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Video: Puskas gives advice to women facing discrimination
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BEACHWOOD, Ohio—Throughout her career in both industry and academia, Judit Puskas experienced firsthand the discrimination females face in the rubber industry. Even back to university...
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BEACHWOOD, Ohio—Throughout her career in both industry and academia, Judit Puskas experienced firsthand the discrimination females face in the rubber industry. BEACHWOOD, Ohio—Throughout her career in both industry and academia, Judit Puskas experienced firsthand the discrimination females face in the rubber industry. $BEACHWOOD, Ohio—Throughout her career in both industry and academia, Judit Puskas experienced firsthand the discrimination females face in the rubber industry.
Semperit suspends outlook after tough first half
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VIENNA—With guidance from a new management team, Semperit Group took the first steps in a transition phase intended to restore the profitability of key business segments."We will not leave...
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VIENNAŚWith guidance from a new management team, Semperit Group took the first steps in a transition phase intended to restore the profitability of key business segments. VIENNAŚWith guidance from a new management team, Semperit Group took the first steps in a transition phase intended to restore the profitability of key business segments. $VIENNAŚWith guidance from a new management team, Semperit Group took the first steps in a transition phase intended to restore the profitability of key business segments.
Barcode system eliminates drum mix-ups during LSR molding
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OFTERING, Austria—Elmet GmbH, an Austrian operating system supplier for the injection molding of two-component liquid silicone rubbers, introduced a standardized barcode system for drum...
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OFTERING, AustriaŚElmet, an operating system supplier for the injection molding of two-component liquid silicone rubbers, introduced a standardized barcode system for drum labeling and recognition. OFTERING, AustriaŚElmet, an operating system supplier for the injection molding of two-component liquid silicone rubbers, introduced a standardized barcode system for drum labeling and recognition. $OFTERING, AustriaŚElmet, an operating system supplier for the injection molding of two-component liquid silicone rubbers, introduced a standardized barcode system for drum labeling and recognition.
NR supply, demand doesn't square with price trends
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Some things in life just don't make sense. Take the current state of natural rubber pricing supply and demand. According to the Association of Natural Rubber Producing Countries, there's a current ...
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Some things in life just don't make sense. Take the current state of natural rubber pricing supply and demand. Some things in life just don't make sense. Take the current state of natural rubber pricing supply and demand. $Some things in life just don't make sense. Take the current state of natural rubber pricing supply and demand.
Jobs, supply chain, growth: Why auto is an important part of NAFTA
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TORONTO—The future of Canada's more than one million automotive jobs has emerged as a critical part of what's at stake at the NAFTA renegotiation table in Washington after the U.S. chief...
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TORONTO—The future of Canada's more than one million automotive jobs has emerged as a critical part of what's at stake at the NAFTA renegotiation table in Washington. TORONTO—The future of Canada's more than one million automotive jobs has emerged as a critical part of what's at stake at the NAFTA renegotiation table in Washington. $TORONTO—The future of Canada's more than one million automotive jobs has emerged as a critical part of what's at stake at the NAFTA renegotiation table in Washington.
Continental, Kordsa partner on adhesion system development
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HANOVER, Germany—Continental A.G.'s tire division is partnering with Kordsa Inc., an international supplier of textile reinforcing materials for the tire industry, to develop a sustainable...
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HANOVER, Germany—Continental's tire division is partnering with Kordsa to develop a sustainable adhesion system standard for bonding textile reinforcing materials to rubber-based compounds. HANOVER, Germany—Continental's tire division is partnering with Kordsa to develop a sustainable adhesion system standard for bonding textile reinforcing materials to rubber-based compounds. $HANOVER, Germany—Continental's tire division is partnering with Kordsa to develop a sustainable adhesion system standard for bonding textile reinforcing materials to rubber-based compounds.
Funding leads Fluence Analytics to new phase
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NEW ORLEANS—Back in May, Fluence Analytics said it had raised a Series A round of funding led by Energy Innovation Capital, a venture capital firm that invests in growing companies in energy ...
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NEW ORLEANS—With a Series A round of funding led by Energy Innovation Capital, Fluence Analytics has set a course for growth. NEW ORLEANS—With a Series A round of funding led by Energy Innovation Capital, Fluence Analytics has set a course for growth. $NEW ORLEANS—With a Series A round of funding led by Energy Innovation Capital, Fluence Analytics has set a course for growth.
Barco opens new Georgia plant
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TALLAPOOSA, Ga.—British American Rubber Co., a subsidiary of Montague Investments L.L.C., invested about $10 million to build a specialty rubber compounding facility in Tallapoosa, according ...
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TALLAPOOSA, Ga.—British American Rubber, a subsidiary of Montague Investments, invested about $10 million to build a specialty rubber compounding facility in Tallapoosa, according to President Mike Cash. TALLAPOOSA, Ga.—British American Rubber, a subsidiary of Montague Investments, invested about $10 million to build a specialty rubber compounding facility in Tallapoosa, according to President Mike Cash. $TALLAPOOSA, Ga.—British American Rubber, a subsidiary of Montague Investments, invested about $10 million to build a specialty rubber compounding facility in Tallapoosa, according to President Mike Cash.
Decentralized approach works for Singer
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SAN ANTONIO—For SBP Holdings, parent of rubber goods distributor Singer Equities Inc., it was a big deal when it boosted the size of its corporate staff by 33 percent. That's right, it went ...
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SAN ANTONIO—SBP, parent of rubber goods distributor Singer Equities, has stuck to a decentralized business approach as it has grown significantly, aided by 19 acquisitions made since 1999. SAN ANTONIO—SBP, parent of rubber goods distributor Singer Equities, has stuck to a decentralized business approach as it has grown significantly, aided by 19 acquisitions made since 1999. $SAN ANTONIO—SBP, parent of rubber goods distributor Singer Equities, has stuck to a decentralized business approach as it has grown significantly, aided by 19 acquisitions made since 1999.
Katz sees growth opportunities for polyurethanes
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Linda Katz, the Polyurethanes Manufacturers Association's new president, is very familiar with the plastics world. Her father ran an injection molding company in Wisconsin and she worked there as ...
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Linda Katz discusses the potential of polyurethanes in a variety of industries. Linda Katz discusses the potential of polyurethanes in a variety of industries. $Linda Katz discusses the potential of polyurethanes in a variety of industries.
Digital Edition
Digital Edition
Published on September 5, 2005

Pneustone opens mothballed Conti plant

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Date Published September 5, 2005
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A Mexican investors' group has purchased a closed Continental A.G. tire manufacturing plant and put it back in business.

Llanti Systems recently restarted the facility that had sat idle since late 2001. The firm expects to reach a daily production of 7,000 tires by year-end.

Llanti, doing business as Pneustone S.A. de C.V., acquired the factory from Conti in January. The factory has no direct employees, instead establishing a subsidiary, Corporacion de Occidente, that provides the labor for the facility. The plant has more than 500 workers.

The Guadalajara plant closed in 2001. Conti blamed the shutdown-which cost 1,164 hourly and salaried workers their jobs-on the labor union at the factory, the Confederation of Mexican Workers. The company claimed the facility had operational losses and low capacity utilization.

For its part, Llanti Systems is calling its arrangement a ``new strategy to restart (the) plant's operations.'' Executive Vice President Jose Suarez said Llanti Systems will run the entire operation of the plant, including sales and management. Only in some key decisions, such as selling a fixed asset or asking for a loan, will the company need to get the workers' approval.

``Although there is no union in this cooperative company, we do have a labor contract that considers most people's concerns, including pay raises, and which stipulates internal regulations to hire or fire employees, along with all other general issues,'' Suarez said.

Workers also share the company's profits, he said.

Suarez said the factory has capacity for more production, but declined to forecast a long-term production estimate. The plant's acquisition was completed in January, but the company didn't receive the property until March because of certain parts of the agreement.

For now, Conti has been helping with technical assistance for the plant's opening, he said. The tire maker also produces a private brand, Pneustone, for the Mexican company in the U.S. Llanti Systems makes Pneustone for the Mexican market.

``As (of) today both companies are exploring various business opportunities,'' according to the executive. He said there is a possibility that some associate brands will be produced for Continental at the plant.

The facility produces passenger and light truck radial tires as well as bias truck and light truck tires.

The company plans to manufacture various private brand tires for independent tire dealers and other tire makers. In addition to Pneustone, the firm produces the Blackstone brand for the Mexican market.

Outside of Mexico, company officials said they are ``approaching'' the European and Central American regions, but no tires will be sold in the U.S. in the short term.

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