Bridgestone Americas will close its truck and bus radial tire plant in La Vergne, Tennessee, on July 31. This is part of the company’s strategic business restructuring and is intended to strengthen competitiveness and improve the quality of its business by optimizing its U.S. operations. The decision to close the La Vergne plant was based on the belief that further...
Yokohama Rubber has decided to close the Prague plant of Yokohama TWS Czech Republic, a subsidiary that produces and sells off-highway tires (OHT), including tires for agricultural machinery, and mainly manufactures bias tires. Production of products manufactured at the plant will be transferred to other plants of the group. Yokohama TWS, one of the major production and sales subsidiaries of...
Pirelli Japan announced that it will raise the prices of its Japanese domestic after-market tires starting March 1. The price increases will be applied to all product categories and brand lines, with an average increase of 5%. The price increase for summer and all-season passenger car and SUV tires will take effect on March 1. Winter passenger car and SUV...
Toyo Tires has acquired ISCC PLUS certification, an international certification system for sustainable products, at its Sendai Plant (Iwanuma City, Miyagi Prefecture), its main tire production facility in Japan, and its production subsidiary Fukushima Rubber (Fukushima City, Fukushima Prefecture). The company aims to increase the ratio of sustainable raw materials used in its products to 40% by 2030 and 100%...
Sumitomo Rubber will acquire the trademark rights to the Dunlop brand of four-wheel tires in Europe, North America, and Oceania from Goodyear. The acquisition is worth $526 million, with a transfer agreement to be signed on January 8 and closing scheduled for May. With the acquisition of the trademark rights, Sumitomo Rubber intends to further accelerate premiumization, which it positions...
Yokohama Rubber held a groundbreaking ceremony for a new passenger car tire plant in Hangzhou, China on December 16, 2024. The ceremony was attended by the mayor of Hangzhou and many other government officials. Also in attendance were Masataka Yamaishi, Chairman and CEO of Yokohama Rubber, and Shinji Seimiya, President and COO. The new plant is the first of a...
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