Bridgestone EMEA targets ‘emerging market’ with new appointment

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Brussels – Bridgestone Europe has appointed Mete Ekin, formerly regional managing director Middle East and Africa, to the position of VP Bridgestone emerging markets, effective 1 Oct.

In the newly created position, Ekin will oversee ‘emerging markets’ including Bridgestone EMEA’s  businesses in Africa, the Middle East, and Russia, the Japanese tire maker announced 1 Oct.

Read the source article at European Rubber Journal

Magna Tyres opens new U.S. office

FORT LAUDERDALE, Fla. — Magna Tyres Group, based in the Netherlands, has expanded into the U.S. with the opening of a sales office in Fort Lauderdale.

Waalwijk, Netherlands-based Magna, which specializes in off-the-road (OTR), industrial and truck tires, hired industry veteran Robert Smith — most recently Midwest sales representative for Maxam Tire North America  — to manage the Florida office.

Read the source article at Tire Business

Bridgestone Americas Announces Leadership Changes

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Bridgestone Americas has announced changes to its senior leadership structure, effective from September 16.

Aligned with the global leadership changes within its parent company Bridgestone Corporation, the new changes are a part of its initiative to develop global leaders throughout the company.

Read the source article at Autosphere.ca

TIA Announces 2019 Hall of Fame, Ed Wagner Leadership Awards Recipients

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The Tire Industry Association (TIA) has announced the names of recipients for its 2019 Hall of Fame and Ed Wagner Leadership Awards.

The recipients of the 2019 Hall of Fame Award are:

  • Brent Hesje, CEO of Fountain Tire, Edmonton, Canada
  • The late Frank Holeman, Director of the Tire Industry Safety Council, from 1969-1987

Read the source article at Autosphere.ca

Goodyear signals major restructuring plan in the US

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Akron, Ohio – Goodyear Tire & Rubber is studying a plan to restructure its US operations in a bid to improve business competitiveness, according to chief financial officer Darren Wells.

“We are working on a significant restructuring plan to reduce low-value. high-cost capacity in the US,” Wells said in a 26 July conference call.*

The move will bring about savings “at least as high as the actions in Germany,” said Wells, referring to a reorganisation programme announced in Germany in March.

Read the source article at European Rubber Journal

Interview with The Japan Automobile Tyre Manufacturers Association, Inc. (JATMA)

JATMA was established in September 1947 as an industry organization for Japan’s automobile tire manufacturers. JATMA’s main objectives are to contribute to the development of an automobile tire industry in Japan, and the development of Japan’s economy also. Eventually improvement of Japan’s national welfare will be expected through the development of economy.

 

Read the source article at blog.rubberstudy.com

Carbon Black Inc (CBLK) President & Ceo Patrick Morley Sold $1.5 million of Shares

President & CEO of Carbon Black Inc (30-Year Financial, Insider Trades) Patrick Morley (insider trades) sold 79,380 shares of CBLK on 07/26/2019 at an average price of $19 a share. The total sale was $1.5 million.

Carbon Black Inc has a market cap of $1.36 billion; its shares were traded at around $19.00 with and P/S ratio of 5.31.

Read the source article at Value Investing

USW names new chair of rubber and plastics council

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PITTSBURGH — The United Steelworkers union has named Kevin Johnsen to lead the union’s rubber and plastics industry council.

Read the source article at Tire Business

OK Tire Announces New Plans for Newfoundland Distribution Centre

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OK Tire has announced its plans to upgrade and relocate its Newfoundland distribution centre.

The new centre will be moved to Mount Pearl from the town of Clarenville. The relocation is aligned with OK Tire’s $100 million-dollar expansion plan across Canada over the next five years.

Read the source article at Autosphere.ca

Michelin appoints new ad agency

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CLERMONT-FERRAND, France—Michelin has selected Paris-based ad agency BETC as its new strategic agency.

The final choice was between BETC and Ogilvy, Michelin said in a June 20 statement.

Read the source article at Rubber and Plastics News