Jeep Compass Rides On GEOLANDARs

The GEOLANDAR G055 boasts all-season performance and extended treadlife, thanks to Yokohama’s orange oil technology.

Yokohama says the GEOLANDAR G055  has been selected as one of the tires for the all-new Jeep Compass. The fitment will cover the North American market, including Canada, in size 225/55R18 98H.

Read the source article at Autosphere.ca

Yokohama Tire Earns Platinum Supplier Award From Caterpillar

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For the fifth consecutive year, Yokohama Tire Corp. has earned Caterpillar’s premier supplier award: the Platinum Level Recertification in its Supplier Quality Excellence Process (SQEP). The award went to Yokohama’s factory in Onomichi, Japan, which produces OE and replacement off-the-road (OTR) tires for a wide range of equipment.

Read the source article at Aftermarket News

Falken, Yokohama get Jeep OE fitments

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KRON (March 13, 2017) — FCA Group has selected tires from Sumitomo Rubber North America (SRNA) and Yokohama Tire Corp. (YTC) as OE fitments on selected versions of the 2017 Jeep Compass, the car maker’s compact four-wheel-drive, four-door hatchback.

FCA has chosen SRNA’s Falken Wildpeak H/T 01A2 as an OE fitment on the “trail-rated” Compass Trailhawk and the all-season Yokohama Geolandar G055 as a fitment on the Compass.

The Falken fitment, in size 215/65R17, is the second fitment for the Wildpeak H/T 01A2 on a 2017 Jeep, according to Sumitomo Rubber North America (SRNA), producer and marketer of the Falken brand. FCA also specs the tire for the Jeep Renegade Trailhawk. Rick Brennan, vice president of marketing for SRNA/Falken Tires, called the Wildpeak a “natural fit” for the Jeep Compass, noting its shoulder designed for optimal handling on multiple surfaces.

Read the source article at Tire Business

Global Industrial Rubber Products – Industrial Supplies & Accessories

NEW YORKFeb. 20, 2017 /PRNewswire/ — The report analyzes the worldwide markets for Industrial Rubber Products in US$ Million by the following Product Segments: Mechanical Rubber Goods, Rubber Hose and Belting, and Others. The US and Chinese markets are additionally analyzed by the following End-Use Applications: Automotive, Industrial Equipment, and Others. The report provides separate comprehensive analytics for the US, CanadaJapanEuropeAsia-PacificLatin America, and Rest of World.

The report profiles 442 companies including many key and niche players such as:

Read the source article at PR Newswire

Dana introduces fleet tire management system

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NASHVILLE, Tenn. (Feb. 27, 2017) — Dana Inc. has developed a cloud-based tire life-cycle management platform it’s calling “Rhombus TireAnalytics” that it claims enables commercial-truck owners and fleet maintenance managers to identify best practices for tire maintenance.

The Rhombus TireAnalytics system integrates portable communications and computing platforms, advanced data collection and analysis, information sharing and dashboard technologies through a cloud-based solution, Dana said.

Truck owners can use the system with their existing mobile, tablet, and desktop assets, eliminating the need for any additional hardware purchases.

Dana unveiled the system at the 2017 Technology & Maintenance Council meeting under way this week in Nashville. It’s available in the U.S. and Canada.

Read the source article at Tire Business

Bridgestone, Conti and SRI win at TTI Awards

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Sustainable innovation, and next-generation information and communication technologies were championed at this year’s Tire Technology International Awards for Innovation and Excellence.

The awards are decided by the votes of a 27-strong panel of experts from the tire industry and academia, with the winners announced last night (Wednesday, February 15) during Tire Technology Expo, at a Gala Dinner at the Hannover Congress Centrum.

This year’s winners are testament to how the latest consumer electronics and cutting-edge information communication technology are being successfully adopted into tire design and manufacturing, yielding great results.

Graham Heeps, editor, Tire Technology International & chairman of the judging panel said: “Cutting-edge sustainability and information technology is more prominent than ever among this year’s winners, showing that the tire industry is at the forefront of high-tech research, development and manufacturing. The judging panel was impressed by the strength in depth among this year’s finalists. Picking the winners gets harder every year!”

Bridgestone was awarded Tire Manufacturing Innovation of the Year with judges overwhelmingly voting for the brand’s Examation tire assembly system. Examation combines revolutionary artificial intelligence with information and communication technologies, for improved quality and enhanced factory productivity.

Versalis/Genomatica won the Environmental Achievement of the Year award for their long-term project to create renewable butadiene. The companies embarked on the joint venture in a bid to address concerns around potential butadiene shortages and price increases. In a demonstration run in 2016, several kilograms of renewable butadiene were prepared starting from commercial sugars, with polymerization tests showing no differences between the polybutadiene prepared from fossil or renewable feedstock.

Sumitomo Rubber Industries (SRI, producers of Falken tires) won the Tire Technology of the Year category for a record third time with its Advanced 4D Nano Design, which makes is possible to perform highly realistic simulations of the complex internal structures and behaviours of rubber materials at the nanoscale. The technology is being used to develop next-generation tire materials, including a new tread rubber that doubled the wear performance of SRI’s standard tread rubber from 2011.

The Tire Industry Supplier of the Year award was presented to Harm Voortman, president and CEO, VMI Group. Judges recognized the launch of VMI’s Milexx truck-tire building machine, along with further debuts including its Retrax automated pre-cure tread applicator, Pixxel vision system, and its new manufacturing facility in Leszno, Poland, operational from Q2 2017.

In the hotly contested Tire Manufacturer of the Year category it was Continental who scooped the prize, beating off stiff competition from Hankook, Michelin and Yokohama.

A raft of major R&D and production investments were unveiled by Continental in 2016, with German projects including a new high-performance technical center and a dedicated dandelion-rubber research center. In September, the first truck test tires containing dandelion rubber were revealed, with production expected to follow in 5-10 years.

Two specialist awards were also presented. TU Dresden PhD candidate, Pavel Sarkisov took home the Young Scientist Prize after delivering an impressive conference paper entitled “Optical measurement of tire deformation focused on transient handling properties”. Meanwhile tire materials expert, Gert Heinrich, director of the Institute of Polymer Materials at the Leibniz Institute for Polymer Research in Dresden, and Continental’s former head of materials research, received the Lifetime Achievement Award.

For more on all the winners, head to www.tiretechnology-expo.com.

Read the source article at Tire Technology International

Kraiburg entrepreneur Peter Schmidt dies at 85

Kraiburg Group is mourning the passing of highly esteemed shareholder Peter Schmidt. From 1954 to 1999 he participated actively in the company’s operations and as a member of the management board he implemented numerous decisions that shaped the company’s history.

Read the source article at Tyrepress

AirBoss Of America: Adapting Well To Turbulent Market Conditions

Valuation & Recommendation:

Through comprehensive analysis using both the discounted cash flow model and comparable companies’ model, we determined the estimated share price of AirBoss of America to be $15.17. Presently, the market values AirBoss of America shares at $12.84. Given AirBoss of America’s current financial position and present economic conditions, we believe the market is undervaluing the price of its stock and recommend a buy rating. Based on our analysis, in our view, a target price of $15.17 more accurately reflects the value of AirBoss of America shares.

Summary:

  • Turbulence in raw material prices has damaged Airboss’s bottom line and caused the company to become overly sensitive to macroeconomic headwinds.
  • Recent efforts to diversify product portfolio and customer base have yet to be priced into Airboss’s stock.
  • With a healthy balance sheet and a low debt/equity ratio, Airboss is fully capable of inorganic growth in an otherwise sluggish industry.

Read the source article at Stock Market Insights

Applied Industrial Technologies Reports Fiscal 2017 Second Quarter Results and Increases Dividend

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CLEVELAND, Jan. 26, 2017 (GLOBE NEWSWIRE) — Applied Industrial Technologies (NYSE:AIT) today reported second quarter fiscal 2017 sales and earnings for the three months ended December 31, 2016.

Net sales for the quarter were $608.1 million, a decrease of 0.4% compared with $610.3 million in the same quarter a year ago. The overall sales decrease for the quarter is impacted by one less selling day which accounts for a 1.6% decline and unfavorable foreign currency translation of 0.5%, partially offset by a 1.3% increase from acquisition-related volume and 0.4% organic growth. Net income for the quarter was $24.1 million, or $0.61 per share, compared with $23.9 million, or $0.61 per share, in the second quarter of fiscal 2016.

Read the source article at cnbc.com

Falken chosen as OEM for Volkswagen Tiguan

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Brussels – Falken has been chosen to supply original equipment tires for new Volkswagen Tiguan models, as of 1 Jan, Falken Tyre Europe has announced.

The company is supplying Falken Ziex ZE914A Ecorun tires in the dimension 215/65 R17 99V to factory-equip the new vehicles.

The tires, said Falken, were developed to reduce fuel consumption and deliver good handling and braking even in wet road conditions.

According to Falken, tire testers for German motoring magazine Auto Motor und Sport gave the…

Read the source article at European Rubber Journal