With another session of the Goodyear Tire & Rubber Co.’s annual dealer meeting in the books, Chairman and CEO Richard Kramer told investors during a recent earnings call that the company’s customers confirmed the tire maker is “clearly on the right path.”
Registration is open for companies interested in joining trade missions to Latin America, hosted by the Auto Care Association. The trade missions will take place May 17-19, in Peru and June 21-22 in Guatemala with an optional stop in El Salvador, June 23-24.
Camso Inc. is introducing a narrow TTS (Trailed Track System) 40 Series and roading track at the National Farm Machinery Show in Louisville, Ky., Feb. 10-13, 2016.
Susan Davis has been named to the board of directors of Cooper Tire & Rubber Co. Her appointment is effective immediately.
Bridgestone executive Amber Holm has been honored in the Nashville Business Journal’s 2016 40 Under 40 Awards program, which recognizes 40 professionals under the age of 40 for their excellence in business and contributions to their communities in Middle Tennessee.
Goodyear Tire & Rubber Co. exceeded $2 billion in full-year segment operating income for the first time in its 117-year history. The North American business unit was a big reason for that.
Goodyear Tire & Rubber Co. posted net income of nearly $307 million on net sales of $16.4 billion for fiscal 2015 ended Dec. 30, 2015. That compares to income of $2.4 billion on sales of $18.1 billion for fiscal 2014.
Continental Tire the Americas LLC expects to break ground for a $1.4 billion commercial vehicle tire plant in Mississippi in a few months. The new plant will be located at a greenfield site in Hinds County off of Interstate 20, two miles from Clinton and 20 miles from Jackson.
Atturo Tire Corp. continues its expansion of its SUV and light truck range of tires with the release of 12 new sizes in the Trail Blade X/T model.
Bridgestone Americas Inc. and the National Football League (NFL) have extended their sponsorship agreement for an additional five years.
Hankook Tire Co. Ltd. posted net sales for its 2015 fourth quarter of 1.61 trillion won, a decrease of less than a percent versus the year-ago period. Operating profit saw a 2.4% year-over-year decrease to 238.3 billion won from 244.3 billion won. Sales of UHP tires were up 6.4%.
The U.S. Department of Commerce (DOC) is initiating its own investigation of whether imported off-the-road tires from China, India and Sri Lanka have harmed the domestic industry.
Han-Seob Lee is the new CEO of Kumho Tire Co. Incorporated. Formerly chief of sales officer, Lee succeeds Chang-Kyu Kim.
The State of Mississippi is working to secure a $1.45 billion tire plant in Hinds County, Miss. The governor has called an extraordinary session for Feb. 4, 2016, and lawmakers are voting on state incentives to land the deal.
TBC Corp. plans to relocate its Memphis, Tenn., warehouse to a new 1.5-million-square-foot facility 20 miles away in Rossville, Tenn.