United to Dynamic: Despite Family History, Dynamic’s Sherkin Not Looking Backward
The Sherkin family has a prominent place in the Canadian tire industry. Harry Sherkin started United Tire back in 1944 buying and selling retreads. Brothers Morris, Charles and Joseph joined the company as it grew into a major retreader, private brander and, finally, a manufacturer. The family business was sold to Pensler Capital Corp. in
Industry Report
Conti to Add "Low Cost" Production for N.A.Continental AG announced plans to spend upwards of $306.9 million to boost tire capacity in low-cost countries, primarily to benefit its struggling North American operations. In addition, Continental officials said the company is still seeking a partner in China.
Old Name Renewed: Cooper Tire Re-Launches Avon Brand in Partnership with The Tire Rack
Cooper Tire Re-Launches Avon Brand in Partnership with The Tire RackSince acquiring the Avon brand in 1997, Cooper Tire & Rubber Co. has readily admitted it had no real strategy for the 119-year-old brand. Over the last seven years, there were plenty of other things for Cooper to focus on. Consequently, there was no real effort to leverage the historic name.
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RMA Cuts Support After Court Ruling Hopes for a tire industry checkoff program were dealt a couple of significant ®€“ potentially fatal ®€“ blows in late February after yet another court ruled that a popular checkoff program’s consumer education effort was unconstitutional, and the RMA withdrew support for the proposed program.
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
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.
Playing to Strengths: Yokohama Looks to Technology to Bolster Its Global Position
As the man ultimately in charge of Yokohama Rubber Co. (YRC) tire efforts, Hisao Suzuki is in a unique position to see the global tire industry from multiple perspectives. Suzuki has been instrumental in Yokohama’s recent worldwide successes and growth, and in the recovery of Yokohama Tire Corp. here in the U.S. Suzuki, 63, was
Industry Report
After nearly seven years of trying to reshape Goodyear into the world’s largest tiremaker only to see it backslide to the brink of financial disaster, Sam Gibara is out.
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.