Conti Aims to Complete Chinese Plant Plans by Q2
(Clacton, U.K./Tyres & Accessories) Continental AG representatives say they are aiming to finalise plans for a 300 million euro investment in a tyre plant in China by the second quarter of this year.
USW Lashes Out at CTNA After Charlotte Cut Announcement
(Akron/Tire Review) Just a day after Continental Tire North America (CTNA) announced major cutbacks and layoffs at its hometown Charlotte, N.C., passenger tire plant, the United Steelworkers (USW) issued what it termed a “stinging criticism of management’s failure to understand how to compete in North America.”
High-Stakes Niche: Industrial Tires Can Offer High Margins and Opportunity, But at a Cost
In the simplest of terms, if U.S. factories are working at or near capacity, warehouses should be busy and the market for forklift or towmotor tires should be strong. To that point, the National Association of Manufacturers reports that the manufacturing economy is generally expanding, and manufacturing employment is up by 12,000 jobs as of
New Brand For New Market: Amtel-Vredestein Launches “Premium” Vredestein Brand in Russia
Amtel-Vredestein Launches “Premium” Vredestein Brand in Russia
Surviving the Big, Bad B: Confronting Bankruptcy
Bankruptcy looms in your future. If not for you, personally, then for one of your customers, employees or vendors. Chances are good at least one of you will end up in bankruptcy court. Nobody wants to think about bankruptcy. That’s understandable. However, now is the time to give it some serious attention. In April, the
Revealing Your Potential: The Complete Business Makeover
When was the last time you looked at your tire dealership – not as a business manager but as an objective observer? If it’s been a while, take a step back and really study your business. What do you see? Sagging sales? Unbalanced balance sheets? Peeling paint? If you’re suffering from any of those, it
Out of the Ordinary: Cooper’s Top Exec Discusses Recent Transformation, Global Ambitions
To get a sense of Cooper Tire & Rubber Co. and its chairman, president and CEO, you need look no further than Tom Dattilo’s corner office. Unlike the vistas other captains of industry enjoy from their lofty perches, Dattilo’s third-floor office overlooks Oler’s Drive Thru, a convenience store that stands as a stark reminder of
Action and Reaction: Can Private Brands Survive a Shakeout?
When evaluating the private brand tires you carry, ask yourself one critical question: Can they survive a shakeout? “We are a pull through,” says Pat McLaughlin, president of SURE Tire, a cooperative buying group for private brand tires, about his business. “We can’t push anything into the market. We have to trail.” Reactionary. That’s the
The Far, Far East
equipment in sight. Looked like an Ohio road construction project. • Very stratified pecking order in most workplaces. Employees know only enough to perform precisely their job. Nothing more. If you ask them for anything beyond that, they have to go find the next guy in the order. • China has re-embraced its ancient cultures,
Shrewd Investing
Most experienced fleet managers and professional tire service providers appreciate the important role tires play in the overall operating cost equation for a trucking business. Much has been written and documented about the benefits of selecting the best tires for specific applications and vehicle configurations and then maintaining those tires to assure long service life.