ASA Customers Near $73 Million in Tire Sales
(Akron/Tire Review) ASA Tire Systems said its eTireLink software helped North American tire dealers conduct nearly $73 million in business in 2005.
Olimpia Minority Shareholder to Sell Stake
(Clacton, U.K./Tyres & Accessories) Pirelli SpA, a majority shareholder in Olimpia Holding (which, in turn, holds an 18% stake in Telecom Italia), is to have the chance to enhance its holding when another minority shareholder, Hopa, sells its stake.
Leading Associations Join Tyre Industry Federation
(Clacton, U.K./Tyres & Accessories) The Tyre Industry Federation (TIF) has strengthened its position as the leading authority for the tyre industry by voting to accept the Industrial Tyre Association, National Tyre Distributors Association, Retread Manufacturers Association and Tyre Recovery Association.
Yokohama Applies for Construction Machines Radial Tyre Patent
(Clacton, U.K./Tyres & Accessories) Yokohama Rubber Co. Ltd. is in the process of patenting a method of producing radial tyres for construction vehicles.
Bulgarian Tyre Recycling Plant Goes Online
(Clacton, U.K./Tyres & Accessories) Bulgarian company Ecoprocess (Dobrich) has completed the construction of a tyre recycling factory.
NY Dealers to Get TPMS Briefing
(Akron/Tire Review) The New York Tire Dealers Association will be hosting a general meeting on Mar. 16, beginning at 7 p.m., at the Fox Hollow in Woodbury, N.Y.
NCTDRA Readies for Annual Convention & Trade Show
(Akron/Tire Review) The North Carolina Tire Dealers & Retreaders Association will hold its annual convention and trade show on Mar. 31 to Apr. 1 at the Embassy Suites & Convention Center in Raleigh, N.C.
Executive Promotions Announced at Falken
(Akron/Tire Review) The new year has brought new job assignments for some key Falken Tire Corp. executives.
Amtel Buys Six More Stores
(Akron/Tire Review) Continuing its aggressive move into retail tire distribution, Amtel-Vredestein NV acquired six multi-brand tire sales and service centers from Vils Group. The locations are in the Perm region of Russia, about 1,000 miles east of Moscow.
Corvette Production Impacted Due to Wheel Supply Disruption
(Clacton, U.K./Tyres & Accessories) Production of certain models of Corvette could be delayed as a result of wheel supply interruption. Supplier Amcast went into bankruptcy on Dec. 2, 2005.
Beru Sells Cable Plant in Mexico, Establishes Sales Subsidiary
(Clacton, U.K./Tyres & Accessories) Beru AG of Germany has sold its Mexican subsidiary, Beru S.A. de C.V., to Mexican corporations General Cable Holdings Mexico S.A. de C.V. and General Cable de Latinoam
Tirecraft Raises $106,000 for Breast Cancer Research
(Longueuil, Quebec/Tire News) To help raise donations for breast cancer research in 2005, over 80 Tirecraft locations either held their own fundraising events, or participated in the CIBC Run for the Cure. The final amount raised over the year was $106,759.