GM CEO will keep ‘open mind’ on plant closings, acknowledges anger

WASHINGTON (Reuters) – General Motors Co (GM.N) Chief Executive Mary Barra on Wednesday vowed to keep an “open mind” about the future of an Ohio plant that will lose vehicle production, but warned the Detroit automaker has excess capacity and did not suggest the company was reconsidering the plan.

Read the source article at reuters.com

Cabot plant celebrates 75 years

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On 25 November, Cabot Corporation’s Ville Platte, Los Angeles carbon black manufacturing facility celebrated 75 years in operation. Established in 1943, Cabot Ville Platte is the oldest plant in Cabot’s network, and today operates four manufacturing units that produce 11 different grades of carbon black, primarily sold to customers throughout North America for rubber reinforcement applications.

Read the source article at Tyrepress

U.S., Canada, Mexico continue brinkmanship on trade deal until signing

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BUENOS AIRES (Reuters) – The leaders of Mexico, Canada and the United States were due to sign a North American trade pact on Friday, although brinkmanship over the final details of the deal continued through the eve of the signing.

It was unclear what exactly the three countries would sign. They agreed on a deal in principle to govern the more than trillion dollars of mutual trade after a year and a half of acrimonious negotiations concluded with a late-night bargain just an hour before a deadline on Sept. 30.

Read the source article at Global Rubber Markets News

ITC hearing on China steel-wheel import duties set for Jan. 8

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WASHINGTON — The U.S. International Trade Commission has scheduled a hearing for Jan. 8 on proposed antidumping and countervailing import duties on certain steel commercial vehicle wheels from China in Washington.

Read the source article at Tire Business

Goodyear, U.S. Marine Corps Reserve Team up to Host 8th Annual Toys for Tots Events

The Goodyear Blimps and the U.S. Marine Corps Reserve will conduct their eighth joint maneuver next month benefiting the Marine Toys for Tots Foundation at the company’s airship base in Ohio. The event will provide the public with an opportunity to donate to Toys for Tots while enjoying an up close and personal view of the newest and third airship, Wingfoot Three, inside the hangar in Suffield, Ohio.

Read the source article at Tire Review

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.

Read the source article at Rubber and Plastics News

Continental Tire opens new employee training center in Mississippi

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Continental Tire opens the newest company Employee Training Center in Clinton, Mississippi. The total investment for the Continental manufacturing site under development in Mississippi is $1.45 billion.

“This a great day for Continental Tire and the State of Mississippi,” Gov. Bryant said. “This training center is state-of-the-art and will facilitate jobs for Mississippians for years to come.

Read the source article at Traction News

BKT to build $100 million tyre manufacturing plant in US

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Balkrishna Industries Limited (BKT), one of the leading Off-Highway tyre manufacturers headquartered in India, has announced its plans to set up a new tyre manufacturing plant in the United States which will serve not only the US markets but the entire American region. This new production site will be the multinational group’s first manufacturing site outside of India.

Read the source article at Rubber Asia

U.S. car-tariff truce with Europe may end soon, EU’s Juncker signals

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BERLIN — European Commission President Jean-Claude Juncker signaled that Europe’s avoidance of extra U.S. car tariffs might last only until year-end, the latest indication of the fragility of the trans-Atlantic truce reached in the summer. U.S. President Donald Trump agreed with Juncker at a meeting in Washington in July to hold off new duties while the two sides work toward reducing tariffs and non-tariff barriers on industrial goods shipped between the European Union and the U.S. “We had achieved that there will not be a new trade conflict over the summer months until the end of the …

Read the source article at Automotive News Europe

Kenda launching second-generation Kenetica all-season touring tire

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LAS VEGAS — American Kenda Rubber Co. has released the second generation of its all-season touring tire, the Kenetica Touring A/S KR217, designed for drivers of older and late-model touring cars.

Read the source article at Tire Business