Expansion aims to automate Continental’s hose manufacturing plant in Quebec

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GRANBY, Quebec—Continental’s ContiTech division has completed a project at its hose factory in Granby that makes production there largely automated.

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Bosch sees car production falling 5% in 2019: Reuters

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FRANKFURT (Reuters) – Auto supplier Robert Bosch has revised its forecast for automotive production on Saturday, expecting a 5% fall this year, bigger than an earlier estimate for a 3% decline, the company’s chief financial officer told Boersen-Zeitung. As a result Bosch would not be able to achieve an earnings before interest and taxes margin of 7% as it did last year, Stefan Asenkerschbaumer told the newspaper.

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ZYfire prepared to add Houston manufacturing site

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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.

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Toyoda Gosei to set up engineering, sales office in U.S.

KIYOSU, Japan—Automotive supplier Toyoda Gosei Co. Ltd. is planning to establish a satellite engineering and sales office in Dublin, Ohio, to speed up its product development process in the U.S.

The office will serve as a regional headquarters for Toyoda Gosei North America Corp., which is based in Troy, Michigan. Certain functions, including design and sales of interior products and airbags, will be relocated from TGNA’s head office in Troy to the Dublin unit, which is set for operation in July.

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Cabot eyes elastomer composites expansion in Malaysia

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KUALA LUMPUR, Malaysia—Cabot Corp. has reviewed long-term growth plans for its composite elastomers in Port Dickson, Malaysia, with the Malaysian Investment Development Authority.

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.

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Tristone adds new US production plant

Mooresville, North Carolina – German hose manufacturer Tristone Flowtech Group has officially opened a new production plant in Mooresville to improve its service to the automotive industry in the US and Canada.

Tristone broke ground on the €21-million manufacturing unit in May last year and is now preparing for start of operations to serve its first US automotive customer, the company said 23 April.

Read the source article at European Rubber Journal

Agricultural Rubber Track Market to See Major Growth in Future: Soucy, Mattracks, Zuidberg, Bridgestone Industrial, Eurotrack

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Edison, NJ — (SBWIRE) — 02/16/2019 — A new business intelligence report released by Advance Market Analytics with title “Global Agricultural Rubber Track Market Insights, Forecast to 2025” has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy.

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Conductive Silicone Rubber Market Study by Evolving Industry Analysis & Forecast to 2024 – Tmr

Global Conductive Silicone Rubber Market: Trends

Conductive silicone rubbers are widely used in several end-user industries due to their thermal and electrical conductivity properties. End-user industries such as electrical, electronics, automotive, defense & aerospace, and heavy industrial machineries experience broad usage of conductive silicone rubber. Electrically conductive silicone rubber is used in wires, cables, EMI shielding gaskets, and ESD shielding applications in electrical and electronics industries. Conductive silicone rubbers are used in EMP protection and wave guide application. They are used in military and aerospace equipment owing to their EMI shielding effects. 

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NEP believes Minnesota Rubber is in good hands with KKR

MINNEAPOLIS—Norwest Equity Partners has sold Minnesota Rubber & Plastics to KKR, a private equity firm that NEP believes will continue to invest in growing the rubber and plastics manufacturer.

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Continental completes NVH footprint with Cooper Standard deal

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NOVI, Mich.—Certain opportunities are just too perfect to pass up.

Continental A.G.’s Vibration Control business, which produces anti-vibration parts like engine mounts for the automotive industry, has a strong global presence, with 10 manufacturing plants mostly concentrated in Europe. But it needed to enhance its presence in North America.

Cooper Standard Automotive Inc.’s Anti-Vibration Systems business makes similar parts, but its strength is in the U.S. and Canada, with one site in France and two in India through a joint venture.

Read the source article at Rubber and Plastics News