Industry Report
Reports Say Georgia Site of Planned Toyo PlantIt’s existing capacity stretched to the limit, Toyo Tire & Rubber Co. took a giant step forward, announcing on Feb. 17 plans for a new $150-million passenger and light truck/SUV tire plant that would come on stream in 2006. News reports out of Atlanta in early February indicated the company received approval to build the plant in Bartow County, Ga., about 60 miles north of Atlanta. Toyo said the plant would have the capacity to produce two million consumer tires per year.
Industry Report
Working its way out from under a $728,000 deficit, the Tire Industry Association (TIA) is closing its Louisville, Ky., offices and training center and consolidating all of its operations at the association’s headquarters in Bowie, Md. The move was announced Jan. 12 and is effective as of Feb. 1.
Industry Report
Despite posting third quarter losses of $105.9 million, with the anticipation of further negatives in the fourth quarter, Goodyear Tire & Rubber Co. officials insist that its cost-cutting moves are on track to help turn around the financially struggling tire giant.
Industry Report
Master contract talks between Bridgestone Americas Holding (BAH) and the United Steelworkers of America (USWA) shattered Nov. 13 after union negotiators walked out of a bargaining meeting claiming the company’s contract proposal was "so far off the mark" and setting the stage for a possible strike at BAH tire plants across North America.
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.
Industry Report
It took seemingly forever, but NHTSA finally issued final tire performance and testing standards in late June – more than a year after its initial proposal was revealed. The new standards feature more stringent performance test parameters, including a controversial low inflation pressure test provision.
Getting it Right: TCI’s Careful Selection of Dealers and Program Offerings is Paying Off
David Snyder, vice president of small tire marketing and sales, has been with Tire Centers LLC (TCI) since the company was formed in January 1986. Back then, TCI was focused on the commercial side of the industry – garnering less than 10% of its overall business from the retail side. All of that changed, however,
Industry Report
Still a Long Road Ahead for Troubled TiremakerDespite posting the worst losses in the company’s 105-year history, things began to look up for the financially troubled Goodyear Tire & Rubber Co. during a hectic early spring.
Industry Report
Famed Calif. Dealer May Disappear
Industry Report
NHTSA Delays Standards, Faces Suit