Reaching a major safety milestone, the Bridgestone Americas Tire Operations (BATO) consumer tire manufacturing plant in Wilson, N.C., recently marked 1 million man-hours without a losttime accident.
Continental plans to expand the production process of the passenger and light truck tires plant in Timisoara by building a new unit for processing the master batch. The investment will allow the company to have a completely integrated production unit.
Bridgestone Americas Tire Operations, LLC (BATO) has announced price increases on the company’s Bridgestone, Firestone and associate brand consumer tires. The price increases of up to 5 percent on certain passenger and light truck tires for both the original equipment and replacement markets will begin on Jan. 1, 2010.
The Goodyear Tire & Rubber Company today reported improved third quarter earnings in 2009 and discussed opportunities available to it as markets recover.
In the conflict surrounding commercial vehicle tire production at Continental’s Hanover-Stöcken plant, company management, the IG BCE trade union and employee representatives have come to terms on a solution. The compromise package makes use of all instruments the labor market provides and opens up prospects for 2010. “The package is the result of several rounds
A steep drop in original equipment sales and a marked deterioration on replacement markets have resulted in production overcapacities for passenger and commercial vehicle tires at Continental AG in Hanover, Germany.
The Chairman of the Supervisory Board of Continental AG, Hanover, Dr. Hubertus von Grünberg has this Friday communicated that he will lay down his position with immediate effect. He will also lay down his mandate as an ordinary member of the Supervisory Board with immediate effect and due to personal reasons. Until a new Chairman
Cooper Tire & Rubber Company (NYSE:CTB) today reported a net loss of $143 million, or $2.43 per share, for the quarter ended Dec. 31, 2008. Net sales for the period were $636 million, down $130 million from the prior year. The decreased revenues were driven by volume declines offset by improved pricing and mix. Cooper’s
Official statement of Pirelli against rumors, that Pirelli might be interesting in purchasing Continental’s Rubber Group: “With regard to comments on possible Pirelli transactions on Continental, the company declares that no transaction has been defined even along general outlines. The company also points out that, consistent with the financial rigor foreseen by the guidelines of the recent
Bridgestone today announced the successful results of a trademark infringement complaint against Chinese manufacturers that attempted to infringe on the good will established by certain Bridgestone intellectual property. Specifically, Bridgestone has been successful in causing the certain businesses to cease the use of two confusing similar names, “Rockstone” and “Bridgesteel” name.
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