LAS VEGAS—Continental is using its OE Technology Series Multi V-Belt as the centerpiece of a new initiative to align its North American automotive aftermarket products with the company’s global expertise.
LAS VEGAS — Cooper Tire & Rubber Co. and Continental Tire the Americas took home top honors for new tire category products at the 2018 Specialty Equipment Market Association Show.
THUNDER BAY, Ontario — The Automotive Industries Association of Canada has developed an online labor market intelligence service for the automotive aftermarket in Canada, dubbed AutoConnex.
Dealer Tire, LLC, a national distributor of replacement tires and parts for automotive dealerships, announced that Bain Capital Private Equity has made a significant investment in the company to accelerate growth and expansion. Financial terms of the private investment were not disclosed and proceeds will be used to purchase the interests of Lindsay Goldberg LLC, the company’s current investment partner since December 2014.
Qingdao, China – ContiTech AG has relocated its hose production plant in Qingdao to a new facility in Qingdao Sin-German Ecopark, on the east coast of Shandong province..
The RMB240-million (€30 million) plant covers an area of 84,000 sqm and manufactures “high-quality” hose products and mobile fluid system solutions for the Chinese automotive industry, the company announced 18 Oct.
FRIEDRICHSHAFEN, Germany—As it prepares for future mobility solutions, Lanxess is targeting electrically charged vehicles as a key growth area.
Akron, Ohio – The tire industry needs to continue to adapt as autonomous and electric vehicles become more popular, according to Jim Popio, vice president of operations in North America for Smithers Rapra.
Popio focused on developments driven in the automotive industry by ACES, or autonomous, connected, electric and shared vehicles in his presentation at the International Tire Exhibition & Conference in Akron 11-13 Sept.
Jim Popio, vice president of operations in North America for…
Nexen Tire America has announced “American Muscle for American Heroes” – an all-new program designed to honor a well-deserving veteran who has been wounded in combat and awarded the Purple Heart Medal.
Nexen Tire partnered with the highly respected Purple Heart Foundation to help select a Purple Heart recipient to receive an iconic American muscle car – a custom Nexen Tire Purple Heart Dodge Challenger.
ZUG, Switzerland—Partners Group, a private equity firm based in Zug, has completed its acquisition of Megadyne and intends to merge it with Ammeraal Beltech to create a broad-spectrum service provider for the belting industry.
HOUSTON—ExxonMobil Chemical Co. operates in three main elastomer markets, and in each case the firm was involved right from the start.
That means the Houston-based business of ExxonMobil Corp. has seen its ExxonMobil butyl rubber business operate for roughly 80 years, its Vistalon-brand EPDM unit for 55 years and its Santoprene-brand thermoplastic vulcanizate operation—the baby of the family—for more than 40 years.
And with that history, the company believes it has the knowledge, the technical know-how and the supporting business in place to continue achieving success now and in the future, whether that means in traditional businesses or the evolving new world of transportation, said Kurt Aerts, ExxonMobil vice president for specialty elastomers and butyl polymers.