Introducing First Brands Group, Formerly TRICO Group

The renowned and established automotive replacement parts manufacturer, TRICO Group, has announced its new name: First Brands Group, along with the addition of two new brands to its growing portfolio. It is fitting that as the organisation adopts its new identity, which reflects its position as a multi-brand global player, the First Brands Group is […]

Read the source article at Global Rubber Markets News

Continental Partners With Coxreels On Industrial Hose Management Solution

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Continental, has partnered with Tempe, Arizona-based CoxReels to provide premium air and water hose to its customers with a first-class industrial hose management solution in one package.

Collaborating with Continental, CoxReels developed a custom-built hose reel assembly, called the CoxReels P Series, specifically for Continental’s premium rubber and hybrid air and water hose.

Read the source article at Aftermarket News

Auto supplier Magna’s sales beat as virus-hit vehicle production rebounds – Reuters

(Reuters) – Auto parts maker Magna International Inc (MG.TO) on Friday reported better-than-expected quarterly revenue and forecast full-year sales above estimates, as vehicle production in North America showed signs of a recovery from the COVID-19 pandemic. The company said it lost about $5.5 billion in sales during the second quarter, as its customers shut production amid government-enforced lockdowns.

Read the source article at reuters.com

Cooper Standard announces changes to Global Leadership Team

Cooper Standard today announced the following changes to its Global Leadership Team, effective August 1: …

“With Patrick, Chris and Bill in these crucial global roles, Cooper Standard is well positioned to drive our business and deliver for our stakeholders,” said Jeffrey S. Edwards, chairman and CEO, Cooper Standard. “We’re proud of the strength and capabilities of our leadership team which enables us to shift these key functions to existing internal talent while maintaining world-class service to our customers.”

 

 

Read the source article at Automotive World

Michelin Launches Premium Line of Automotive Belts, Tensioners and Idlers on Amazon

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GREENVILLE, S.C., June 9, 2020 /PRNewswire/ — Michelin North America is launching a new line of quality automotive belts, tensioners and idlers available for purchase through Amazon. Automotive technicians and “DIY” enthusiasts can now purchase Michelin serpentine drive belts, along with…

Read the source article at PR Newswire

Coalition of US Manufacturers Sends a Letter to the Members of Congress

TO THE MEMBERS OF THE UNITED STATES CONGRESS:

The undersigned organizations urge you to quickly enact temporary and targeted liability relief legislation related to the COVID-19 pandemic. These crucial protections should safeguard businesses, non-profit organizations, and educational institutions, as well as healthcare providers and facilities from unfair lawsuits so that they can continue to contribute to a safe and effective recovery from this pandemic.

Read the source article at uschamber.com

Mechanical Rubber acquires Durox in Ohio

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WARWICK, N.Y.—Mechanical Rubber, a supplier of custom rubber and plastics products for the aerospace, defense, health care, transit and commercial industries, has acquired Durox Co. in Strongsville, Ohio, a company formerly owned by Pittsburgh-based Wabtec Corp.

Read the source article at Rubber and Plastics News

Michelin contributes to French face mask project

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Michelin has been working with other companies to produce a new type of reusable face mask for use in the COVID-19 pandemic. The tyre maker adds that this OCOV mask, developed within a matter of weeks, is affordable, sustainable and can be produced in large quantities.

Read the source article at Tyrepress

Continental ‘adapting’ tire production globally in response to coronavirus

FORT MILL, S.C.—Continental is “adapting” production at some of its plants across the globe in reaction to the COVID-19 pandemic.

Read the source article at Rubber and Plastics News

Align Capital acquires Marco Rubber & Plastics

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DALLAS—Align Capital Partners has announced the recapitalization and acquisition of New Hampshire-based manufacturer Marco Rubber & Plastics. Terms of the deal were not disclosed.

Marco is a specialty distributor of elastomer components including O-rings and gaskets. It serves a variety of end markets including the aerospace, medical, semiconductor and chemical sectors.

Read the source article at Rubber and Plastics News