USA Archives - Page 99 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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Continental takes over ContiTread marketing from Marangoni

As of the second quarter of this year Continental will assume responsibility for the marketing of its ContiTread precure treads. Previously Italy’s Marangoni group didn’t just produce these treads for the German manufacturer, it was also in charge of marketing the brand in Europe. “We successfully introduced ContiTread precure treads into the European market in 2008 through a licensing agreement with Marangoni. As of April 2012 we will begin marketing ContiTread directly through our own marketing organisation,” explained Christian Sass, director Retread Business Commercial Vehicles Tires (CVT) Continental.

13th February 2012/by Tyrepress Editors

Managing supply the greatest challenge for 2012, says Yokohama’s King

Last year was a “very challenging year” for Yokohama Tire Corporation, reports Dan King, senior vice-president of sales and marketing at Yokohama’s North American operation. King describes the North American consumer tyre market as being “basically flat” and says in light of this Yokohama was pleased to have grown in all segments of its business.

10th February 2012/by Tyrepress Editors

Goodyear joins automotive green group

Goodyear Tire & Rubber has become the latest company to join The Suppliers Partnership for the Environment (SP), a collaboration between automotive manufacturers and suppliers and the US Environmental Protection Agency that aims to create new business-centred approaches to environmental protection; solutions that address green issues while providing value throughout the automotive supply chain.

10th February 2012/by Tyrepress Editors

Clemson University 2012 Tire Conference

Clemson University in the USA announces the 28th Annual Tire Industry Conference, which is being held between April 18–20, 2012 at Westin Resort and Spa, Hilton Head, South Carolina.

9th February 2012/by Tyrepress Editors

US favourite for new Michelin plant?

Speculation still exists regarding Michelin’s furtively-named “Project Cougar”, however it appears possible the Felidae plan may find a home in Anderson County, a location in the US state of South Carolina where the tyre maker already employs some 700 workers. Michelin North America has been named as the company considering setting up two projects in the area. Should they go head in Anderson County, these projects would be established with an investment said to be at least US$550 million and likely to be in the “$600 million to $1 billion” range if built according to plan.

8th February 2012/by Tyrepress Editors

Tyre making in the US cheaper than in China, says Carlisle

Going against a trend witnessed in the tyre industry over recent years, Carlisle Companies says it will transfer tyre production from China over to the United States – for cost reasons. At the company’s forth quarter 2011 conference call on 2 February, Carlisle Companies chairman, president and CEO David Roberts reported positive developments regarding efficiency levels at the company’s Jackson, Tennessee tyre making facility and then shared plans to make US production a greater priority.

6th February 2012/by Tyrepress Editors

Yokohama announces US price rise

Prices for Yokohama consumer tyres will rise by up to eight per cent in the US as of 1 March 2012. Yokohama Tire Corporation says the increases apply to all passenger car, performance and light truck lines, and some in-line adjustments will also be announced at a later date.

6th February 2012/by Tyrepress Editors

Kumho awarded Auto GP supply contract

Kumho will be the sole tyre supplier to the international Auto GP series for 550bhp single-seat racing cars. In a change for the 2012 season, all Auto GP teams will be required to use two specifications of tyre per weekend, a parallel to the tyre regulation in Formula One. Kumho says the management of prime and option compounds will strengthen the series’ role as a “premier schooling grounds for Grand Prix drivers”. Auto GP will also include a KERS-style boost system giving drivers an extra 50bhp up to 10 times per race, and a mandatory pit stop for each race.

3rd February 2012/by Tyrepress Editors

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