Trelleborg Has Development Deal With Equipment Maker
Trelleborg Wheel Systems and Agco have signed a long-term agreement in which the two companies will cooperate in the development of agricultural tires. As part of the new deal, Trelleborg brand ag tires will be fitted OE on some of Agco’s Challenger, Fendt, Massey-Ferguson and Valtra brand tractors. “By sharing research and development tools and
Workers, Kumho Petrochemical Agree to Wage Freeze
One of Kumho Petrochemical’s main businesses is the production of synthetic rubber, much of which is supplied to the tire industry. The company’s Ulsan plant in South Korea alone produces in excess of half a million tons of synthetic rubber per annum. To tackle the company’s recent economic crisis, in late January the Kumho Asiana
Goodyear Goes Outside to Get NAT President
Curt Andersson has been named president of Goodyear’s North American Tire unit, a position that has been “open” since current NAT president Rich Kramer was promoted to COO of the global company last year. Andersson, 48, comes to Goodyear from Crouse-Hinds of Syracuse, N.Y., were he served as president of the Cooper Industries unit. Prior
Michelin and Volvo Extend Partnership
Michelin and the Volvo Group have signed a contract extending the agreement that has made Michelin the Swedish automotive manufacturer’s main tire supplier since 2003. The two companies will now work together on innovation projects. Under the contract signed on Jan. 25, Michelin will supply truck tires as OE for vehicles assembled by Volvo in
Hankook’s Hungary Plant Reaches the 10 Million Milestone
The 10 millionth Hankook tire rolled off the production line at the company’s Racalmas, Hungary production plant in January. According to the company, a Hankook Ventus V12 evo was the “anniversary” tire that came out of the heating mould, which is fitting since markets for UHP and environmentally-friendly tires have reportedly shown particularly strong growth
Pirelli’s Growth Apparent in ‘Sustainability Yearbook’
The Dow Jones Sustainability Indexes, (DJSI) published by SAM, have since 1999 given global indices that track the financial performance of the world’s leading sustainability-driven companies. Providing a basis for the DJSI is the Sustainability Yearbook 2010, published by SAM and PricewaterhouseCoopers. The Sustainability Yearbook 2010 contains sustainability insights into 58 sectors, with the top
GM Concept Vehicles Shown on Bridgestones
Concept vehicles are an integral part of the motor show circuit, and the North American International Auto Show in Detroit is no exception. Bridgestone Americas Tire Operations (BATO), in cooperation with General Motors, has debuted two new fitments on GMC and Cadillac concept vehicles at the show. The GMC Granite, a small, highly versatile, premium
Kumho Debt Workout Deal Coming in February: Report
The Korea Herald reports that details of the debt-workout plans for Kumho Tire and Kumho Industrial, units of troubled Kumho Asiana Group, will probably be settled in February. Creditors have selected PricewaterhouseCoopers Korea and Deloitte Anjin LLC to conduct due diligence on the plan, reports said. The accounting firms may take at least two months
Vredestein and Carlsson Announce Relationship
Details of a cooperative partnership between Vredestein and vehicle stylist Carlsson were announced Jan. 11. Vredestein Germany managing director Michael Lutz stated, “In Carlsson, we now have a strong partner in the field of premium styling. Carlsson is one of the best car tuning manufacturers anywhere in the world. Above all, the Carlsson name stands
Sports Marketing Proves That a Rolling (Bridge)Stone Gathers No Moss (Part I)
Bridgestone Americas is not just an all-star player in the tire industry, the company has also become an MVP in sports marketing. The Bridgestone brand is the official tire of the NFL, NHL and PGA Tour, and sibling Firestone last week became the first official tire of MLB, adding to a roster that also includes