USA Archives - Page 78 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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Conti celebrates World Quality Day

Didn’t know today was World Quality Day? Neither did we. Nevertheless, the United Nations-established event has been held since 1990 and aims to increase worldwide awareness of the important contribution quality makes to national and organisational growth and prosperity. Continental says 16 of its Tire division locations around the world are participating in the day; under the slogan “Continuously Striving for Best in Class in Quality, employees will organise events and activities in order to raise quality awareness.

14th November 2013/by Tyrepress Editors

Conti share price tipped to rise further

The €143.85 premium that shares in Continental AG currently command (as of 1pm, 13 November) is the company’s highest-ever share price, yet US bank Citgroup anticipates a target price of €164 – and it has therefore given the company a “buy” rating. Analyst Philip Watkins writes that the tyre and automotive systems company continues to have the sector’s best business model, and opines that the company’s third quarter figures underline its technological leadership.

13th November 2013/by Tyrepress Editors

Mesnac opening US research centre

International News

A new Mesnac facility being set up in the US will aid the company in its goal of developing equipment, processes and systems that are more closely aligned to the needs of its customers in North and Latin America. The Chinese tyre and rubber industry supplier is locating this new Research and TechnicalCenter in Akron, Ohio and says the facility will be an extension of its recently-established Research Institute in Qingdao. The company already runs a similar centre in Slovakia to support its European customer base.

12th November 2013/by Tyrepress Editors

Michelin to pay $16.5 million in tyre failure suit

International News

A jury in the US state of Georgia has ordered Michelin North America to pay $16.5 million in a tyre blowout case that killed a 50-year-old Bhutanese immigrant in 2011, reports Tire Review. The man was killed when the rear tyre allegedly suffered a sudden failure, causing the large van to lose control and flip over on I-75 near Macon, Georgia. Two people were killed and 12 more were injured in the single-vehicle accident.

12th November 2013/by Tyrepress Editors

Goodyear a top 100 military friendly employer

International News

In the USA Goodyear has been named a Top 100 Military Friendly Employer by GI Jobs magazine for the second consecutive year. The listing, drawn from a long list of more than 5,000 companies, recognises the company’s efforts to hire and support veteran employees, with companies selected based on the results of a data-driven survey on veteran-related programs and policies.

11th November 2013/1 Comment/by Andrew

Yokohama Advan tyres complete inaugural F4 season in expanded 2013 lineup

Yokohama’s 2013 motorsport season included the novelty of supplying the control tyre for the inaugural BRDC Formula 4 series, which boasted full grids and close competition as a popular stepping stone in single seat racing for aspiring Formula One drivers.

11th November 2013/by Andrew

Titan completes notes redemption

On 6 November, Titan International completed the previously announced redemption of the outstanding US$137,681,000 aggregate principal in its ‘7.875% Senior Secured Notes due 2017’. The company redeemed the notes at a price of $1,059.06 for each $1,000 principal amount, or approximately $145.8 million in total, plus approximately $1.1 million of unpaid interest accrued to the redemption date. Titan says it did not incur any early termination penalties in connection with the redemption of the notes beyond the premium reflected in the redemption price, as described above.

11th November 2013/by Tyrepress Editors

Eurotire facility receives ISO/OHSAS certifications

International News

US-headquartered OTR tyre specialist Eurotire reports that its OTR radial facility in Drobeta Turnu Severin, Romania has been granted several management systems certifications through IQNet and CISQ/RINA.

8th November 2013/by Tyrepress Editors

New Championships a highlight for Cooper, Avon 2013 motorsport season

Cooper’s Avon brand celebrated 30 years of motorsport by adding a number of new championships to its portfolio, including the Time Attack Series, to which Avon became an official tyre supplier at the start of the year and the F1 Era Superbike Championship – a new series for 2013. Meanwhile, Cooper Tires became a principal partner to the burgeoning FIA European Rallycross Championship and sponsor to rising star Timmy Hansen in his maiden season. Both brands were once again the title sponsors of the Avon Tyres British GT Championship and the Cooper Tires British Formula 3 Series.

7th November 2013/by Andrew

Licensees for self-inflating tyre sought

Czech Republic-based firm CODA Development is seeking licensees within the tyre industry for its patented Self Inflating Tire (SIT). The company says it will “immediately offer licenses to interested parties wanting to integrate SIT into their production lines.”

5th November 2013/by Tyrepress Editors

Goodyear an official tyre for US ski, snowboard association

International News

The U.S. Ski and Snowboard Association (USSA) has selected Goodyear as ‘official tyre’ of the U.S. Ski Team, U.S. Snowboarding and U.S. Freeskiing. Gary Melliere, general manager of Sponsorships at Goodyear North America, describes the partnership between the teams and the tyre maker as “a natural fit for the Goodyear brand and its superior performing tyres”.

1st November 2013/by Tyrepress Editors

Goodyear names next lobby chief

Lobbyists are par for the course in US politics, and Goodyear’s senior registered lobbyist Isabel Jasinowski will retire in February 2014. The company has named her successor as head of its Washington, D.C. office as Brian Riley.

31st October 2013/by Tyrepress Editors

Heuver’s Timmer begins new role in German market ‘expert team’

At present, Heuver Tyrewholesale is forming a customer support ‘expert team’ for the German speaking markets, and Gert Timmer, who currently manages the company’s agricultural business unit, will take on responsibility for the Bavaria and Austria regions as part of this team. He joins four other experienced customer support professionals in the new German markets team, and will be present with his colleagues at November’s Agritechnica show.

30th October 2013/by Tyrepress Editors

Olney appointed TRW Automotive COO

Effective 1 January 2014, Patrick Olney will take on the role of chief operating officer at TRW Automotive Holdings. In his new position, the current president of Volvo Construction Equipment will report directly to TRW Automotive chairman and chief executive officer John Plant. Olney will be based in Michelin, USA, and replaces Steve Lunn, who previously announced his intention to retire effective 28 February 2014.

30th October 2013/by Tyrepress Editors

Hercules expands Raptis WR1 range

In the USA, the Hercules Tire & Rubber company has announced the addition of four new 17-inch sizes to its ultra high performance, W-speed rated Raptis WR1 range. The Raptis WR1 combines sleek, modern aesthetics and exceptional steering response with a silica compound and an asymmetric tread design to deliver high-performance character all year round. The new sizes are:

29th October 2013/by Tyrepress Editors