USA Archives - Page 100 of 268 - Tyrepress

Across the Atlantic they are called tires, while over here we use a “Y” and say tyres. This tag provides the latest tyre business news emanating from the United States of America (USA), whichever way you spell it.

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Maxion Wheels is born – Hayes Lemmerz acquisition finalised

On 2 February Brazilian firm Iochpe-Maxion S.A. announced its acquisition of wheel manufacturer Hayes Lemmerz International, Inc has been finalised. The company has now established a new combined global wheel business, Maxion Wheels, which will be headed up by former Hayes Lemmerz chief operating officer Fred Bentley. In his new role of Maxion Wheels’ chief executive officer, Bentley will report directly to Dan Ioschpe, chief executive officer of Iochpe-Maxion. The business will have its headquarters in Northville, Michigan, USA.

3rd February 2012/by Tyrepress Editors

US launch for latest Trelleborg industrial tyre

Trelleborg Wheel Systems will unveil a new solid industrial tyre, the Monarch M2, at next week’s Modex 2012 manufacturing, distribution and supply chain show in the US city of Atlanta. The Monarch M2 is designed for use in industrial applications such as material handling and ground support equipment.

3rd February 2012/by Tyrepress Editors

Mel settles Green Rubber share spat

Celebrity news and gossip site tmz.com reports Mel Gibson has settled the tyre tech-related lawsuit brought against him by Nader Sherif. The settlement involves Gibson’s payment of an undisclosed sum to Sherif, and further details have not been made public.

3rd February 2012/by Tyrepress Editors

Bridgestone establishes Americas mining business unit

Bridgestone Americas Tire Operations reports it has reorganised the Bridgestone Commercial Group and set up an integrated mining tyre business unit. The new business unit, Bridgestone Mining Solutions, combines all mining tyre sales, service and sales engineering, as well as a select group of US and Canadian stores, into one integrated structure. Shawn Rasey will lead the new organisation as vice-president, Bridgestone Mining Solutions.

3rd February 2012/by Tyrepress Editors

Bridgestone introduces Tube Multicell winter tyre compound

Bridgestone has developed what it calls a “next generation” compound for its Blizzak winter tyres designed to grip like a studded tyre. Called Tube Multicell, it contains thousands of microscopic tubular cells and “bite particles.” Together with other technologies, the Tube Multicell compound is applied in the new Blizzak WS70 in a bid to offer motorists superior handling in Nordic winter conditions.

2nd February 2012/by Tyrepress Editors

Michelin makes notes repurchase

In a press statement intended for readers located outside of the USA, Compagnie Générale des Etablissements Michelin announced it has repurchased open market shares between October 2011 and January 2012 for more than ten per cent of the issued number of its lowest ranking subordinated notes (titres subordonnés remboursables de dernier rang), due 3 December 2033, for an aggregate nominal amount of 500,000,000 euros admitted to trading on the regulated market of NYSE Euronext Paris under ISIN FR0010034298. Following the repurchase which is mentioned in this information, the outstanding nominal amount is 97,938,000 euros.

2nd February 2012/by Tyrepress Editors

Tyres & Accessories January 2012

Tyres & Accessories kick-start to 2012, our January magazine, is now available to subscribers as a virtual paper. Featuring special reports on the motorcycle and agricultural tyre segments, the latest issue of T&A can be read at the touch of a button. Click more to see the first publication of the year.

30th January 2012/by Tyrepress Editors

Keyuan SBS line enters production

China’s Keyuan Petrochemicals has announced that one of the production lines for Styrene-Butadiene-Styrene (SBS) at its new plant in Ningbo, Zhejiang Province, has commenced commercial production. Keyuan conducted tests on the line in the final quarter of last year following completion of its new 70,000 tonne SBS production facility in September 2011. The first line entered commercial production in December and the company says that during the quarter it produced 2,733 tonnes and sold 2,623 tonnes of the substance used by tyre makers.

30th January 2012/by Tyrepress Editors

Kink issue prompts Toyo US recall

Toyo Tire USA has issued a recall of more than 70,000 Toyo Extensa A/S tyre sold in North America between 20 September 2009 and 6 November 2010. In a recall notice submitted to the US-based National Highway Traffic Safety Administration, Toyo reported that some 225/60R16 97T sized Extensa tyres may have “been produced with a kink in the bead area” near the rim that could under certain circumstances eventually lead to a crack developing there. Thus a risk of tyre failure exists and Toyo says it will notify owners and replace tyres free of charge. The recall is expected to begin on 2 February, and has also been extended to Canada.

30th January 2012/by Tyrepress Editors

Toyo announces Chinese cushion JV

Toyo Tire & Rubber Co., Ltd. has agreed to establish a China-based joint venture company to manufacture and distribute urethane seat cushions for transportation machinery. The agreement was signed with Guangdong TGPM Automotive Industry Group Co., Ltd., headquartered in Foshan City, Guangdong Province.

27th January 2012/by Tyrepress Editors

Cooper, USW give Texarkana deal the thumbs up

The new four-year contract for unionised employees at Cooper Tire & Rubber’s Texarkana plant in Arkansas, USA has been ratified by both the tyre maker and the United Steelworkers union. The agreement, which affects approximately 1,500 union members, received a 1,006 to 141 vote endorsement. The new deal includes wage and benefit changes, which will be implemented over the course of the four-year accord, plus plans for additional plant investment – a measure Cooper says was “applauded” by both salaried and hourly employees.

27th January 2012/by Tyrepress Editors

Titan readies production at ex-Goodyear plant

Titan Tire will utilise the former Goodyear plant in Union City, Tennessee to produce and redistribute materials to other company facilities. Tire Review shares that Titan Tire chairman Bill Campbell told local media that the plant’s operation – polyester and blending rubber and steel strands used in tyre belts – will create 300 jobs by the end of 2012.

26th January 2012/by Tyrepress Editors

Mitas US plant warming up for serial production

Mitas has cured the first test tyre at its new Charles City, USA facility, which is currently in the testing phase. “Mitas can make tyres in Iowa,” said Pavel Charvat, president and plant director. “This test tyre is the first tyre produced by Mitas on the American continent. Now, Mitas is tweaking the machinery, streamlining processes and training workers for the Charles City plant to be ready for serial production in April.” The exact date of the official opening of the plant and start of serial production will be announced in due course.

26th January 2012/by Tyrepress Editors

Chinese group invests in Sierra Leone rubber

According to Association of Natural Rubber Producing Countries estimates, in 2012 China will produce some 750,000 tonnes of natural rubber, an increase of around six per cent on last year. Yet during the same period the country is expected to consume 3,610,000 tonnes of the commodity. To help meet this huge demand for imported natural rubber, China’s Hainan Natural Rubber Industry Group has signed an agreement with Sierra Leone, a deal expected to be the largest agricultural investment in the West African country’s history.

24th January 2012/by Tyrepress Editors

Cooper's Texarkana contract to expire

Cooper Tire & Rubber Co.'s contract with United Steelworkers at its plant in Arkansas expires at midnight tonight, with no indication of what may occur after the contract is up, reports Tire Review. Cooper locked out 1,050 workers at its Findlay, Ohio plant after contract talks stalled there, but has yet to comment about the Texarkana negotiations.

19th January 2012/by Tyrepress Editors