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Video: Executive of Year Rick Valeriote follows his father's footsteps
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GUELPH, Ontario—Rick Valeriote learned a lot of his values in working for his father, Joe, during the early years of his career at Silcofab, the rubber product firm founded by the elder...
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GUELPH, Ontario—Rick Valeriote learned a lot of his values in working for his father, Joe Valeriote. GUELPH, Ontario—Rick Valeriote learned a lot of his values in working for his father, Joe Valeriote. $GUELPH, Ontario—Rick Valeriote learned a lot of his values in working for his father, Joe Valeriote.
Wacky World of Rubber: Christmas songs played by a rubber band
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As the holidays approach, who isn't looking for a way to incorporate their love of rubber bands into the celebration? I wasn't sure what to expect from "A Rubber Band Christmas," which seems to...
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I wasn't sure what to expect from "A Rubber Band Christmas," which seems to be a collection of holiday songs played primarily on rubber bands. I wasn't sure what to expect from "A Rubber Band Christmas," which seems to be a collection of holiday songs played primarily on rubber bands. $I wasn't sure what to expect from "A Rubber Band Christmas," which seems to be a collection of holiday songs played primarily on rubber bands.
Executive of the year: Rick Valeriote leaves impression on industry
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GUELPH, Ontario—When Wasif Khan worked as part of the former DuPont Dow joint venture for automotive applications, he partnered with Rick Valeriote on several projects, including converting...
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GUELPH, Ontario—Rick Valeriote's passion, intelligence and creativity have been an inspiration to many. His impact on the industry was among the reasons he was selected as the 2017 Executive of the Year. GUELPH, Ontario—Rick Valeriote's passion, intelligence and creativity have been an inspiration to many. His impact on the industry was among the reasons he was selected as the 2017 Executive of the Year. $GUELPH, Ontario—Rick Valeriote's passion, intelligence and creativity have been an inspiration to many. His impact on the industry was among the reasons he was selected as the 2017 Executive of the Year.
Driven by emotion: Designing the auto interiors of the future
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DETROIT—How do you want to feel? That was the grand rhetorical question posed by Gaia Crippa, a London-based materials specialist and colors, materials and finishes designer at Chris...
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How do you want to feel when you're inside the vehicle of the future—it'll be autonomous, by the way—and what role do materials play in evoking positive emotions in passengers? How do you want to feel when you're inside the vehicle of the future—it'll be autonomous, by the way—and what role do materials play in evoking positive emotions in passengers? $How do you want to feel when you're inside the vehicle of the future—it'll be autonomous, by the way—and what role do materials play in evoking positive emotions in passengers?
Executive of the year: Rick Valeriote's son, employees proud to work for him
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GUELPH, Ontario—Geoff Valeriote hears from skeptics all the time who can't believe he works for his father. But he says these people don't know what it's like to work for his dad, Rick...
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GUELPH, Ontario—Geoff Valeriote hears from skeptics all the time who can't believe he works for his father. But he says these people don't know what it's like to work for his dad, Rick Valeriote. GUELPH, Ontario—Geoff Valeriote hears from skeptics all the time who can't believe he works for his father. But he says these people don't know what it's like to work for his dad, Rick Valeriote. $GUELPH, Ontario—Geoff Valeriote hears from skeptics all the time who can't believe he works for his father. But he says these people don't know what it's like to work for his dad, Rick Valeriote.
Executive of the year: Rick Valeriote leads by example
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GUELPH, Ontario—Rick Valeriote has been part of the rubber industry for more than four decades. The journey has taken him from working for his dad, to being a CEO before he was 30. From...
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GUELPH, Ontario—Rick Valeriote has been part of the rubber industry for more than four decades. GUELPH, Ontario—Rick Valeriote has been part of the rubber industry for more than four decades. $GUELPH, Ontario—Rick Valeriote has been part of the rubber industry for more than four decades.
Cooper Tire to lay off 80 employees
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FINDLAY, Ohio—Cooper Tire & Rubber Co. has confirmed it will lay off 80 people in North America. The firm said in an emailed statement that it has reorganized certain departments,...
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FINDLAY, Ohio—Cooper Tire will eliminate 80 salaried positions in North America. FINDLAY, Ohio—Cooper Tire will eliminate 80 salaried positions in North America. $FINDLAY, Ohio—Cooper Tire will eliminate 80 salaried positions in North America.
Editorial: Elastomer Valley group advocates for Quebec firms
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Much has been in the news lately about the negotiations to re-work the North American Free Trade Agreement. But a lot of those discussions have focused on the U.S. and Mexico, particularly because ...
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There is one association that has quietly championed the rubber industry in Quebec for years. And because of its dedication, the Elastomer Valley group has helped keep rubber manufacturing thriving in Canada. There is one association that has quietly championed the rubber industry in Quebec for years. And because of its dedication, the Elastomer Valley group has helped keep rubber manufacturing thriving in Canada. $There is one association that has quietly championed the rubber industry in Quebec for years. And because of its dedication, the Elastomer Valley group has helped keep rubber manufacturing thriving in Canada.
Rol-Tec investment brings new machine
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ASHWAUBENON, Wis.—Rol-Tec Inc. has invested in a second precision laser engraving machine to meet growing demand for in-the-round flexo printing sleeves and cylinders.This second Kronos...
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ASHWAUBENON, Wis.óRol-Tec has invested in a second precision laser engraving machine to meet growing demand for in-the-round flexo printing sleeves and cylinders. ASHWAUBENON, Wis.óRol-Tec has invested in a second precision laser engraving machine to meet growing demand for in-the-round flexo printing sleeves and cylinders. $ASHWAUBENON, Wis.óRol-Tec has invested in a second precision laser engraving machine to meet growing demand for in-the-round flexo printing sleeves and cylinders.
Wacky World of Rubber: Something's popping
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Visiting Grandma, there were certain things you could count on. You knew, for instance, that there would be cookies in the cookie jar, and that she was going to challenge you to a game of rummy....
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Visiting Grandma, there were certain things you could count on. You knew, for instance, that she would insist on making some popcorn in the hot-air popper. Visiting Grandma, there were certain things you could count on. You knew, for instance, that she would insist on making some popcorn in the hot-air popper. $Visiting Grandma, there were certain things you could count on. You knew, for instance, that she would insist on making some popcorn in the hot-air popper.
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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