Triangle increase prices in America
Triangle Tire’s US branch has announced plans to raise tyre prices up to 6 per cent “in-line adjustments on all its products sold in the US beginning 1 October 2017”.
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.
Triangle Tire’s US branch has announced plans to raise tyre prices up to 6 per cent “in-line adjustments on all its products sold in the US beginning 1 October 2017”.
Hankook Tire has released the Kinergy PT (H737, the first tyre made exclusively at the company’s Clarksville, Tennessee plant in the USA.
Nokian Tyres marked the beginning of building work on the company’s third factory on 20 September. The new greenfield site is located in Dayton (Rhea County), Tennessee, USA. Annual capacity will be 4 million tyres, with expansion potential in the future. The site will also house a distribution facility with a storage capacity of 600,000 tyres. Construction is scheduled to begin in early 2018 and the first tyres are to be produced in 2020.
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The Goodyear Tire & Rubber Company has appointed Mike Dwyer as chief marketing officer and Mike Dauberman as chief digital officer in its North America consumer business. Both appointments are effective immediately; both will report to Scott Rogers, who was recently named president, North America consumer.
The Tire Industry Association and members of the Work Opportunity Tax Credit (WOTC) Coalition will lobby Congress to apply WOTC to natural disasters that will cover powerful hurricanes like Harvey and Irma.
Toyo Tire U.S.A. Corp. (TTC) has promoted Roy Bromfield to president and chief executive officer. In this role, he is responsible for all product categories of Toyo-branded business in the US replacement market.
Fuel prices in the UK will rise following the devastating impact of Hurricane Harvey on the Texan coast, according to the Petrol Retailers Association. Brian Madderson, chairman of the PRA, explained that UK wholesale prices had increased immediately as the storm hit the region.
Goodyear has opened its first office in the Silicon Valley in a bid to develop relations with automakers, suppliers and mobility-related startups working on the next generations of vehicles and service models.
Pioneer Industrial Systems is celebrating 10 years of precision robotic tyre spraying. According to the company, 10 years ago this month Pioneer Industrial Systems introduced its first FANUC Robotic Green Tire Spray System. A decade later the firm reports that its precision fluid delivery system is in action on over 123 units (53 with robots) in 37 different tyre plants.
Pirelli is working with Fisker Inc. to create low rolling resistance tyres for the new Fisker EMotion luxury electric vehicle, set to launch in late 2019.
Pirelli will develop summer P Zero tyres in 285/35R24 (F) and 305/35R24 (R). The focus of this development will be on low rolling resistance, “spirited handling” and extra comfort due to tall sidewalls.
According to the United Steelworkers (USW) union, its members have ratified a new collective bargaining agreement with Goodyear Tire & Rubber Company on behalf of about 7,200 workers at five plants in the USA. Members approved the agreement covering the Akron (Ohio), Danville (Virginia), Fayetteville (North Carolina), Gadsden (Alabama) and Topeka (Kansas) facilities by a three-to-one margin.
Cooper Tire & Rubber Company and its consortium partners have completed their five-year research project into the potential of guayule rubber as a replacement for Hevea natural rubber in tyres. A report on their work was recently presented at the public-private sector consortium’s wrap-up meeting held at the Cooper Tire & Vehicle Test Center near San Antonio, USA.
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In response to recently reported news about plans for its factory in the USA, Sumitomo Rubber Industries (SRI) states that the plant in Buffalo, New York will deliver original equipment Dunlop tyres to Japanese car manufacturers in the future. A representative of SRI stressed to Tyrepress.com that it is the make to order tyre production commissioned by Goodyear that will reduce and then stop entirely in 2018.
When the global joint venture between Goodyear Tire & Rubber and Sumitomo Rubber Industries (SRI) ended in 2015, the Goodyear tyre plant in Buffalo, New York became a SRI asset. Production of Dunlop branded tyres destined for fitment as original equipment on new vehicles nevertheless continued, however it seems SRI intends to discontinue this arrangement next year.
Jiangsu General Technology Co., Ltd. is establishing a wholly-owned subsidiary in the Georgia, US, which is likely to be called General Rubber (North America) Limited.
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