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Continental set to complete expansion at Illinois plant
MOUNT VERNON, Ill.—Construction crews working on the expansion of Continental Tire the Americas L.L.C's Mount Vernon tire plant will "top out" the project on June 18 by placing the final steel beam on the $95 million, 80,000-sq.-ft. addition.
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Apollo expects to complete Cooper acquisition later this year
FINDLAY, Ohio—The second time around proved to be the charm for Apollo Tyres Ltd. The Gurgaon, India-based company has struck a deal with Cooper Tire & Rubber Co. to purchase the Findlay-headquartered tire manufacturer for an estimated $2.5 billion.
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Italian hose manufacturer seeking more distributors
Italy's Diesse Rubber Hoses S.p.A. is looking to boost its business in the U.S. and South America, and it is searching for new distributors in those regions.
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Planting the seed: Race is on for new rubber source
Parthenium argentatum or Taraxacum kok-saghyz. Which has the better chance of becoming the accepted alternative to traditional natural rubber, Hevea brasiliensis?
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Recent purchase bolsters Mid-American Machine growth
LeROY, Kan.—It has been an active couple of months for Mid-American Machine & Equipment Inc. Recently, the company expanded its spare parts business and fabrication services when its parent, Industrial Service Solutions, acquired Madison-Smith Machine & Tool Co. of Glasgow, Ky.
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ITC judge rules for SI Group in intellectual property case
Jun 18, 2013WASHINGTON—Chinese manufacturers stole trade secrets from Schenectady, N.Y.-based SI Group Inc. in the matter of rubber resins and the processes for making them, an International Trade Commission administrative law judge has ruled.
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Avon Rubber diving aggressively into rebreather market
Jun 18, 2013WILTSHIRE, England—Avon Rubber P.L.C. has acquired VR Technology Ltd. to move full force into the rebreather product manufacturing market
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CVC Thermoset appoints distributor for Mexico
Jun 18, 2013MOORESTOWN, N.J—CVC Thermoset Specialties Inc. appointed High Chem Specialties Mexico, S.A. de C.V. as its exclusive distributor in Mexico for its product line of specialty epoxy materials and reactive liquid polymer products.
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TBC's Nicholson elected TIA secretary
Jun 18, 2013BOWIE, Md.—Glen Nicholson, director of retail education and quality assurance for TBC Retail Group, was elected secretary of the Tire Industry Association's Board of Directors at the board's biannual meeting June 12-14.
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Firm ranks Goodyear among top Northeast Ohio workplaces
Jun 18, 2013AKRON—Goodyear has been ranked as one of the top workplaces in northeast Ohio by WorkplaceDynamics, an employee survey company.
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PPG receives $1 million to develop safer liquid coatings
Jun 18, 2013ALLISON Park, Pa.—PPG Industries, which makes coatings and specialty products from materials such as polyurethane, said the U.S. Department of Defense has awarded $1.071 million to the company's Coatings Innovation Center to help develop non-isocyanate liquid coatings that meet military specifications.
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Magna moving HQ to larger space in Michigan
Jun 18, 2013DETROIT—Magna International Inc. will relocate about 300 employees into 117,300 sq.-ft. office in a new Troy, Mich., headquarters by September.
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Lanxess raises rubber chemicals prices
Jun 17, 2013LEVERKUSEN, Germany—Specialty chemicals company Lanxess A.G. said it will increase its prices worldwide for rubber chemicals, effective July 1.
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Evans elected SEMA chairman-elect; Shelton is new chairman
Jun 17, 2013DIAMOND BAR, Calif.—Doug Evans of Source Interlink Media is the new chairman-elect of the Specialty Equipment Market Association for the 2013-15 term, SEMA announced.
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Analysts call Apollo's purchase of Cooper 'risky'
Jun 17, 2013AKRON—Financial analysts who follow Apollo Tyres Ltd. are calling the Indian company’s $2.5 billion bid to buy Cooper Tire & Rubber Co. “overambitious” and “risky,” based on the amount of debt Apollo will incur.
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In Print
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Carlisle planning expansion
Jun 03, 2013CARLISLE, Pa.—Carlisle Construction Materials Inc. plans to expand its operation significantly to establish a ther-moplastic polyolefin membrane manufacturing operation at its campus in Carlisle. Once completed, the facility will create about 30 jobs in 2014 with the possibility more...
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Guayule, TKS show promise as rubber source
Jun 03, 2013Parthenium argentatum or Taraxacum kok-saghyz. Which has the better chance of becoming the accepted alternative to traditional natural rubber, Hevea brasiliensis?
Read more »
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Project is a century old ... and counting
Jun 03, 2013Efforts to develop guayule and the Russian dandelion Taraxacum kok-saghyz, or TKS, have a long and storied history. Here a few highlights:
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Market changes, not the good kind, affect scrap tires
Jun 03, 2013Scrap tire recycling rates have declined. Is it time to worry that the “bad old days” are returning, when worn-out tires ended up in fields, vacant lots, along the side of the road or in enormous, fire-prone stockpiles? Not yet. But a note of caution is called for. The rate of scrap tire ...
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