Goodyear Promotes Three in Consumer Tire Organization
(Akron/Tire Review) Goodyear’s North American Tire operations made a number of personnel changes.
Workers Think Goodyear Can Save Valleyfield Production
(Akron/Tire Review) CBC has reported that union workers at Goodyear’s Valleyfield, Quebec, tire plant and government officials are working on a plan to maintain tire production at the plant.
Michelin Military Deal Worth $368 Million Minimum
(Akron/Tire Review – Defense Industry Daily) Michelin Aircraft Tire Co. will get a minimum $368.4 million fixed price with economic price adjustment contract for tires supplied to the U.S. Army, Air Force, and Marine Corps.
Arnco Celebrates 35th, Sees Bright Future Ahead
(Akron/Tire Review) Polyurethane tire flatproofing producer Arnco, fresh off of celebrating its 35th anniversary last year, expects the market for flatproofing to continue “growing at a dramatic pace.”
Goodyear Weathers Strike Storm, Looks Forward
(Akron/Tire Review) Eighty-six days. Sixteen plants. Fifteen thousand employees on strike. An estimated $360 million in strike-related losses. Strained relations with the United Steelworkers. In the end, Goodyear officials told financial analysts during a conference call yesterday, it was all worth it.
CMA Adds Territory Manager
(Akron/Tire Review) China Manufacturers Alliance has hired Todd Moore as its Midwest territory sales manager.
Conti & Microsoft to Share Technology
(Clacton, U.K./Tyres & Accessories) Continental AG and Microsoft Corp. have announced the formation of a strategic partnership between the two organisations to develop wireless technology for vehicles.
Sibur to Target U.K. Market
(Clacton, U.K./Tyres & Accessories) Sibur tyres may soon be available at your local independent garage or tyre fitter.
Michelin Voted Top in Customer Satisfaction
(Clacton, U.K./Tyres & Accessories) According to a Japanese survey, Michelin ranks number one when it comes to customer satisfaction with its tyres on compact, passenger and 4×4 vehicles.
Pirelli Granted New Line of Credit
(Clacton, U.K./Tyres & Accessories) Pirelli Tyre SpA, Europe’s third-biggest tyremaker, has arranged a line of credit worth 500 million euros (≤337 million) in an attempt to improve the company’s financial structure and boost flexibility.
When the Rubber Hits the Rubber
(Clacton, U.K./Tyres & Accessories) Old tyres that once drove along city streets are now on the receiving end of a different kind of traffic.
Rolling Strong: Commercial Tire Market Will See OE Slowdown, Replacement Rebound
As the old saying goes, “Things will get worse before they get better.” That’s the operative statement for the North American commercial tire industry in 2007. In a proverbial nutshell, the OE forecast for 2007 looks down, while the replacement market will rebound from 2006. The main impetus behind that forecast rests in Washington, D.C.