Yokohama Archives - Page 57 of 95 - Tyrepress

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Yokohama Tire appoints new president and CEO

Takao Oishi, who has headed up Yokohama Tire Corporation (YTC) in the US since April 2008, is returning to Japan to take up the position of general manager of Yokohama Rubber’s Industrial Products business group. Taking his place as president and CEO of YTC is Yasushi Tanaka, who begins in the role on June 29. Tanaka, previously in charge of corporate planning within Yokohama Rubber’s GD100 Promotion department, will be based at YTC’s corporate headquarters in Fullerton, California. His promotion also includes being named president of Yokohama Corporation of America and president of Yokohama Corporation of North America. Tanaka remains a Yokohama Rubber corporate officer.

26th May 2011/by Tyrepress Editors

Yokohama HPT adds two motorsport dealers to UK network

The UK distributor for Yokohama tyres, Yokohama HPT, has announced the addition of two more motorsport dealers to its network, dealing in both circuit tyres and the latest addition to its rally range, the A053. The new tyre has been used to great effect already by Tristan Pye and is now available in Northern Ireland from TMG Distribution and in the Republic of Ireland, from Murray Motorsport.

25th May 2011/by Tyrepress Editors

Groundbreaking marks start of Yokohama Philippines expansion

A groundbreaking ceremony to mark the start of expansion work on Yokohama’s tyre factory in the Philippines took place on May 23. The Clark Freeport Zone plant, located some 40 miles northwest of Manila, is being enlarged to around 460,000 square metres – about three times its current area – through a 50 billion yen (£376.6 million)) investment that by 2017 will boost annual capacity from seven to seventeen million tyres.

23rd May 2011/by Tyrepress Editors

Yokohama Board of Directors confirms Nagumo, Noji appointments

At its May 20 meeting, Yokohama Rubber’s Board of Directors decide in favour of the promotion announced by the previous Board of company president Tadanobu Nagumo to the role of chairman and CEO. Nagumo maintains his role as representative director. Taking his place as president is Hikomitsu Noji, currently director and senior managing corporate officer, and president of the Yokohama’s Tire Group; Noji will continue serving in this last-mentioned capacity. These and other promotions decided upon at the meeting will be formally approved at the company’s general meeting of shareholders on June 29.

20th May 2011/by Tyrepress Editors

Confident but not cocky – Yokohama Tire unveils new corporate icon

Yokohama Tire has updated its website and introduced the world to Shin – the tyre maker’s new corporate icon. The red persona, who resembles a tyre handling robot, is a prominent feature on the revised yokohamatire.com website.

20th May 2011/by Tyrepress Editors

Toyo officially exits GTY Tire JV

In January the three partners in the GTY Tire Co. joint venture – Toyo, Continental, and Yokohama – reached a settlement regarding Toyo’s dismissal from the from the truck tyre joint venture the previous year, a move linked to its “business and capital alliance” partnership with Bridgestone Corporation. A year on and Toyo is again out, and this time permanently. The business structure of GTY Tire has been altered and Toyo’s 16 per cent share in the joint venture has been divvied up by the two remaining parties. Continental now holds a 59 per cent stake in the joint venture and Yokohama 41 per cent. As part of Toyo’s exit agreement, the tyre maker has the option of purchasing tyres produced at Continental's Mt. Vernon, Illinois factory – where GTY tyres were manufactured – for the coming year. The name of the now two-party venture has not yet been made public.

20th May 2011/by Tyrepress Editors

Yokohama sales, profits up in FY2011

During the 2011 fiscal year, which in Japan began on April 1, 2010, net sales at Yokohama Rubber increased 11.4 per cent year-on-year to 519.7 billion yen (£3.9 billion); leading this sales growth were tyres and hose, sealant and adhesive products, and the company reports it “reinforced its sales momentum” through successfully implementing price increases that offset the effect of rising raw material costs and the appreciation of the yen. Operating income increased 37.5 per cent to 29.5 billion yen (£223.0 million) and net income grew 21.2 per cent to 13.9 billion yen (£105.1 million).

20th May 2011/by Tyrepress Editors

Yokohama HPT to introduce winter van/light truck range to UK

The UK distributor for Yokohama tyres has announced that it will introduce a new winter tyre for vans and light commercial vehicles to the market, with availability set for the third and fourth quarters of 2011. The new addition to the W.drive range, the WY01, will be aimed at van and cargo vehicles and will utilise the same technology as the W.drive tyres developed for passenger cars, according to a Yokohama HPT statement, yielding greater safety when the temperature falls below seven degrees centigrade. The compound has been created to provide increased grip from the late Autumn to the beginning of Spring.

18th May 2011/by Tyrepress Editors

Yokohama commits to Green Wave 2011

Those wishing to catch the Green Wave don’t have long to wait – the global tree planting campaign advocated by the United Nations Secretariat of the Convention on Biological Diversity is taking place on May 22 – the International Day for Biological Diversity. In Japan, however, the Green Wave has already been washing over the land for more than two months, as the country’s government declared the 16 weeks between March 1 and June 15 its “Green Wave 2011” period. During this time schools, companies and organisations have been encouraged to carry out tree planting campaigns. It goes without saying that Yokohama Rubber, whose Forever Forest programme is now in its fourth year, has embraced the programme.

18th May 2011/by Tyrepress Editors

YHI – Now is the ‘right time’ for greater OEM sector involvement

The newly-released annual report from YHI International states the Singapore-based wheel manufacturer and automotive components distributor is embarking on a “new exciting era.” Specifically, the company has begun a five-year expansion plan to grow its manufacturing and distribution segments and achieve sales of S$1 billion (£494 million) by the 2015 financial year.

17th May 2011/by Tyrepress Editors

Yokohama Tire expands baseball sponsorship with Phillies deal

Yokohama Tire Corporation has added a second Major League Baseball team to its US sport sponsorship portfolio after signing an agreement with the Philadelphia Phillies. Included in the Phillies sponsorship deal is Yokohama signage in strategic positions, such as behind the home plate and on the first and third base lines, pre-game, post-game and in-game spots on the Phillies flagship radio station throughout the season, in-stadium displays and in-game announcements on the public address system and LED scoreboard.

17th May 2011/by Tyrepress Editors

Styron breaks ground on Schkopau, Germany SSBR production line

Germany’s newly elected minister of economic affairs Prof. Dr. Birgitta Wolff joined other dignitaries and employees from Styron to celebrate the construction of Styron’s new SSBR (Solution Styrene Butadiene Rubber) production line on 11 May 2011. The groundbreaking ceremony marks the introduction of an additional 50,000 metric tons of production capacity at the firm’s facility in Schkopau, Germany. According to the company, this will allow Styron better supply the “increasing demand for high performance tyres.”

11th May 2011/by Tyrepress Editors

Rock for Japan – Yokohama HPT to host charity concert

The UK distributor for Japanese tyre manufacturer Yokohama has organised a charity rock concert to support the British Red Cross Japan Tsunami Appeal. Yokohama HPT Ltd has covered the cost of the concert, so that 100 per cent of the proceeds will go directly to the appeal and support the victims of the earthquake and tsunami in March. The 'Sounds for Sendai' concert will take place on Sunday 22 May at the Marshall Amplification Theatre in Milton Keynes and will feature a stunning line-up headlined by the renowned Martin Turner's Wishbone Ash with support acts Stray and Motherlode.

11th May 2011/by Tyrepress Editors

Forever Forest progressing well, Yokohama reports

The planting of trees as part of Yokohama Rubber’s ‘Forever Forest’ project began as a means of creating a greener environment at the company’s facilities in the years leading up to its centenary in 2017, and so far around 183,000 of the planned half a million trees have been planted. In addition to planting trees at its Japanese and international sites, as part of the project Yokohama Rubber has committed itself to supply seedlings to external organisations and companies. During the first three years of the scheme it supplied nearly 50,000 seedlings to outside groups – from the project’s commencement until the end of March 2011 some 37,000 seedlings were planted in Japan and 13,000 overseas at a total of 81 sites. Each seedling planted was raised from a seed by Yokohama employees.

10th May 2011/by Tyrepress Editors

Government acclaim for Yokohama inner liner development

Two Yokohama Rubber employees have been acknowledged by Japan’s government for their work on developing tyre inner liner technology. Yuichi Hara and Yoshiaki Hashimura, both research and development managers at Yokohama, received “Commendations for Science and Technology” from Japan’s Ministry of Education, Culture, Sports, Science. The awards were given in the development category for developing a tyre inner liner that possesses a balance between the low air permeability of resin and the flexibility offered by rubber, thereby substantially reducing air leakage despite being only 20 per cent as thick as a conventional liner. The product developed by the pair and their research teams was released in 2009 under the name Advanced inner liner.

9th May 2011/by Tyrepress Editors