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Equity firm Bain Capital to acquire TI Automotive
AUBURN HILLS, Mich.—After months of speculation, Auburn Hills-based TI Automotive Ltd. entered into an agreement today to be acquired by the private-equity firm Bain Capital L.L.C.
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Growth prompts Lavelle to invest in Wis. facilities
BURLINGTON, Wis.—Lavelle Industries Inc. will expand two Wisconsin production facilities, in Burlington and Whitewater, to support growth in its Korky toilet repair products line and original equipment rubber molded parts business.
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Cabot realigns global business segments
BOSTON—Cabot Corp. has realigned its global business segments principally to improve efficiency and to better prioritize the company's resources.
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Rogers finalizes Arlon acquisition for $157 million
ROGERS, Conn.—Rogers Corp. has closed its transaction to acquire Arlon L.L.C., a global provider of high frequency circuit materials and engineered silicones, from Handy & Harman Ltd. for $157 million.
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Hexpol to shut down mixing line, affecting 61 workers
MUSCLE SHOALS, Ala.—Hexpol A.B. has issued a Worker Adjustment Retraining Notification notice to its Robbins L.L.C. facility in Muscle Shoals.
Latest News
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Expert: Chinese tire makers may increase trade with Europe
Jan 27, 2015BONN, Germany—A prominent European tire industry representative has said he believes Chinese tire makers will look to Europe for increased trade as a result of antidumping duties.
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Parker reports strong second quarter
Jan 27, 2015MAYFIELD HEIGHTS, Ohio—Parker Hannifin Corp. reported increased sales and net income for the second quarter of fiscal 2015.
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U.S. ruling on Chinese tire imports goes into effect
Jan 27, 2015WASHINGTON—The U.S. Commerce Department's preliminary antidumping determination on Chinese passenger and light truck tires went into effect Jan. 27 with the ruling's publication in the Federal Register.
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Change is buzzword for auto industry
Jan 27, 2015DETROIT—From Tesla to the Google driverless car to the aluminum 2015 Ford F-150 pickup to active safety systems that promise zero fatalities, the auto industry is changing at an unprecedented pace.
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Mesnac retools global team
Jan 27, 2015QINGDAO, China—Mesnac Co. Ltd. has appointed two men to its global team.
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Silcotech, Dow Corning to showcase new LSR system
Jan 27, 2015ANAHEIM, Calif.—Silcotech Group and Dow Corning Corp. will showcase a step-change in liquid silicone rubber processing made possible, in part, by Dow Corning's LSR technology, at the MD&M West show, set for Feb. 10-12 at the Anaheim Convention Center in Anaheim.
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Cancarb makes change in leadership position
Jan 26, 2015ALBERTA, Canada—Cancarb Ltd. has named a new executive to replace its retiring president.
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Reliance: Butadiene prices fall further
Jan 26, 2015MUMBAI, India—Reliance Industries Ltd. reported in a results statement for the final three months and nine months of 2014 that butadiene prices have hit new lows.
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Goodyear recognizes charitable work by Ontario company
Jan 26, 2015DALLAS—Goodyear has recognized a Canadian company as its “Put More Good On The Road Award” winner.
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ERTMA among groups to form rubber association
Jan 26, 2015BRUSSELS—The European Tyre & Rubber Manufacturers Association (ETRMA) and six other European organizations have formally agreed to establish European Research & Rubber Laboratories (ERRLAB).
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In Print
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Products
Jan 26, 2015Dow Corning Corp. has expanded its construction offerings to a water-based 100-percent silicone air barrier system. Evaluated by the Air Barrier Association of America, Dow Corning said its Silicone Air Barrier System is a suite of compatible high-performance silicone tech-nologies designed to...
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Obama State of the Union speech draws varied reactions
Jan 26, 2015WASHINGTON—President Obama's State of the Union address was either wonderful, despicable or somewhere in-between, depending on the viewpoints of various commenters. The president set forth his agenda in his annual speech before a joint session of Congress on Jan. 20. This agenda included new ...
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IRSG forecasts 1.8% rubber growth
Jan 26, 2015SINGAPORE—Total world rubber demand will grow 1.8 percent in 2015 and 4.1 percent in 2016, according to the December 2014 issue of the World Rubber Industry Outlook available from the International Rubber Study Group. This forecast translates to demand of 29.1 million metric tons in 2015...
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RMA predicts small growth for tire shipments
Jan 26, 2015WASHINGTON—Led by double-digit increases in original equipment and replacement truck tire shipments, overall U.S. tire shipments reached nearly 310 million units for 2014, or an improvement of about 4.7 percent over 2013, according to the Rubber Manufacturers Association. But the trade...
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White Papers
- THE ENERGY TREAD LABEL - A POSITIVE BUSINESS OPPORTUNITY? Posted on Dec 01, 2014
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- New Technology Merges Code Reading and Marker Dot Inspection in Tire Manufacturing Posted on Oct 21, 2013
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