Nexen Tire Forms Partnership With Plug And Play for Technology, Business Development - Tire Review Magazine

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Nexen Tire Forms Partnership With Plug And Play for Technology, Business Development

Nexen Tire has formed a strategic partnership with Plug and Play, a corporate innovation platform and startup accelerator.

Tire Review Staff
By Tire Review Staff
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Nexen Tire has formed a strategic partnership with Plug and Play, a corporate innovation platform and startup accelerator.

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Nexen Tire says the partnership with Plug and Play will enable the company to realize its “open R&D” philosophy, offering collaboration and partnerships, especially to firms in the tire technology field.

The companies announced the partnership June 13 at Plug and Play’s headquarters in Sunnyvale, California, forming a strategic partnership to pursue innovative collaborations in the tire and mobility industries, Nexen Tire says. The announcement was made during the Summer Expo, one of the largest events at Plug and Play with over 500 attendees from major OEMs, top automotive suppliers, top tier venture capitalists and startups.

Plug and Play was an early investor in Silicon Valley firms including PayPal, Lending Club, Dropbox and SoundHound.

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Tire Industry Labor Shortage: Improve This to Keep Employees

I’ve spoken to many representatives from manufacturers, wholesalers and retailers who report that techs, counter people, drivers and even white-collar team members have walked off the job, failed to report, or given notice, and their businesses have been impacted by these departures. This isn’t just a tire industry issue—and goes beyond the tech shortage that

Phillip Kane
By Phillip Kane
After beginning his career as a paperboy, Phillip Kane went on to spend more than 25 years in some of the best-known automotive, industrial, consumer durables, distribution and banking businesses in the world. Currently, Phillip is CEO and Managing Partner of Grace Ocean, LLC a boutique advisory firm located in northeast Ohio serving clients ranging from Fortune 500 corporations to mid-market private-equity-backed firms. Phillip also acts as a Senior Advisor to Stout Risius Ross and Rothschild & Co, where he brings operational expertise to their investment banking businesses. Previously he was the Chief Commercial Officer in Key Markets at Pirelli in Milan, Italy working in their commercial truck tire business. Prior to Pirelli, Phillip spent 11 years working for the Goodyear Tire & Rubber Company. Before that, Phillip held executive roles with Genuine Parts Company (NAPA) and Snap-On, Inc. He is the author of the book, The Not So Subtle Art of Caring: Letters on Leadership from John Hunt Publishing, London. He is a contributor to Inc. Magazine and Tire Review writing on leadership issues and topics relevant to the trade and currently lives in Akron, Ohio, the rubber capital of the world.
Published:
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I’ve spoken to many representatives from manufacturers, wholesalers and retailers who report that techs, counter people, drivers and even white-collar team members have walked off the job, failed to report, or given notice, and their businesses have been impacted by these departures. This isn’t just a tire industry issue—and goes beyond the tech shortage that has plagued the industry for decades.

Read Full Article

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