Yokohama Rubber will acquire the off-the-road tire (OTR) business for mining and construction vehicles of U.S.-based tire producer and distributor Goodyear. The acquisition is priced at $905 million and will be completed after receiving approval from the relevant authorities. Goodyear’s OTR business had sales of $678 million in fiscal 2023, EBITDA of $129 million, and an EBITDA margin of 19.0%....
Yokohama Rubber will build a new passenger car tire plant in China. The production capacity will start at 9 million tires per year and is expected to expand in the future. The investment will be 1.96 billion yuan ($269.62 million), with production scheduled to begin in the second quarter of 2026. The construction of the new plant is in response...
Sumitomo Rubber will begin offering its Tire Pressure and Temperature Management Service, which monitors tire pressure and temperature for trucks and alerts users of abnormalities, at Dunlop truck tire dealers from July 8. The service combines a TPMS (Tire Pressure Monitoring System) with four types of tools tailored to user needs to utilize tire pressure and temperature information from installed...
Sumitomo Rubber has developed a new method for predicting noise generated by the mutual vibration between tires and vehicles. To develop this method, the company used a tire rolling simulation that assumes a tire in motion. By applying this method, both the tire manufacturer and the vehicle manufacturer can improve the quietness performance. Road noise, which is generated when road...
Sumitomo Rubber has again received the “Excellent Health Management Corporation 2024 (White 500)” certification, marking the eighth consecutive year since 2017. It was awarded in recognition of the company’s efforts to prevent serious illnesses among those at high risk of lifestyle-related diseases and other diseases, as well as its measures to prevent passive smoking and promote smoking cessation. Sumitomo Rubber’s...
Bridgestone is pursuing a variety of health management goals. These include improving productivity by reducing the rate of absence from work due to illness and increasing the number of healthy and energetic employees, reducing future medical costs, contributing to the enhancement of corporate value and improving the health literacy of each employee through collaboration with industrial health staff and health...
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