USTMA Reflects on Selleck’s Retirement from Michelin

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On November 16, Michelin North America announced the retirement of Chairman and President Pete Selleck, effective Dec. 31, 2017, after six years in that role. His impact to the industry is praised and recognized by the USTMA among others.

Selleck is known for his dedication and service to the tire industry. Anne Forristall Luke, president and CEO of the U.S. Tire Manufacturers Association (USTMA), say Selleck “leaves a lasting legacy of visionary leadership” in the industry.

Read the source article at Tire Review

Tire Recall: Antares Comfort A5 Tires

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The National Highway Transportation Safety Administration (NHTSA) has announced that Zhaoqing Junhong Co. Ltd. has initiated a recall on 1,916 Antares Comfort A5 tires.

The tires were found to potentially experience sidewall separation while driving. Sizes involved in the recall include LT 225/75R16, 118/116S 10 PR and were produced between May 8 and May 21, 2017.

Purchasers of the effected tires can contact Zhaoqing customer service at 1-855-444-5120, or view the NHTSA’s recall report online.

Read the source article at Tire Review

Toyo Tires, National Auto Sport Association launches GT Challenge

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Toyo Tires and the National Auto Sport Association (NASA) announced the creation of the Toyo Tires GT Challenge. This new class features equally prepared Porsche Cayman GT4 Clubsport and GT4 Clubsport MR race cars competing on 18-inch Toyo Proxes RR DOT competition tires. The inaugural race will take place during the 2017 NASA 25 Hours of Thunderhill presented by Hawk Performance.

Read the source article at Traction News

Unique Fabricating, Inc. Reports Third Quarter 2017 Financial Results

AUBURN HILLS, Mich.Nov. 9, 2017 /PRNewswire/ — Unique Fabricating, Inc. (“Unique” or the “Company”)(NYSE MKT: UFAB), which engineers and manufactures multi-material foam, rubber, and plastic components utilized in noise, vibration and harshness management and air/water sealing applications for the automotive and industrial appliance market, today announced its financial results for the third quarter ended October 1, 2017.

 

Third Quarter 2017 Financial Highlights

  • Revenue of $41.2 million in the third quarter 2017, down 7.9% compared to $44.8 million in the third quarter 2016
  • Net income of $0.7 million, or $0.07 per basic and diluted share…

Read the source article at PR Newswire

USTMA develops online tool for tire recalls

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U.S. Tire Manufacturers Association (USTMA) has developed an online lookup tool to help consumers determine if a tire is subject to a recall conducted by USTMA members only. All USTMA members manufacture tires in the U.S.

The Fixing America’s Surface Transportation (FAST) Act requires the National Highway Traffic Safety Administration (NHTSA) to develop a tire recall lookup tool based upon Tire Identification Numbers (TIN) to enable consumers and tire sellers to determine whether a tire is subject to a recall. USTMA strongly supports implementation of this pro-consumer, pro-safety provision.

The NHTSA requirement would apply to all tire …

Read the source article at Traction News

Shin-Etsu expanding in Akron

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AKRON—Shin-Etsu Silicones of America Inc. is set to increase its production capabilities for the North American market.

The firm is investing $21.3 million to add a 44,000-sq.-ft. manufacturing facility at its Akron campus, which currently consists of five buildings—production sites and a technical center—and 200 employees.

The new site will add 20-30 jobs, according to Eric Bishop, North America marketing manager for Shin-Etsu, and is set to be operational by 2019, though Bishop said the firm hopes to begin some production in 2018.

Read the source article at Rubber and Plastics News

Greenball Rolling into SEMA with All-New Tire Models

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Greenball Corporation is returning to SEMA this year with a newly expanded line of tires and wheels for a wide range of vehicles, from light trucks, specialty trailer tires, ATVs, UTVs and more. According to the company, Greenball’s light truck brands are both expanding their size offerings for select models. On display at the Greenball booth will be two new sizes of Kanati’s Mud Hog M/T tire, with five more sizes coming soon.

Read the source article at Tire Review

Delphi acquires self-driving startup NuTonomy for $450 million – The Verge

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Delphi, one of the world’s largest automotive suppliers, is acquiring Boston-based self-driving car startup NuTonomy for an upfront purchase price of $400 million as well as $50 million in earn-outs, the companies announced today. Delphi isn’t as well-known in the self-driving space as its much bigger rivals Uber, Waymo, and Tesla. A GM spinoff now based in the UK, the company has been showing off its autonomous technology for over three years, mostly in Pittsburgh and Singapore.

Read the source article at The Verge

Goodyear to test location of chicane at Charlotte

Goodyear Tire officials said Sunday part of the first day of their two-day tire test next week at Charlotte Motor Speedway’s infield road course will be spent determining the final location of the backstretch chicane. When the final design of the 2.4-mile course was unveiled last week, it included a permanently-designed chicane off Turn 4 and a temporary chicane entering Turn 3 on the backstretch.

Read the source article at ESPN: The Worldwide Leader in Sports

Michelin Acquires Lehigh Technologies, a Specialty Materials Company

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GREENVILLE, S.C.Oct. 18, 2017 /PRNewswire/ — Michelin today announced that it has acquired Lehigh Technologies, a specialty materials company that uses patented cryogenic turbo mill technology to transform rubber from end-of-life tires and industrial goods into materials for new tires and other products, reducing the amount of raw materials initially needed, such as elastomers and fillers from oil- and rubber-based sources.

“We are always looking for ways to achieve safer and more sustainable mobility, including by using high-technology recycled materials, without compromising safety or other performances, while consuming less of the natural resources that are available in finite stocks,” said Pete Selleck, chairman and president of Michelin North America. “

Read the source article at PR Newswire