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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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Myers Industries reports 40% increase in full-year EPS

Myers Industries has reported full-year 2012 figures, which feature a 40 per cent increase in earnings per share (EPS) growth. This was reportedly driven by productivity gains and new product introductions. 2012 net sales were US$791.2 million compared with $755.7 million in 2011. However, it has to be said that this was mainly held up by strong sales performance in the Engineered Products and Material Handling Segments. In fact, according to the company, it was the relative strength of these segments that “more than offset sales decreases in the Distribution and Lawn & Garden Segments.

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  1. Michelin adds tyre tips, advice to US website
  2. Eibach Precision Alignment Range
  3. MAC Tools raises £4,100 for BEN
  4. Delphi reconfirmed as The Parts Alliance preferred supplier
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Michelin partners BMW Motorsport ALMS and Nürburgring 24 Hours

Michelin and BMW Motorsport have announced plans to join forces to contest the American Le Mans Series (ALMS) and the Nürburgring 24 Hours in 2013. According to the two companies, this means the German carmaker’s BMW Z4 GTE and BMW Z4 GT3 cars will run on Michelin ‘Ultimate’ endurance racing tyres. The 2013 programme’s first competitive outing will be the 12 Hours of Sebring in Florida, USA, on 16 March.

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  1. Ed Wilson to Head Two Wheel at Michelin UK
  2. Michelin video highlights importance of fitting the right tyre
  3. Michelin official tyre for Le Mans LMPC and GTC
  4. Michelin helps Drayson to EV land speed record
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Kenny to head Hankook US R&D

Hankook Tire America Corp has named Thomas Kenny its new vice president of technology and head of its Akron Technical Center. Tire Review reports that Kenny will be responsible for managing various aspects of work at the Akron Technical Center, including development, testing and research for Hankook tyres sold in the US.

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Related news:

  1. Hankook R&D Head Receives University Honour
  2. Hankook to bring Korea R&D activities under one roof
  3. Hankook’s Dynapro HP2 adds SUV to high performance range
  4. US Hankook ‘Cubes’ Performance Parameters
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Cooper wins first Ford OE in US

Cooper has secured its first US original equipment deal with Ford, which has selected the Cooper Zeon RS3-A as the standard fitment on its 2013 Ford Focus SE and Titanium models. Tire Review reports that the all-season UHP tyre will be supplied in W-rated size 215/50R17.

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Related news:

  1. Goodyear Assurance Fuel Max Tyres Selected for 2010 Toyota Prius
  2. Cooper profits down, even after sales increase
  3. Conti partners MLS in US schools Solar Project
  4. Cadillac selects Bridgestone Potenza for new flagship model
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Dunlop moto appoints new US sales manager

Dunlop’s motorcycle tyre management team in the US has been expanded by the appointment of Cary Budzinski as its new general manager of sales. Budzinski begins his new role with more than 26 years at Goodyear’s retail store and consumer business units behind him; most recently he served as general manager of dealer development for Goodyear’s Consumer business unit. In his new position, Budzinski will report to Mike Buckley, Senior vice-president sales/marketing & R&D. Reporting to Cary will be Scott Dewey, Phil Waters, Fred Hassen and the rest of Dunlop’s sales force.

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Related news:

  1. Goodyear Dunlop Names George Rietbergen As New UK MD
  2. Goodyear sells NZ service network
  3. Andreas Niegsch: “Our brands are our greatest asset”
  4. Dunlop “Focuses Brand Marketing Investment” in Concept Store
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First supply of Bridgestone run-flats to GM

Bridgestone reports its first-ever original equipment run-flat tyre fitment on a General Motors vehicle with the selection of its Potenza RE050A RFT for the 2013 Cadillac ATS. The Potenza is being supplied to GM in size 225/40RF18 88W (front) and 255/35RF18 90W (rear) for fitment on the ATS Premium Collection, the highest level package available on the new Cadillac.

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  1. Dimple Defect Leads to US Bridgestone Recall
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  3. Firestone OE for Chrysler 300
  4. Trelleborg and OK Tire Store partner at World Plowing Contest
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Avon OE on 610bhp Carlsson SLK 340

The Carlsson-developed SLK 340 international hillclimb race car due to première at the Geneva Motor Show on 5 March is capable of developing a respect-worthy 782bhp per tonne, and a car with this level of performance needs a suitable tyre. Thus Avon Tyres takes pride in reporting that its hillclimb tyres have been chosen as the SLK 340’s original equipment fitment.

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  1. Avon Motorsport Manager Roger Everson Announces Retirement
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  4. New Caterham Seven rolls out on Avon CR500
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Royalties from Cabot-Michelin agreement begin flowing

US-based speciality chemicals company Cabot Corporation has announced reaching “another key milestone” in its technology licensing agreement with Manufacture Francaise des Pneumatiques Michelin for use of Cabot’s patented elastomer composite technology in tyre applications. Regular royalty payments to Cabot have now begun and will extend through fiscal 2022.

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Related news:

  1. Michelin Sets Firm India Plant Plans
  2. Buyer for Sibur tyre business may emerge by year’s end
  3. Cabot China output up 25 per cent
  4. Cabot announces JV with China’s Bluestar
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Conti investing in US truck tyre production

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Another expansion of Continental’s Mount Vernon, USA plant will commence in order to meet growing North American demand for commercial vehicle tyres. Continental Tire the Americas will invest US$129 million in the plant, with $95 million of the funds going towards expanding CV tyre production, including wide-base truck tyres. The expansion of the Mount Vernon plant’s commercial vehicle production is expected to be complete in mid-2015 and will increase truck tyre capacity to more than three million units per annum. At least 80 new jobs will be created.

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Related news:

  1. Yulex, Versalis to produce guayule rubber in Southern Europe
  2. ATS Euromaster to distribute Primewell commercial vehicle tyres
  3. Hankook launches new global TV campaign including ads in UK and Europe
  4. Expanded Conti US plant enters operation
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Toyo finishes 2013 Dakar with 6 stage wins, 13 podiums

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Toyo Tires racers won six stages and 13 podiums during the 2013 Dakar. Team Toyo’s Robby Gordon finished the Rally strongly, winning Stages 11 and 13 while two past Dakar champions, Carlos Sainz and Nasser Al-Attiyah, used the Toyo Open Country M/T-R to win Stage One and Stages Three, Four and Six respectively. Sainz drove the American-built #303 Team Qatar Red Bull buggy, Al-Attiyah the #300 Team Qatar Red Bull buggy, while Gordon competed in the Toyo-supported #315 Speed Energy/Toyo Tires/Mapei Hummer.

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If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

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  • Read Tyres & Accessories magazine online/in print

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Related news:

  1. Despres helps Michelin to 29th Dakar motorcycle victory
  2. BFGoodrich completes decade of Dakar wins
  3. Foj, Race2Recovery aim to build on 2013 success on Cooper rubber
  4. Toyo Tires reflects on “great” Dakar
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Conti outlines new loan agreement

German tyre maker and automotive supplier Continental has improved its debt maturity profile through the signing of a new syndicated loan agreement. Committed to by approximately 30 domestic and international banks, the credit amount has been reduced slightly. It now totals 4.5 billion euros and is split up into two tranches of differing duration – a 1.5 billion euro loan with a term of three years, and a five-year, 3 billion euro revolving credit line. For the new syndicated loan, Continental has been able to obtain the release of the asset collateral previously put up for financing and has also implemented “further simplifications” with regards to the documentation.

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Related news:

  1. Conti refinances syndicated loan
  2. Conti battery JV firm enters operation
  3. 2012 a record year for Continental
  4. Goodyear declares further dividend
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Conti launches voluntary recall in North America

Some 1,700 Continental motorcycle tyres sold in North America are the subjects of a voluntary recall. Based upon market feedback it has received, the tyre maker says that under certain service conditions the size 180/60R16 M/C 74H ContiMotion may experience uneven wear, groove cracking and in some cases belt lift, which can lead to a loss of inflation pressure and a potential loss of control. These service conditions have been observed on the rear tyre of Honda Gold Wing 1800 motorcycles, particularly under conditions of overloading and/or under-inflation. Continental adds that has not received any reports about accidents resulting from this condition.

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Related news:

  1. Continental Changes Industrial Staff
  2. Conti to Increase US Prices
  3. Tyres & Accessories January 2013
  4. Trelleborg and OK Tire Store partner at World Plowing Contest
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New location for Bridgestone’s Shenyang plant confirmed

Bridgestone Corporation says it has acquired the land where its Shenyang, China truck and bus tyre plant will be relocated to. In accordance with Shenyang City development policies, which were revised following the urbanisation of the area surrounding the Bridgestone (Shenyang) Tire Co., Ltd plant, production will be moved to the Shenyang Chemical Industry Park. The new site will encompass approximately 395,000 square metres and relocation will involve a total investment of US$99.9 million.

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Related news:

  1. Jinyu Tyres ups prices 5-7%
  2. Bridgestone debuts 2012 MotoGP tyres
  3. Bridgestone expanding Bloomington, US plant
  4. Cooper Rongcheng strike is delaying shipments
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Linglong TBR tyres gain SmartWay verification

Shandong Linglong’s truck and bus radial tyres have gained EPA SmartWay verification for 18 of its Linglong and Leao brand truck tyres in the USA for low rolling resistance. The verified tyres include steer, drive and trailer axle applications.

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Related news:

  1. Yokohama US “guarantees” steer tyre cost-per-mile savings at Kentucky’s MATS
  2. Yokohama Tyres Get EPA SmartWay Approval
  3. Conti’s European Tour Gets Underway With 6 New Truck Tyres
  4. Wabash approves Cooper Roadmaster tyres as OE fitment
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Go-ahead for driving tests from Halfords

Plans to offer practical driving tests from branches of Halfords have been given the go ahead by Road Safety Minister Stephen Hammond.

Driving tests will be available from the Halfords store in Wellingborough from Tuesday 5 February. Other branches of Halfords across the country are expected to start offering tests in coming months. All tests will be conducted by Driving Standards Agency (DSA) examiners.

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Related news:

  1. IAAF annoyed by lack of MOT details in latest government plans
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  3. Little support in UK for World Car Free Day
  4. RoSPA ‘disappointed’ at Christmas drink/drive figures
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