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.
Michelin Recalls Pilot Sport Extra Load Tyres
(Clacton, U.K./Tyres & Accessories) Groupe Michelin is recalling its Michelin Pilot Sport Extra Load tyres in size 255/35ZR20 97Y.
Mill Tyres Awarded Pirelli Performance Centre Status
(Clacton, U.K./Tyres & Accessories) Pirelli Tyres has announced that Mill Tyres in Boston has been awarded Pirelli Performance Centre status. Mill Tyres becomes the 38th centre to achieve this prestigious award since the introduction of the PPC concept in the late 1990s.
Bridgestone to Build Synthetic Rubber Plant in China
(Akron/Tire Review) Bridgestone Corp. plans to spend some $100 million to build a synthetic rubber factory in China, which the company said is necessary to meet growing demand worldwide.
New York Man Enjoys Bowl Bonanza
(Akron/Tire Review) Bill Gibson from Islip Terrace, N.Y., is having himself one great week. Gibson and his three sons have been jetting around the country taking in five major college football bowl games, courtesy of Cooper Tire & Rubber Co.
Trust Fund Donations Top $3 Million
(Akron/Tire Review) Bridgestone Americas Holding said that the Bridgestone/Firestone Trust Fund donated more than $3 million to nearly 700 U.S. charities and non-profits in 2005, including more than $800,000 to charities in Middle Tennessee.
Tire Prices Increased From 1999 to $76, Study Reports
(Akron/Tire Review) The $15 billion U.S. replacement tire market has grown 34% since 1999, according to a new study from Research and Markets.
Amerityre Testing Planned Polyurethane Retreads
(Akron/Tire Review) Amerityre Corp. said that it has had “positive results” from both independent lab and field-testing of its proposed polyurethane tread stock for truck tire retreading.
First HDAW Seen As Hub for Suppliers and Distributors
(Akron/Tire Review) The inaugural Heavy Duty Aftermarket Week (HDAW), set for Jan. 23-27, at The Mirage in Las Vegas, will include 12 aftermarket associations and marketing groups, making it the industry’s premier and central meeting place for suppliers and distributors.