TGI Personnel Grows with New Leadership
Tire Group International has added several personnel to its international and domestic sales teams. The international team hired Nelson Garces and Luis Betancur and the domestic team added Perry May to its staff. Garces will serve as the company’s manager of its off highway division. Garces will lead TGI’s OTR sales initiatives throughout
Cooper Updates Status of Financial and Operational Data at Chinese Joint Venture
Cooper Tire & Rubber Co. issued the following statement regarding the status of financial and operational data entry at its Cooper Chengshan (Shandong) Tire (CCT) joint venture facility in Rongcheng, China: "Cooper has continued to work with the joint venture partner and labor union at CCT to restore normal operations as soon as possible. Last
Judge Dismisses French Workers’ Suit Against Goodyear
A U.S. judge has thrown out a lawsuit filed by French union workers against Goodyear Tire & Rubber Co. The suit was the latest action in a dispute between the tiremaker and its workers at its tire facility in Amiens, France. The U.S. District Court Judge in Cleveland, Sara Lioi, ruled against workers who sued
Bosch 2014 Brake Components Print Catalog Available
The Bosch Braking Components print catalog for 2014 provides a comprehensive listing of all of the company’s friction lines for domestic, Asian and European vehicles in the U.S. and Canada. Also included are parts available in the Bosch Brake Products line for vehicles in Mexico. It covers vehicles from 1946 to the current model year,
Mesnac Consolidates Regional Operations Into Global Tooling Division
In order to consolidate its operations in the U.S.A., U.K., Slovakia and China into one single business unit, Mesnac has created a global business, the Mesnac Tooling Division (MTD). This division will provide tooling support to Mesnac’s Tire Building machine divisions in China and Slovakia and to its subsidiary Beijing Jingyie. The division’s technology platform
Cooper Tries to Clarify CCT, Financial Report Situations
With continuing confusion over its current status with Chinese joint venture Cooper Chengshan (Shandong) Tire and necessary U.S. financial reporting, last evening Cooper Tire & Rubber Co. issued the following statement: “Cooper has continued to work with the joint venture partner and labor union at CCT to restore normal operations as soon as possible. Last
With Workout Nearly Done, Analysts Sees Bright Kumho Future
Korea Investment & Securities anticipates that a continually improving financial position at Kumho Tire Co. makes the company good value for investors. In comments published by English-language Korean publication IT Times, analyst Kim Jin-woo said the tiremaker’s debt burden is falling rapidly, and he opines that this financial turnaround isn’t yet reflected in the current
Maxxis Builds Brand Awareness at 2014 Australian Open
For the fourth straight year, Maxxis will sponsor the Australian Open Tennis Tournament, which is scheduled for Jan. 13-26 in Melbourne.
Toyo Tire Canada Welcomes New President
Kiyohito Hasumi became president of Toyo Tire Canada Inc. on Jan. 1. Hasumi has been a veteran of the Toyo Tires group for 18 years. He brings with him “extensive management experience in both the North America and Japanese markets” the company noted. Hasumi succeeds Shoji Hirao as president, who served as president since 2011.
Commentary: T&A Publisher Says Pirelli Now ‘For Sale’
As reported last week, Pirelli SpA CEO Marco Tronchetti Provera, whose family holds the largest single stake in the company, plans a full departure from the company, first as CEO and then as shareholder. The only point we can now speculate on is the timeframe this will occur within; Tronchetti says he plans to take
Tronchetti Provera to Leave Pirelli
To mark his upcoming 66th birthday on Jan. 18, Marco Tronchetti Provera granted German newspaper Frankfurter Allgemeine Zeitung a long interview. During this he shared his intention to step down as Pirelli’s chief executive in the coming two years and subsequently sell the family’s 25.1% in the company. His three children are following their own
Goodyear Files Complaint Over ‘Boss Napping’
Public prosecutor for the French commune of Amiens, Bernard Farret, reports that management at Goodyear Dunlop Tires France have filed an ‘arbitrary detention and abduction’ complaint following the enforced detainment of two senior managers at the company’s Amiens Nord factory earlier this week. Production manager Michel Dheilly and human resources director Bernard Glaser were held