PARIS—Michelin has set a target of zero CO2 emissions by 2050 as part of its sustainability commitment with an approach based on “consuming less” and an “energy transition.”
BENGALURU (Reuters) – The U.S.-China trade war is unlikely to see a permanent truce over the coming year, and while concerns have eased over a U.S. recession, an economic rebound is also not expected any time soon, according to a Reuters poll of economists.
Cooper Tire announced it plans to increase ownership in its Mexico joint venture tire manufacturing facility, Corporación de Occidente S.A. de C.V. (COOCSA), from 58 percent to 100 percent.
Trabajadores Democraticos de Occidente S.C. de R.L. de C.V. (TRADOC), which owns 42 percent of the joint venture, have entered into a definitive agreement under which Cooper Tire will purchase TRADOC’s stake in COOCSA.
Singapore — India’s economy has shifted into lower gear since the country’s general election, posting its slowest growth in six years for the April-June quarter and taking a toll on energy and commodity markets that were already grappling with an ailing automotive sector and a lack of liquidity. Not registered? Receive daily […]
Continental’s power transmission products plant in Chihuahua, Mexico is celebrating its 20-year anniversary.
Built in 1999, Planta Contitech Chihuahua manufactures power transmission belts for a wide range of applications including the agricultural, construction and white line (home appliances) industries, as well as the automotive aftermarket.
Hiroshima, Japan – Mitsubishi Heavy Industries Machinery Systems Ltd (MHI-MS) is introducing a new range of tire-inspection systems that address the increasing trend of small-scale production of wide variety of tires.
“Tire inspection machines capable of handling wide ranges of tires with shortest rim-change time are being demanded more than ever before,” according to an MHI-MS spokesman.
Dayton, Tennessee – Nokian Tyres plc has commissioned production at its Dayton passenger/light truck tire factory two years after breaking ground on the $360 million (€330 million) project.
Nokian Tyres CEO Hille Korhonen and other Nokian executives attended the opening ceremony for the factory, the company’s third overall and first outside of Europe, on 2 Oct.
Milan, Italy — Pirelli & C. SpA has honoured nine outstanding supplier companies recently with its 2019 Supplier Awards.
Pirelli chose the nine companies out of more than 10,000 that supply the tire maker globally, according to a 26-Sept Pirelli press release.
“Quality, capacity for innovation, speed and global coverage of supply were the key elements guiding the selection for the 2019 Supplier Awards,” Pirelli said.
Marking its fifth year as a member of the National Association of Manufacturers’ (NAM) and Manufacturing Institute’s (MI) “Dream It. Do It.” program, Cooper Tire & Rubber Co. will again connect with more than 10,000 students – primarily eighth graders – for Manufacturing Day (MFG Day) events this year. National MFG Day 2019 is officially Oct. 4, yet Cooper’s involvement begins later this month and will run throughout October.