ContiTech Releases Two Ag Products
Continental AG’s ContiTech division unveiled a new agriculture tire and track during the recent 2015 Farm Progress show. New products include a V-ply General Tire branded ad tire, and the Trackman Rowtech track. ContiTech’s new General V-ply agriculture tire offers low rolling resistance, high tread cut resistance, excellent traction and high mileage, the company said.
ContiTech Plant Celebrates Diamond Jubilee
ContiTech’s St. Marys, Ohio, engineered products plant celebrated its 75th anniversary on Aug. 22. “We are proud to share in this diamond jubilee celebration of a highly versatile and productive facility,” said Jim Hill, ContiTech CEO for the NAFTA Region. “This plant has made literally millions of rubber parts for many markets and industries, and
Conti Raises 2015 Earning Forecast
Continental Ag is raising its earning forecasts for 2015 following a strong first half of the year. The company is aiming to achieve an adjusted EBIT margin, operating earnings over operating sales, of 11%, according to the Continental. Previously, Conti had anticipated an EBIT margin of 10.5%. “We proved how strong we are in a
New ContiTech HQ, R&D Center Near Akron Officially Unveiled
ContiTech unveiled its new-look North American headquarters yesterday, with ContiTech NAFTA CEO Jim Hill pledging that the new organization would focus on its customers by bringing a wider range of new products to them. “We will continue to provide the same top-quality products and services to our existing customers and now, as a member of
BestDrive Expands South with Acquisition
BestDrive, a subsidiary of Continental the Americas, has acquired the commercial tire dealer and retreader Hill Tire Company, marking its first acquisition since its 2010 formation. “Hill Tire has built a strong reputation for quality service and people and this provides a solid foundation on which BestDrive will work to build,” said Clif Armstrong, managing
Scientists Awarded in ‘Natural Rubber from Dandelion’ Project
Leading scientists involved in a project titled “RUBIN – Industrial Emergence of Natural Rubber from Dandelion” have been awarded the prestigious Joseph von Fraunhofer Prize for their research on the Russian dandelion and the development of car tire prototypes based on dandelion rubber. Receiving the award were Dirk Prüfer, of the Fraunhofer Institute for Molecular
Sid Richards Expanding to Mexico
Carbon black manufacturer Sid Richardson Carbon & Energy Co. has begun the planning phase for the construction of a carbon black production facility in Mexico. “Based on the current demand for carbon black in North America and projections for the next five years alone, we are viewing this venture as a necessary move to serve
Conti Increasing Capacity at Chinese Plant
Continental AG will increase production at its Hefei, China, plant from 5 million tires annual to 14 million tires by 2019. “Expansion of the plant forms part of our long-term ‘Vision 2025’ strategy in which, since 2011, we have systematically invested more than €2 billion in the establishment and expansion of global production capacities and
Year One In the Books
The inaugural North American Tire & Retread Expo, held in New Orleans from April 15 to 17, came to a close after three days filled with industry speakers, training seminars, an international retread contest, a tradeshow and conferences. Show organizers even took the occasion to announced a six-year commitment to extend the show. One hundred
General Offering 100th Anniversary Sweepstakes
Continental AG’s General tire brand is celebrating 100 years in business with a consumer sweepstakes. As part of the sweepstakes Continental will award eight winners General t-shirts and hats; six winners a set of General tires; and four winners will receive an off-road driving experience. The four-day, three-night Odyssey trip for two includes a flight,
