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Nippon Goodyear Names Kanahara President

on December 16, 2015 in Industry, Tires

Yujiro Kanahara has been named president of Nippon Goodyear Ltd. Kanahara succeeds Dale Brackin, who successfully served as interim president during the transition period since October 2015 when Nippon Goodyear and Sumitomo Rubber Industries Ltd. (TYO:5110) ended their alliance. Kanahara joined Bridgestone Corp. (TYO:5108) in 1978, where over the years he held positions in product planning, sales and marketing and...

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New Premium Bridgestone Tires for Light Vehicles

on December 16, 2015 in Tires

The light automobile market in Japan is growing even larger as manufacturers add yet more advanced features to the vehicles. Bridgestone Corp. (TYO:5108) has responded to this trend by putting a new line of tires on the market. The Regno GR-Leggera tires, available in three sizes, are the Regno brand’s first that are designed specifically for light automobiles. Regna is...

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Bridgestone CEO Appointed Honorary Investment Advisor to Thailand BOI

on December 11, 2015 in Industry, Tires

Bridgestone Corp. CEO and chairman of the board Masaaki Tsuya has been appointed as Honorary Investment Advisor to the Thailand Board of Investment (BOI). The position was established to assist the BOI in promoting Thailand as an attractive investment destination to Southeast Asia and the world. The appointment is in recognition of the Bridgestone group’s contributions to Thailand’s development from...

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Yokohama Rubber Eliminates Landfill Waste at Virginia Site

on December 10, 2015 in Tires

Yokohama Tire Manufacturing Virginia LLC (YTMV) has recently become the company’s first U.S. manufacturing center to achieve a zero-emissions target eliminating waste sent to landfills. The tire producer and seller, based in Salem, Virginia, is a U.S. subsidiary of Yokohama Rubber Co. Ltd. YTMV designs and develops products and manages plants to minimize the company’s environmental impact and work toward...

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Bridgestone CEO Tsuya Talks Strategy – More Buyouts Possible (Part 2)

on December 9, 2015 in Tires

Bridgestone Corp. CEO and chairman of the board Masaaki Tsuya stated that the company has not ruled out buying more companies in the same industry. However, he added that although money makes an acquisition itself possible, the important thing is that a lack of strategic value, such as synergies coming after integration, complicates matters. Tsuya went on to say that...

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Bridgestone CEO Tsuya Talks Strategy – More Buyouts Possible (Part 1)

on December 8, 2015 in Tires

Bridgestone Corp. CEO and chairman of the board Masaaki Tsuya recently commented on the two M&A deals the tire manufacturer announced in October. Tsuya said that Bridgestone has not ruled out buying more tire manufacturers or other companies in the same industry. He went on to say that the three big acquisitions in the company’s history have been Firestone Tire...

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