Titan to Expand OTR Capacity in Freeport, Des Moines
(Akron/Tire Review) Titan International Inc. said it plans to expand capacity this year at both its Freeport, Ill., and Des Moines, Iowa, tire plants.
Arbitration Hearings Begin at Titan Freeport Plant
(Akron/Tire Review) Arbitration hearings have begun at Titan International’s Freeport, Ill., plant.
Titan Layoffs Contested, Arbitrator to Review
(Akron/Tire Review) Were the cuts because of a softening market for ag tires or for other reasons?
Titan Realigns Plans as Bryan Deal Details Emerge
(Akron/Tire Review) Even as Titan International adjusted its sales and earnings targets, more details emerged from its purchase of Continental Tire North America’s OTR tire plant in Bryan, Ohio.
Acquisition Adds to Titan’s First-Quarter Sales Hike
(Akron/Tire Review) Titan International is starting to see results from its purchase of Goodyear’s ag tire business, posting first-quarter 2006 net sales of $182.6 million, up 34% from the $136.1 million in sales posted in the same period last year, the company said.
Out of the Ordinary: Cooper’s Top Exec Discusses Recent Transformation, Global Ambitions
To get a sense of Cooper Tire & Rubber Co. and its chairman, president and CEO, you need look no further than Tom Dattilo’s corner office. Unlike the vistas other captains of industry enjoy from their lofty perches, Dattilo’s third-floor office overlooks Oler’s Drive Thru, a convenience store that stands as a stark reminder of
Harvest Time?: Ag Tire Dealers Need to Act Quickly Before Another Drought Comes
, ag tire dealers hurt. The market for ag tires depends directly on the strength of the larger agricultural economy, which, to say the least, has not been favorable. Continuing farm consolidations, more imports and fewer exports combined with steadily declining crop prices have hurt the farm economy. As if these conditions weren’t enough, farmers
Industry Report
Conti to Add "Low Cost" Production for N.A.Continental AG announced plans to spend upwards of $306.9 million to boost tire capacity in low-cost countries, primarily to benefit its struggling North American operations. In addition, Continental officials said the company is still seeking a partner in China.
Industry Report
RMA Cuts Support After Court Ruling Hopes for a tire industry checkoff program were dealt a couple of significant ®€“ potentially fatal ®€“ blows in late February after yet another court ruled that a popular checkoff program’s consumer education effort was unconstitutional, and the RMA withdrew support for the proposed program.
Industry Report
With a new three-year labor contract in hand, Goodyear Tire & Rubber Co. turned its attention to other restructuring issues as it works to right its financial ship. The tiremaker formally announced the closing of its Huntsville, Ala., plant, then laid off about 200 employees from its Tyler, Texas, facility.