Hankook opens Cmf Lab for research in industrial tire design

Hankook has launched its CMF Lab – a database dedicated to the research and categorization of current design trends relating to color, material and finish (CMF). The CMF Lab is part of Model Solution, a company in the Hankook Technology Group, which supports tire manufacturing with creative future-oriented concepts. The CMF Lab will work together with the British design studio, Chris Lefteri Design.

Read the source article at Tire Technology International

Insider Buying Reaches a 10-Year High

A quick look at the activity of insiders in the last 30 days gives reason to believe that company executives are betting on the respective companies they represent like never before. This could be an indication of the equity market performance in the coming years. The subject of this analysis is to interpret the current trend of insider buying and selling using empirical evidence.

 

Read the source article at Value Investing

Titan to keep US facilities operating as normal

Titan International, which manufactures Titan Tires, Titan Wheels and Goodyear Farm Tires, has announced its intentions to keep its USA manufacturing plants operating as normal as part of its bid to help the national food and agriculture industries maintain operations during the COVID-19 outbreak.

Read the source article at Tire Technology International

Industry veteran Steve Hutchinson founds marketing, sales agency

HUNTINGTON BEACH, Calif. — Tire industry veteran Steve Hutchinson has founded Tire Brands America (TBA), a sales and marketing agency for foreign-sourced brands that don’t have a U.S.-based sales team and/or who may be underserved in terms of sales and marketing.

Read the source article at Tire Business

Michelin to immediately, permanently close Scotland tire plant

curata__E6K5UeIIim5v35F.jpeg

DUNDEE, Scotland—Michelin’s passenger tire plant in Dundee, targeted for closure by year-end, instead immediately will close permanently due to the COVID-19 pandemic.

Read the source article at Rubber and Plastics News

Donald Trump orders GM to manufacture ventilators | Car News

curata__luOq13rRide4sbs.jpeg

Last Friday, U.S. President Donald Trump ordered General Motors (GM) to manufacture respirators for coronavirus patients under the Defense Protection Act (DPA). This law gives the president enormous powers over the industry, such as dictating how big companies should contribute in order to meet critical needs. During the week the president had declined to issue the directive, arguing that companies, including GM, had come forward to manufacture the necessary equipment required by stakeholders.

Read the source article at Auto123

Marangoni makes contingency plans to service European customers

curata__4mEUwUP6VSBdaMt.jpeg

ROVERETO, Italy—With Italy in lockdown due to COVID-19, Marangoni Retreading Systems will rely on operations in Germany to continue servicing customers.

Read the source article at Rubber and Plastics News

New President of Continental North America Appointed

curata__a22dsSV5ToaGlZN.jpeg

Robert (Bob) Lee will take over as the new president of Continental North America.

He succeeds Jeff Klei, who will retire after serving more than 30 years in the industry. Lee will be responsible for leading customer, governmental and other external relationships across the region.

Read the source article at Tire Review

Movin’On World Summit on Sustainable Mobility Cancelled

Faced with this unprecedented global health crisis, the main priority of the Movin’On team is to protect the health of our employees, our ecosystem partners and our participants. This is why we have decided to cancel the Movin’On World Summit, which was planned to take place in Montreal.

Florent Menegaux, President of the Michelin Group, and Honorary President of Movin’On

Read the source article at Groupe Michelin

USMCA rush amid pandemic adds to concern

Reports that the Trump administration was considering a June 1 start date have stirred concern among auto makers, parts suppliers and trade groups that say the deadline, which they say is premature, could disrupt a smooth transition from NAFTA to the new trade deal, especially as the outbreak worsens.

 

Read the source article at Rubber and Plastics News