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 company has entered into an agreement to merge its defense business and other operations in Acton Vale, Quebec, with Critical Solutions International Inc., a privately owned Charleston, S.C.-based global supplier of route clearance vehicles, countermine and survivability products to U.S. and foreign military forces.
Plans for a new factory may be on hold, but Sentury Tire USA says demand for its tyre brands is growing – and this growth has necessitated the operation’s move to a larger headquarters and warehouse. The new corporate office and warehouse, twice the size of the former location, is located in Hialeah, Florida.
Fiat Chrysler Automobiles proposed a merger with Renault that would create the world’s third-largest carmaker. The eroding economics of the industry make such deal more likely by the day. Deep trouble at Ford Motor and General Motors’ need for more heft to compete with rivals Toyota and Volkswagen make a marriage between the two largest car companies increasingly probable.
Fiat Chrysler argues that a tie-up with Renault will lead to $5.5 billion in savings. As car sales have flattened in the United States and started to drop in China, the two largest markets in the world offer less hope for revenue improvement. Neither company has much of a sales footprint in China. Renault has none at all. Both have a strong market share in Europe, but it is one of the most competitive markets in the world. At the low end of the market, VW is the dominant force. At the high end, it is BMW and Mercedes.
HUNTERSVILLE, N.C. — American Tire Distributors Inc. has promoted three key executives in its senior leadership team in a move that will help accelerate the company’s transformation to becoming a more connected automotive solutions provider.
Falken Tires has announced the promotion of veteran sales executive Bob Klimm to the position of Director of Sales, Commercial Division, effective immediately.
Klimm has moved up from the position of Truck and Bus Radial (TBR) Division Manager into his new Director role for the North American market. In this position, he will be responsible for leading the company’s commercial tire growth.
REYNOLDSBURG, Ohio — Kenda Tire USA Inc. has experienced salesmen David Alari and Rob Schussler as a sales manager covering the western and easter region, respectively, overseeing business in both consumer (passenger, light truck and SUV) and specialty tire categories for sales to the dealer and distributor channels.
CHARLOTTE, NC — Carlos Acosta has joined CEAT Specialty Tires Inc. as business development manager for Central America, Mexico and the Caribbean.
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.