NASHVILLE, Tenn. — Bridgestone Americas Inc. has launched a premium, SmartWay-verified steer tire, the Bridgestone R284 Ecopia, as an upgrade over the Ecopia R283A for long-haul and regional trucking applications.
Nexen Tire has recently announced the expansion of its winter tire lineup.
The company has redesigned its WinGuard WinSpike WH62 for passenger vehicles and the WinGuard WinSpike WS62 for CUV/SUV vehicles from the ground up. The new releases have been developed for enhanced performance on snow and ice conditions. To meet increasing market demands, Nexen offers the tires in expanded size lineups.
Hankook Tire Canada Corp. has announced the appointment of In Hyuk Rhee as president and CEO.
During a career with Hankook Tire spanning back to 1993, Rhee has served as both manager of the Motorsports team at Hankook Global, as well as manager of marketing strategy at Hankook’s European headquarters.
As a result of the resolution of certain outstanding tax matters OTS has with the Canada Revenue Agency (CRA), the amount of surplus funds remaining once all liabilities associated with wind-up have been settled will be more significant than contemplated at the time of writing the Wind-Up Plan. On April 2nd, 2019 OTS was directed by Minister Phillips to revise the approach to managing these surplus funds to return them to tire consumers.
OTS will be consulting on options for complying with the Minister’s Direction. Details on consultation opportunities are being developed and will be posted here.
CAMBRIDGE, Ontario — The Tire and Rubber Association of Canada (TRAC) will explore the tire and rubber industry’s advances in technology, innovation, regulation and economics at a two-day conference, Tire & Rubber Summit 2019, scheduled for June 11-12 in Toronto.
The Summit — themed “Driving to the Future” — features a lineup of presentations from executives…
EDMONTON, Alberta — Fountain Tire CEO Brent Hesje recently received the Northern Lights Award of Distinction, awarded by the Edmonton Chamber of Commerce in recognition of his corporate, community and industry leadership.
CATRA is pleased to announce the publishing of its 2018 Annual Report.
The report features significant member achievements both in 2018 and cumulatively since the inception of their programs.
Building on our 2018 successes, 2019 is set to be another year of achievement and growth – full of opportunities for CATRA to support its members as they work closely with their respective governments to carry out their environmental and economic responsibilities.
Registration for TRAC’s Tire and Rubber Summit 2019 is now open.
This Year’s Summit Drives to the Future
When it comes to technology, industries across the globe are living through exciting times: autonomous vehicles, artificial intelligence, machine learning, robotics… these represent only the technological tip of the iceberg that’s moving through the industries’ waters worldwide. It’s a perpetual technology race and, as ever, tire and rubber manufacturers are staying atop of these trends and raising the bar when it comes to banking on technology, whether it be in the product development, manufacturing processes, supply chain management and all other business aspects.
This world-class event will explore the rubber industry’s technology, innovation, regulation and economy. All the expertise put forth at the event will come from executives in rubber companies, non-tire manufacturers, rubber compounders, suppliers, auxiliary businesses, and regulators who together will discuss rubber industry issues from uniquely Canadian perspective.
Bloomberg) — The Trump Administration’s trade war with China has turned out to be a windfall for another country the president frequently berates: Mexico.
Consider Fuling Global Inc., a Chinese maker of plastic utensils that developed a lucrative business making paper cups and straws for U.S. restaurants. But President Trump upended all that with tariffs on $250 billion worth of Chinese imports, including paper products. So the company found an alternative, opening a $4 million factory in Monterrey, Mexico, that will soon begin shipping millions of paper straws across the border.“We had to look for other ways to do business,’” said Fuling Chief Financial Officer Gilbert Lee. The move means the Wenling, China-based company will avoid the tariffs and make up for pricier Mexican labor with lower shipping costs. “Mexico is a very logical and advantageous location for us.”
“Are we making partnerships with other companies? Absolutely,” said Kaivan Karimi, head of sales and marketing at BlackBerry Technology Solutions.
The strategy could be paying off. In the quarter that ended Nov. 30, the Waterloo, Ont., company reported net income of C$59 million ($44 million U.S.) on revenue of C$226 million. That’s up from a net loss of C$275 million a year earlier. The company’s next quarterly report comes this month.