Sumitomo Rubber North America Hires VP of OE
Sumitomo Rubber North America has hired David Colletti as its vice president of original equipment.
Kenda’s Yang Honorary Cavs Captain
On what some describe as the biggest night in Cleveland sports history, Kenda Tire’s Jimmy Yang served as honorary captain on the court last night as the Cleveland Cavaliers opened their season against the New York Knicks. Before tip off, the entire Cleveland Cavaliers organization accepted their rings, raised the banner and were honored as
Sumitomo Rubber Signs Sponsorship Agreement with Soccer Team
Sumitomo Rubber Industries has entered into a “platinum” sponsorship agreement for its Falken brand with FC Ingolstadt 04, a team competing in the Bundesliga German pro soccer league. Sumitomo first started sponsoring FC Ingolstadt 04 in 2015. Effective through July 2017, the new deal allows the tiremaker to broadcast commercials on the big screen at
Nexen Hires New VP of Sales
Industry veteran John Thomas has joined Nexen Tire America Inc. as its new vice president of sales for the U.S. market. In his new position, Thomas will lead a growing sales force that includes outside sales reps, a sales management team and an inside customer service team. Thomas has more than 32-years industry experience. Prior to
SRI Sponsors ‘Red Bull Air Race Chiba’
Sumitomo Rubber Industries’ Falken brand will be the official partner of the “Red Bull Air Race Chiba 2016.” Red Bull Air Race Chiba is the third of eight races being hosted as part of the Red Bull Air Race World Championship. The race is scheduled for June 4 and 5 in Chiba, Japan.
TAG Hits Record Numbers in Year 2014
Paul Alves, president of the Tire Alliance Groupe, presented record-setting results for 2014 to its membership at the group’s annual Spring meeting in Charleston, S.C. TAG paid out record dividends – $10.4 million in rebates and bonuses – to its members in 2014, according to the group’s president. Alves stated that the 2014 growth by
Strong Growth for Sumitomo Rubber Industries in H1 2014
Robust growth was once again order of the day at Sumitomo Rubber Industries (SRI). The company reports that in the first half of 2014 its turnover has increased to 379 trillion yen ($3.7 billion). This growth almost exclusively came through the company’s tire business; SRI is the second largest Japanese tiremaker and its active worldwide
With Imports Growing, Isn’t it Time for Representation?
It was with great interest that I read of Federal Tire Corp. and Kenda Rubber Industrial Co. joining ITMA in Europe. ITMA is the Imported Tire Manufacturers’ Association, which now has 21 members and is charged with representing and supporting the best interests of those firms importing tires into Europe. “With the sheer volume of
With Lips Tight, We Try to Explain the Goodyear-SRI Implosion
Looking at the Goodyear-Sumitomo kerfuffle, there have been a lot of questions about the future of the Dunlop brand in North America and what the potential ramifications of this rather odd divorce. For background, on Feb. 13 we learned that Goodyear had filed for dissolution of its joint venture with Sumitomo Rubber Industries, a partnership
Goodyear Break-Up Might Mean Bad News for Sumitomo
While the news that Goodyear Tire & Rubber Co. is looking to exit its international joint venture with Sumitomo Rubber partly precipitated a 10% intra-day leap in Goodyear’s share price, commentary on the latest financials published by Sumitomo suggests that the JV break-up the two companies are currently in arbitration over what could be bad