Timken President Elected New SAE International VP of Automotive
(Akron/Tire Review) Jacqueline Dedo is the new vice president of Automotive for SAE International.
Exec Director Quits Balkrishna, Plans to Purchase Alliance
(Clacton, U.K./Tyres & Accessories) Former Balkrishna Industries Ltd. executive director Yogeshkumar (Yogesh) Mahansaria and his brother, Ashokkumar, have reportedly quit the fast-growing Indian tyre producer, citing “family differences” as the reason.
Kumho Announces a Greener Tyre
(Clacton, U.K./Tyres & Accessories) South Korea’s Kumho Tires has announced a tyremaking first, namely that it has developed products that incorporate a new environmentally friendly material known as Lyocell.
Iran to Benefit from Tyre Loans
(Clacton, U.K./Tyres & Accessories) The Saudi-based Islamic Development Bank (IDB) is planning to offer loans of approximately ≤4 million to help the development of Iran’s tyre industry.
Michelin Honoured in China
(Clacton, U.K./Tyres & Accessories) French tyremaker Michelin received several prestigious accolades in the important Chinese market during the closing months of 2006.
Michelin Scores Highly in Reputability Survey
(Clacton, U.K./Tyres & Accessories) Forbes magazine has ranked Michelin as the world’s fifth most reputable company.
TRIB Announces New International Member
(Akron/Tire Review) Teijin Twaron has recently joined the Tire Retread Information Bureau (TRIB).
Michelin to Lease DC in France
(Akron/Tire Review) Distribution facilities owner and developer ProLogis said it will buy a 79-acre parcel in Poitiers, France, from Michelin and use it to build a 344,000-square foot distribution center that it will lease back to the tiremaker.
Universal Underwriters Adopts Zurich as Brand Name
(Akron/Tire Review) Universal Underwriters Group has adopted the brand name Zurich as of Jan. 2.
Goodyear Completes Sale of Tire Fabric Operations
(Akron/Tire Review) Goodyear Tire & Rubber Co. announced that it has closed the sale of its tire fabric operations to South Korea-based Hyosung Corp., pending post-closing adjustments and completion of the sale of its Americana, Brazil, operation.
CTNA Appoints New Manager, PR and Communications
(Akron/Tire Review) The PLT replacement sales and marketing group of Continental Tire North America Inc. (CTNA) has appointed Dana Zamalloa manager, public relations and communications.
Falken’s Honda Retires; Tanaka Takes Reigns as CEO
(Akron/Tire Review) Falken Tire Corp. announced that Hideo Honda, chief executive officer and chairman, has retired as of Jan. 1.