Kumho Edges Closer to Sale of Daewoo Engineering
Reports out of Seoul, South Korea, say that the country’s financial regulators have approved a deal where Korea Development Bank will acquire controlling interest in Daewoo Engineering & Construction Co. from Kumho. The transaction for a nearly 40% share of the construction firm was put at $2.93 billion. There was no word when the deal
New MD For Pelmar Engineering
Pelmar Engineering has appointed a new managing director for Pelmar LLC USA
Goodyear Has Engineering Career Day for Young Women
Goodyear Tire & Rubber Co plans to hold its 8th Engineering Career Day for Young Women at the company’s Akron headquarters on Apr.19.
Yokohama Points to New Winter Tyre Engineering Breakthrough
(Staffordshire, U.K./Tyres & Accessories) Did you know that it is actually more hazardous to drive on ice when the temperature is between -6 and 0 degrees Celsius than when temperatures are colder?
Conti Automotive Systems Opens First “Full-Scale” Engineering Centre in Asia
(Staffordshire, U.K./Tyres & Accessories) In a move that acknowledges the importance of Asian manufacturers to global vehicle production, Continental AG’s Automotive Systems Division has opened its first full-scale integrated engineering centre in the region.
Conti Invests in China Engineering Centre
(Staffordshire, U.K./Tyres & Accessories) Continental AG’s Automotive Systems Division has announced plans to build a dedicated engineering centre in China.
Cooper Names Schrum to Engineering Post
(Akron/Tire Review) Cooper Tire & Rubber Co. named Franklin Schrum Jr. as project manager for corporate facilities engineering.
Kumho Parent in Bidding for Daewoo Engineering
(Akron/Tire Review) Reuters has reported that five South Korean companies, including Kumho Tire Co. parent Kumho Asiana Group, have submitted bids to acquire Daewoo Engineering & Construction. The deal is estimated to be worth some $5 billion.
Report: Baled Tyres Provide Good Foundation for Civil Engineering
(Clacton, U.K./Tyres & Accessories) Baled tyres can play an important role in large civil engineering projects, research from Onyx Environmental Trust has found.
Baer Promotes Cheek to Engineering Director
(Akron/Tire Review) Baer Brake Systems has promoted Nicholas Cheek to director of engineering.