All the necessary antitrust and regulatory approvals for China National Chemical Corp.’s (ChemChina) majority share purchase of Pirelli & C. SpA have been obtained and the deal will be complete on Aug. 11.
First announced in March, ChemChina has agreed to purchase Pirelli’s majority shares from holding company Camfin for roughly $7.6 billion.
Under a previously made agreement, ChemChina will launch a mandatory tender offer for the remaining shares at 15 euros each.
The company secured gold awards in four categories, including Best Employer, Best Auto Repair, Best Car Wash and Best Auto Detail.
McCarthy Tire Service has been recognized by readers of the Wilkes-Barre Times Leader in its Best of the Best contest. The company secured gold awards in four categories, including Best Employer, Best Auto Repair, Best Car Wash and Best Auto Detail. Additionally, the company received a silver award in the Best Tire Shop category.
At CES, Autel Energy showcased its suite of EV charging solutions and an electrified 1969 Ford Bronco.
Nearly all products in the Firestone family of tires have been upgraded over the past three years, and Bridgestone is on track to have all of its consumer tire portfolio across both the Bridgestone and Firestone brands either upgraded or replaced by the end of 2020.
Nokian Tyres opened its first U.S. manufacturing facility and launched numerous new products. See what’s in store for 2020.
Nexen Tire opened its North American Technology Center and debuted the Roadian GTX. Find out what’s in store for 2020.
Continental Tire executives talk about the status of the PLT tire market, the company’s strategic balance between OE and replacement tire offerings, and more.
Anyline received around $2.86 million to fund research and development of Closed Loop Training for artificial intelligence models.
In this role, Rob Schroeder will oversee all of material handling, port, earthmoving and agriculture tire business in the United States and Canada.
Zurcher previously served as COO for Best-One Tire for the past seven years.
