For the fourth consecutive year, Yokohama Tire Corporation has earned Caterpillar’s premier supplier award: the Platinum Level Recertification in its Supplier Quality Excellence Process (SQEP). The award went to Yokohama’s off-the-road (OTR) factory in Onomichi, Japan. According to Caterpillar, its…
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Specialty silica demand in the US to exceed US$2 bn in 2019
Demand for specialty silicas in the US is forecast to rise 4.7 percent per year to US$2.1 billion in 2019. Gains are expected to approach their longer-term growth rate, as they moderate from the post-recession growth of the 2009-2014 recovery…
Rema Tip Top expands in Norway
Rema Tip Top expands its corporate group through the acquisition of Flexpro AS, one of Norway’s leading companies for the conveyor systems maintenance and plant component trading. Flexpro AS has formed part of the Rema Tip Top corporate group since…
Thailand’s Rubber City seeks investors
The Thai government is currently seeking foreign companies to invest in it Rubber City located in Southern Region Industrial Estate of Hatyai, 946 km south of Bangkok. Investors can start reserving land through the Industrial Estate Authority of Thailand (IET)…
Goodyear releases new tyres
The Goodyear Tire & Rubber Company added new tyres in their existing lines to cover more market segments. Kelly Edge HP Goodyear has rounded out its Kelly brand power line with the new Kelly Edge HP. “The Kelly Edge A/S…
Trelleborg inaugurates new facility in South Carolina
Trelleborg inaugurated its first North American manufacturing facility dedicated to the manufacture of premium radial tires for agricultural machinery in Spartanburg, South Carolina in the U.S. last January 27, 2016. Representing a 50 million USD investment, the 40,000 square meter…
Ba Ria Rubber to sell 20 million shares
Vietnamese rubber company Ba Ria Rubber will sell 20 million of their shares in an initial public offering (IPO) on March 11, 2016. Ba Ria Rubber grows rubber plants and sells them as rubber latex. According to the Ho Chi…
Bridgestone recalls Firestone truck tyres
Bridgestone Americas Tire Operations (BATO) is recalling one size of its Firestone FS561 tire sold in the United States and Canada between April 2015 and January 2016. The voluntary safety recall is limited to FS561 tires in size 255/70R22.5 and…
NN, Inc. to host annual investor day
NN, Inc., a diversified industrial company, will be hosting its third annual investor day on March 24, 2016 at the Westin Grand Central in New York from 9 a.m. to 12 p.m. EST. The event will feature presentations from President…
GEAR 2030 launched to boost growth in the EU automotive sector
The European Commission has launched a new High Level Group for the automotive industry: GEAR 2030. Commissioner El?bieta Bie?kowska, responsible for Internal Market, Industry, Entrepreneurship and SMEs met representatives from the automotive sector in Brussels last January 26, 2016 to…