Union is Optimistic a Deal Can be Reached Without Strike
(Akron/Tire Review – Des Moines Register) Al Skinner and Mark Highland both live in the Des Moines area, but they could be spending a lot of time together in St. Louis in the next several weeks.
Cabot Announces First Quarter Results
(Staffordshire, U.K./Tyres & Accessories) Tyre industry carbon black supplier Cabot Corp. has announced a net income of US$54 million for the first quarter of 2007.
Conti Expresses Interest in Siemens VDO
(Akron/Tire Review) AFX reported this morning that Continental AG has expressed interest in acquiring TPMS-maker Siemens VDO.
Titan Secures $200 Million Bond, Warns of Losses
(Staffordshire, U.K./Tyres & Accessories) Titan International Inc. has announced that the company successfully secured a $200 million senior unsecured five-year bond on 28 December 2006 that allowed it to pay off its revolving credit facility.
Titan to Expand OTR Capacity in Freeport, Des Moines
(Akron/Tire Review) Titan International Inc. said it plans to expand capacity this year at both its Freeport, Ill., and Des Moines, Iowa, tire plants.
End Users Voice Servicing Concerns
(Douglasdale, South Africa/Southern Africa Treads) What do our customers think of us? More importantly, how do they rate our service levels?
Shares Strong for U.S. Tyremakers
(Staffordshire, U.K./Tyres & Accessories) After weathering some tough times of late, U.S. tyremakers have seen a rise in their shares during the last six months as natural rubber and oil prices lower and the threat of industrial unrest in the sector begins to fade.
New West Coast Account Manager for ASA
(Akron/Tire Review) ASA Tire Systems has hired Chris Light as a western U.S. account manager. He will work with customers in California, Hawaii, Nevada, Oregon and Washington.
NTDA Publishes its Reaction to the Run-Flat News
(Staffordshire, U.K./Tyres & Accessories) ATS Euromaster (ATSE) has published further details of its plans to launch a nationwide run-flat fitting and puncture repair service.
Conti Chief Sees Tighter Financials Due to Acquisitions
(Akron/Tire Review) Continental AG’s expansion efforts in 2006 may have a negative impact on its 2007 profits.