MAGOG, Quebec — Off-road tire maker Camso Inc. has launched an all-purpose bias agriculture/industrial tire, the MPT 732, that the company said was engineered to meet the requirements of the Europe, Middle East and Africa market.
LAS VEGAS—ZYfire Hose Corp. does most of its business in the U.S. selling products made at its headquarters factory in China, but the firm is prepared to set up manufacturing in the states if tariffs become too high.
The Boston-based company has been carrying out liquid mixing of elastomer composites at the site since 1995 and was under a 10-year exclusive technology license with Michelin until recently. In 2017, Cabot announced an investment to expand the elastomer composites product line to serve a broader customer base.
Hanover, Germany — Continental Corp. has officially marked the construction of its new global headquarters in Hanover with the ceremonial laying of a foundation stone.
Placed inside the stone was a copper time capsule that contained a piece of rubber from the tire production facilities, a copy of the most recent employee magazine and a core component of electric vehicle power electronics developed by Continental.
Representatives from Cabot Corporation’s elastomer composites leadership team recently met with members of the Malaysian Investment Development Authority about Cabot’s long-term growth plans in Port Dickson, Malaysia. In 1995, Cabot built the world’s first facility dedicated to liquid mixing of elastomer composites in Port Dickson and has continued to develop this revolutionary technology at that site.
Hankook Tire will change names of its holding companies and major affiliates, and has rebranded itself as “Hankook Tire & Technology.” Hankook says the name change will be a turning point to enhance future competitiveness based on technological innovation.
Hyogo, Japan – Toyo Tire Corp. has established a new Digital Transformation Division as part of a major restructuring bid which started earlier this year.
Launched 1 April, the new division will work towards “building an end-to-end system that connects us with customers,” said Toyo in a statement.
The move, said Toyo, aims to realise an “agile management style” and accelerate digitalisation and innovation within the company.
Woodruff, South Carolina – Michelin North America Inc. has put into operation a 3 million-sq.-ft. distribution centre in Woodruff that the tire maker claims is capable of processing over 200,000 tires a day.
The $270 million, five-building complex, under construction since November 2016, is capable of warehousing up to 4 million tires, Michelin said.
Tokyo — Yokohama Rubber Co. Ltd. has scaled back production expectations for its US truck tire factory in West Point, Mississippi, due to a combination of facility- and personnel-related issues.
The $300 million (€270 million) plant, which opened in 2015 with a nameplate capacity of 1 million medium truck tires a year, was on track to produce only about half of that in 2018, Yokohama said in a stock exchange filing in late 2018.
ST. JOSEPH, Minn.—Vail Rubber Works Inc. is growing its presence with a new manufacturing facility located about five miles up the road from its headquarters.
The roll covering manufacturer is investing about $8.3 million in the 58,000-sq.-ft. facility, Vail President Bill Hanley said.
“We’re a 125-year-old company, and the site we’re on in St. Joseph was purchased by my great-grandfather in 1924. We’re on a pie-shaped piece of property, and really we’re quite land-locked,” Hanley said. “It’s something we’ve been struggling with for a lot of years. We’ve built out as far as the site will hold.”