mitas Tires North America Inc. said it is boosting its investment in its new plant in Charles City, Iowa, in a move to hasten build of plant capacity. The 19 per cent investment boost takes to $51 million the amount Mitas is putting into the facility, and will shorten the construction project from five to three years. The additional funds will be directed toward tyre building equipment and curing presses, and by late 2013, the factory capacity is planned to reach 12,000 metric tons of tyres annually. In addition, Mitas officials said that tyres produced at the plant will bear the “Mitas AC” marking, with Mitas phasing out the Continental agricultural tyre brand in North America next year.

7th September 2011/by Tyrepress Editors

TGI named in top 5 US Hispanic exporters

Tire Group International has been named the fourth largest Hispanic owned exporter in the USA by Hispanic Business Magazine. Tony Gonzalez, TGI’s CEO said: “We are very excited and honoured by the ranking, it’s a true testament to the hard work and effort of our entire team, The Winning Team.”

31st August 2011/by Tyrepress Editors