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Michelin Nigeria Board Approves Severance Package

The board of directors at Michelin Nigeria Ltd have met and approved of a severance package for employees affected by the closure of the company’s Port Harcourt factory. The proposed £15 million total severance package is above the standard £10 contractual severance entitlement for employees in such circumstances, and Michelin Nigeria’s director of communications, Victoria Oso Adefala, released a statement saying the company elected to pay the additional amount in order to mitigate the hardship experienced by affected employees.

19th March 2007/by Tyrepress Editors

Avenger Gets Bridgestone and Firestone Tyres

(Akron/Tire Review) Bridgestone and Firestone brand tyres will grace the 2008 Dodge Avenger, Bridgestone/Firestone North American Tire announced. The 2008 Dodge Avenger SE will come standard with Firestone FR690 tyres in size P215/65R16 96T. The Dodge Avenger SXT will feature Bridgestone Turanza EL40002 tyres in size P215/60R17 95T, while the Dodge Avenger R/T will come OE with Bridgestone Potenza RE92A radials in size P215/55R18 94H.

6th March 2007/by Tyrepress Editors

Bowmur Technicians Receive Hand’s-on Training from Bridgestone

An eight-strong team of haulage technicians from Cannock-based distribution specialists Bowmur Haulage Ltd, are the latest recruits of a Roadside Breakdown course organised by Bridgestone UK’s Training Department. The hands-on training covers areas such as pre-breakdown planning, on-site risk assessment and how to carry out and complete repairs on a busy carriageway environment.

26th February 2007/by Tyrepress Editors

Run Flat Technology – an Indian Variation

An inventor in India has come up with a novel alternative to run flat tyre technology. Designed for motor scooters and cycles, the new invention, known as the modular portable castor wheel stand or, more simply, as the ‘X Wheel’, makes it easier for riders to keep their vehicle moving in the event of a sudden puncture.

20th February 2007/by Tyrepress Editors

Environment Agency gives OK to Tyres as Fuel

The Environment Agency has given cement producer Cemex permission to use as a substitute fuel at its Rugby plant. This decision comes following a trial rigorously controlled and monitored by the Environment Agency.

According to the Environment Agency’s area environment manager, Ian Withers, the agency is satisfied with the trial’s results. “We have studied the report and the results of the tyre trial in great detail before coming to this decision,” he said. “We are satisfied that Cemex has met the requirements of its Permit and can now burn tyres in accordance with the conditions in the Permit.

6th February 2007/by Tyrepress Editors

Easyloader – It Does What It Says

The versatility of utility, pickup and 4×4 vehicles can be increased, following the introduction of a new version of the Easyloader Tail Lift from Penny Hydraulics, which can handle loads up to 550kg. Using a tail lift for loading and unloading enables operators to comply with manual handling regulations as well as reducing the risk of damage to vehicles and personnel.

30th January 2007/by Tyrepress Editors

Harpers Choose ATS Euromaster for Tyre Management

Harpers Waste Management Solutions has adopted a managed tyre policy with ATS Euromaster at its two largest depots in York and Billingham. The agreement will see Michelin tyres fitted across 45 commercial vehicles in its fleet, marking a distinct change from the company’s previous tyre procurement policy which saw a number of different brands fitted by a range of suppliers.

24th January 2007/by Tyrepress Editors

Goodyear Receives Credit Thumbs Up

Moody’s Investors Service has revised its rating for Goodyear Tire & Rubber Co. from negative to stable following the signing of the new three-year USW contract. This move comes days after Standard & Poors upgraded Goodyear to a B+ rating.

In a statement, a representative of the investment service said “Moody’s would expect the company over time to achieve significant efficiencies from the new contract and other restructuring actions.” Given Goodyear’s stable outlook it is unlikely that their rating will be lowered again during the next 12 to 18 months.

11th January 2007/by Tyrepress Editors

The Winners Wear Goodyear

Engineers and designers at Goodyear Tire & Rubber are in high spirits after receiving word that the vehicles voted to be North American Car and Truck of the Year both ride on their products.

The announcement was made at the 2007 North American International Auto Show. The Car of the Year, the Saturn Aura (a US version of the Vauxhall/Opel Vectra), comes fitted with Eagle LS2 tyres inP225/50R18 size as OE equipment, while the Truck of the Year, Chevrolet’s Silverado, comes with 20-inch Eagle LS2 tyres as standard fitment for the Silverado SS model.

10th January 2007/by Tyrepress Editors

Goodyear Receives Higher Rating

With the hostilities between Goodyear and the USW now officially over, Standard & Poor’s have affirmed the B+ rating on Goodyear’s corporate credit and removed the company’s debt from negative CreditWatch.

The company was placed on CreditWatch in mid October 2006 due to the threat of business disruption and uncertain earnings during the strike period. Goodyear has a total debt of approximately US$12 billion.

Goodyear Tire & Rubber share prices leapt to a 52 week high in the first week of January following the announcement of the company’s revised credit status.

5th January 2007/by Tyrepress Editors

New Hofmann Megaplan Customer Service Manager

Hofmann Megaplan has expanded its internal team with the appointment of Mike Towner (35) as Customer Service Manager. He brings a wealth of experience to the company, having spent the last 18 years in the automotive service industry, progressing from mechanic through to Aftersales Manager within a dealership environment.

Responsible for all aspects of customer service, the appointment is designed to maintain Hofmann Megaplan’s reputation for exemplary service and support as the company continues to grow. “We have a goal within Hofmann Megaplan that everyone coming into contact with us goes away thinking we were the best company they spoke to that day”, comments MD James Boon, “and I’m convinced Mike’s combination of technical ability and customer service skills will maintain that standard as our customer base expands”.

3rd January 2007/by Tyrepress Editors

Taking the Heat – SureSeal from Tripoint

According to the manufacturer Tripoint’s SureSeal Rimless System is the highest temperature rubber seal on the market and is less expensive to use than competing products. Tests performed by Bergey’s Retread Technologies demonstrated SureSeal’s performance. “Tripoint’s SureSeal is lasting three times longer than the rubber seals we used previously, saving Bergey’s more than 30 per cent on replacement cost,” says Mike Ellinger, general manager for Bergey’s Retread Technologies.

8th December 2006/by Tyrepress Editors

Union Plays Santa with Christmas Cash

The twelve thousand Goodyear workers now entering their third month of strike action are receiving an early Christmas bonus from their union. The Pittsburgh based United Steelworkers union announced on Tuesday that it will give a $100 Christmas bonus to the striking Goodyear workers and to the approximately nine hundred other workers striking or locked out from other companies.

7th December 2006/by Tyrepress Editors

New Name in Waste Processing

An Oldham based company specialising in the manufacture of bespoke shredding machinery has recently announced plans to relaunch its business. Formerly WSDE, the company not only has the new name of Shredding & Recycling Ltd but also a new corporate identity. The company provides a range of shredding machinery from single turnkey solutions to high volume standard applications capable of shredding and processing a multitude of waste materials.

24th November 2006/by Tyrepress Editors

Study Hints at Shifts in American Vehicle Buying

(Akron/Tire Review) A new study by the Opinion Research Corporation says that 78 per cent of Americans want the federal government to impose a 40-mile-per-gallon (MPG) fuel-efficiency standard for vehicles. And, the study shows, nine out of 10 Americans expect gas prices to go up in the near future. The study also said that 70 per cent of Americans now factor expected future gas prices into their vehicle buying criteria, and are looking for more fuel-efficient vehicles. Forty-five per cent claim they are now more likely to buy a hybrid or other fuel-efficient vehicle than they were six months ago, compared to 30 per cent who are unchanged in their plans.

23rd November 2006/by Tyrepress Editors