Strong People, Focused Strategy Has Cooper Moving, Says Armes
One could certainly see Roy Armes as the typical organizational man, given his long 31-year background with Whirlpool, where he held a number of domestic and overseas executive posts. But no doubt he is an operations man, and his turn as chairman, president and CEO of Cooper Tire & Rubber Co. bears this out. Armes
End the Tire Tariff or Deliver Accurate Impact Report, TIA Says
Nearly a year after the Obama Administration imposed a punitive added levy on China-made consumer tires imported into the U.S., TIA is calling on the president to either pull the plug or come up with an accurate report on the tariff’s true impact. One Sept. 26, 2009, the Administration imposed a three-year tiered additional tariff
Russian Tiremaker Making Production Push
Russia’s OAO Tatneft states production of solid steel core (SSC) tires is to increase at the Nizhnekamskshina factory it commissioned late last year. According to the manufacturer, this year it will draw upon technology provided by Germany’s Continental to produce 130,000 SSC certified tires in four different sizes, and by the end of the year
U.S.-China Trade Group Calls for Tariff Impact Review
Almost a year has passed since the U.S. imposed a tariff upon consumer tires imported from China. This tariff, which in its first 12 months added 35% to the existing 4% import duty, has been applauded in some quarters. United Steelworkers international president Leo Gerard, for example, stated in an April 2010 letter to President
Tariff Turmoil, Market Volatility Put Added Pressure on Private Brands
The private brand tire segment underwent a tumultuous 2009 as a result of the global economic downturn that affected all aspects of the tire industry, as well as the Obama Administration’s placement of heavy additional duties on passenger tires imported from China. Nearly 12 months after the three-year additional tariff on China-made tires kicked in
South Africa Takes on Chinese Imports
This story by Editor Liana Shaw of Southern Africa Treads magazine illustrates another country’s efforts to wrangle tire imports from China, and the implications for the local industry. The South Africa industry’s bid to implement tougher antidumping duties against Chinese tire plants was rejected in 2007 by local government. No basis for this decision was
Return to Double Coin Plants Shows Progress, New OTR and AG Plans
meet with Double Coin executives to get a sense of where the company is headed. Hosted by China Manufacturers Alliance (CMA), the group included Rick and Ryan Benton of Black’s Tire Service in Whiteville, N.C.; Dan Jensen of Love’s Travel Stops in Oklahoma City, Okla.; Verdo Gregory of Commercial Tire in Fresno, Calif.; Art LeBlanc
China Tire Dumping Claims Building Pressure on Makers
While most of the rainbow nation was preparing to welcome people from far and wide to the first World Cup on African turf, the country’s legal eagles were deliberating over whether or not to kick certain Chinese tires out of the country with an anti-dumping investigation. On June 5, the South African press reported that
Conti Said to Plan New Plant in India or Russia
Bloomberg BusinessWeek reports that Continental AG is eying a new tire plant in either India or Russia in a move to tap into those growth markets. “It’s obvious that we need to have local production in India and Russia if we want to be a strong player there,” Nikolai Setzer, head of Conti’s passenger tire
Bridgestone Sees Hot China Growth, Increasing Production
Bridgestone Corp. expects aggressive growth in China this year, regardless of how the country’s currency sits against the U.S. dollar. Sales of cars, SUVs, buses and commercial trucks in China are expected to exceed 2008 levels by more than 10%, according to Bridgestone China managing director Yujiro Kanahara. “We don’t expect China to increase tire