Bridgestone Names New Chief Technology Officer

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Bridgestone Americas has named Nizar Trigui to the new role of chief technology officer.

Trigui will expand a role currently held by Steve Charles, vice president of product development for Bridgestone Americas. Charles will now work as Bridgestone Americas’ lead representative in a joint global effort to better integrate and set strategic direction for Bridgestone Americas Ce​nter for Research and Technology, Firestone Polymers and the guayule project, Bridgestone said.

Read the source article at Tire Review

Coker Tire Museum – Traveling Through Time

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America’s landscape is laced with “pockets of discovery,” places that reveal treasures that all too often fall below the radar. Case in point is a city many consider to be the Crown Jewel of the South—Chattanooga, Tennessee. Nestled along the banks of the Tennessee River, which cuts and winds through the bucolic highlands of the Volunteer State, Chattanooga hosts several treasures that will make the automotive, truck, and motorcycle aficionado cry bonanza. One is the Coker Tire museum.

Read the source article at Truck Trend Network

King Tire adds ContiLifeCycle at 2nd plant

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BLUEFIELD, W.Va. — King Tire Service Inc. has renewed its commitment to the ContiLifeCycle retreading system and converted its second plant, in Bristol, Va., to the Conti system, according to Continental Tire the Americas L.L.C.

King Tire was the first ContiLifeCycle partner in the U.S., agreeing in 2011 to convert its retread plant in Bluefield to the Conti system.

The location in Bristol is a former Blevins Tire & Recapping shop that King Tire took over in 2014 and continued to operate until now as a Marangoni-system operation, according to Ed King, vice president of King Tire Service and manager of recapping and warehousing.

The company decided last year to upgrade the Bristol facility with new equipment and convert it to the ContiLifeCycle system, Mr. King said, without disclosing the firm’s investment in the renovation.

Read the source article at Tire Business

Kenda Partners with VORE Adrenaline Compound

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Kenda Tires has been named the Official Tire Sponsor of the off-road driving experience VORE Adrenaline Compound.

“We are happy to announce our partnership with the VORE Adrenaline Compound,” said Jimmy Yang, president of Kenda Tires. “VORE will be another platform for Kenda to prove the durability and performance of our light truck products as well as our ultra-high performance tires.”

Read the source article at Tire Review

Hankook Opens Test Centre in Finland

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Located 300 km north of the Arctic Circle in Ivalo, Finland, Technotrac is Hankook Tire’s new state-of-the-art winter tire testing facility.

The opening of Technotrac, says Hankook, marks a major milestone for the tire manufacturer, proving that its winter tires are tried and tested in the world’s most severe winter conditions.

Read the source article at Autosphere.ca

ITC decision leaves USW, retreaders reeling

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WASHINGTON (Feb. 24, 2017) — The United Steelworkers (USW) union and U.S. retreaders are reeling in the wake of the U.S. International Trade Commission’s (ITC) decision to not impose import duties on Chinese truck and bus tire imports.

The 3-2 ITC vote on Feb. 20 that the U.S. truck and bus tire industry has not suffered material injury because of Chinese imports means the U.S. Department of Commerce will not order U.S. Customs and Border Protection to collect antidumping and countervailing duties from Chinese truck and bus tire manufacturers and importers.

The USW union, which had petitioned the ITC for duties a year ago, expressed disappointment at the agency’s decision, as did represesentatives of the U.S. retreading industry, which supported elevated duties on Chinese truck/bus tires as a way to keep an important price differential between new Chinese tires and retreaded truck tires.

“Of all the stakeholders in this, retreaders are the ones who are hurt the most,” said Terry Westhafer, president of Verona, Va.-based retreading firm Central Tire Co.

Considering the fact that the Commerce Department had issued final antidumping and countervailing duties against Chinese tire makers in late January, Mr. Westhafer said it is hard to understand how the ITC failed to find material injury in this investigation.

Read the source article at Tire Business

Ontario Helps Leading Manufacturer Create and Protect Jobs in Elora

Ontario is partnering with Polycorp Ltd. to support a multi-million dollar expansion at the company’s manufacturing facility in Elora, creating 26 new jobs and retaining 146 positions.

Ontario is investing up to $2.5 million through the Jobs and Prosperity Fund for this project, supporting an additional investment of more than $14.5 million from Polycorp, for a total project value of $17 million. The project is expected to be completed in 2022.

Polycorp is a leading Canadian designer and manufacturer of engineered rubber products that mitigate risk associated with corrosion, abrasion, impact, noise and vibration for a variety of applications in the transportation, mining and protective linings industries. The company serves customers in 38 countries worldwide.

With support from Ontario’s Jobs and Prosperity Fund, the company is investing to purchase new equipment, create a testing laboratory and expand its manufacturing facility. This will help boost productivity and competitiveness, increasing exports and revenues.

Read the source article at Newsroom

Titan International – 16% on Q4 earnings disappointment

Titan International (TWI -16.6%) plunges more than 15% after reporting a sharply wider than expected Q4 loss on roughly flat revenue that also fell short of expectations.

TWI had said with its Q3 report that it believed TWI had reached the bottom on revenue, and the company reaffirms this view and that 2017 will demonstrate this; CEO Paul Reitz says he is encouraged by comments from customers concerning its products, especially the LSW wheel and tire line.

TWI says Titan Tire Reclamation is progressing in the oil sands, and it expects the unit’s operations will add to both sales and EPS; it says it received seven formal bids for its Italtractor ITM undercarriage unit, but has ended the sales process given improvement in the business.

Read the source article at Stock Market Insights

Bridgestone names executive VP to see over solutions businesses

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Tokyo – Bridgestone has promoted chief quality officer and executive vice-president Shuichi Ishibashi to a head “solutions”-orientated businesses within the rubber group, according to a Bridgestone spokesman.

In addition to his responsibilities to manage global OE and diversified products, Ishibashi has now been put in charge of a number of relatively new positions, including executive chairman, diversified products solution in-house company; CEO of global mining and agricultural solution in-house company; and CEO of diversified products solution in-house company.

Explaining the process to ERJ, the Bridgestone spokesman said…

Read the source article at European Rubber Journal

Yokohama completes acquisition of Japanese industrial tires producer

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Tokyo –Yokohama Rubber Co. (YRC) has completed the previously announced acquisition of Aichi Tire Industry Co.

Headquartered in Komaki, Aichi, Aichi Tire manufactures tires for industrial machinery, including forklifts, and Yokohama expects the acquisition to strengthen its position in that product sector.

Aichi Tire’s products include solid tires and press-on tires. The company supplies the tires to mainly Japanese-based industrial machinery manufacturers.

Read the source article at European Rubber Journal