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 Breaking News Friday, May 16, 2008
Toyo fiscal year earnings, sales up
TOKYO (May 15, 2008) -- Toyo Tire & Rubber Co. Ltd. reported double-digit increases in operating income and sales for the fiscal year ended March 31, with the tire division accounting for nearly all of the gain.
Hankook strikes new ALMS GT2 tire supply deal
HOLLYWOOD, Fla. (May 15, 2008) -- American Le Mans Series competitor Primetime Race Group is switching to Hankook Ventus F200 racing tires for its GT2 class Dodge Viper for the rest of the 2008 season, starting with this weekend's Utah Grand Prix at Miller Motorsport Park outside of Salt Lake City.
Bridgestone supports China quake relief efforts 
TOKYO (May 15, 2008) -- Bridgestone Corp. is donating more than $325,000 to support relief efforts to the victims of the May 12 earthquake in China's Sichuan Province.
Solideal adds steel surcharge
CHARLOTTE, N.C. (May 15, 2008) -- Solideal USA Inc. has added, effective May 15, a surcharge expected to start at 22 cents per pound for steel used on all wheels and assemblies.
More News
Dana making progress in turnaround
TOLEDO, Ohio (May 15, 2008) -- Dana Holding Corp., two months after exiting Chapter 11 bankruptcy protection, said today it is making progress in its turnaround efforts with improved sales and profitability during the first quarter.
Flexsys files new patent infringement complaint
WASHINGTON (May 14, 2008) -- Flexsys America L.P. has filed a new complaint before the U.S. International Trade Commission regarding alleged infringement of its rubber antidegradant patents.
Parker acquires remaining interest in Mexican joint venture
CLEVELAND (May 14, 2008) -- Parker Hannifin Corp. has acquired the remaining stake in its Mexican joint venture, Parker Seal de Mexico, the company announced May 12.
IISRP elects Vincent, to meet in NYC
MOSCOW (May 14, 2008) -- John Vincent, president of Firestone Polymers, has been named president international of the International Institute of Synthetic Rubber Producers, and will preside over the organization’s annual meeting next year in New York City.
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A worker at Arnco's Berea, Ohio, plant moves containers of the liquid fill produced at the facility.
Arnco expanding Ohio facility
BEREA, Ohio—Polyurethane flatproofing product maker Arnco Inc. is expanding production capacity by about 50 percent at its processing plant in Berea to handle present and anticipated industry needs. |
An employee works on a retread inside the White's Tire Service Inc. facility in Wilson, N.C. Photo courtesy of Wilson Daily Times
Study backs multi-award pacts for retreads
RALEIGH, N.C.—The State of North Carolina should consider multi-award instead of exclusive contracts for retreads, according to a new study commissioned by the North Carolina General Assembly Joint Legislative Transportation Oversight Committee. |
Dennis Byrne, professor emeritus of economics at the University of Akron, addresses the RMA's annual meeting. RPN photo
Byrne: Numerous factors put U.S. in line for tough recession
ST. AUGUSTINE, Fla.--President Bush won’t use the “r” word, but an economist and University of Akron professor who spoke at the Rubber Manufacturers Association annual meeting will. |
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