 Breaking News Tuesday, January 06, 2009
ITC rejects Tillotson petition on nitrile gloves 
WASHINGTON (Jan. 6, 2009)—Asian nitrile rubber glove manufacturers aren’t infringing on Tillotson Corp.’s patents with gloves they import to the U.S., the U.S. International Trade Commission has determined.
Investor group buying Columbian
MARIETTA, Ga. (Jan. 6, 2009)—A JPMorgan Chase & Co. investment banking group has agreed to purchase sole ownership of carbon black producer Columbian Chemicals Co.
Forbo sales slip in 4th quarter
BAAR, Switzerland (Jan. 6, 2009)—Flooring, adhesives and belting maker Forbo said its net sales declined considerably in the final quarter of 2008 compared with a year earlier.
Toyota halts output in Japan for 11 days after U.S. sales fall
TOKYO (Jan. 6, 2009) -- Toyota Motor Corp. will halt production at its Japanese plants for 11 days in February and March as plunging U.S. sales has left dealers' lots full of unsold cars, Reuters reported.
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IISRP begins online registration for conference
HOUSTON (Jan. 5, 2009)—The International Institute of Synthetic Rubber Producers has launched registration on its Web site for the organization’s 50th annual general meeting, May 11-14 in New York City.
GM, Ford, Honda, Toyota sales fall by more than 31%
DETOIRT (Jan. 5, 2009) -- General Motors Corp., Ford Motor Co., American Honda and Toyota Motor Sales U.S.A. all reported sales declines of more than 31 percent in December as the U.S. auto industry capped its worst year since the early 1990s.
Harburg-Freudenberger buys Farrel
LUBECK, Germany (Jan. 5, 2009)—Harburg-Freudenberger Maschinenbau GmbH has acquired fellow machinery maker Farrel Corp.
Huntsman receives payment
THE WOODLANDS, Texas (Jan. 5, 2009)—Huntsman Corp. said it has received the final $425 million payment from affiliates of Apollo Management L.P., part of a settlement after a terminated merger between Huntsman and Hexion Specialty Chemicals Inc.
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A worker examines a tire at Bridgestone/Firestone's off-the-road tire plant in Bloomington, Ill. BFS plans to spend $12 million at the plant over the next several years to expand capacity.
Companies find opportunities for growth
AKRON--Despite a challenging year, many companies in the rubber industry announced investment plans. |
Timothy E. Kenney Jr., who like his father has a broad working knowledge of the molded rubber products industry, serves as the plant manager for TEK Molding.
Rubber product maker targets key segments that other firms shun
VERNON, N.J.—Timothy E. Kenney Sr. has seen just about everything there is to see in the rubber industry, and TEK Molding L.L.C. is benefiting greatly from his expertise. |
Steve Barton, president and CEO of Esterline’s Engineered Materials Group, was pivotal in helping Kirkhill Rubber Co. fit into the Esterline family and make its operations run smoothly via lean initiatives.
Rubber Industry Executive of the Year: Barton uses auto, lean background to streamline at Kirkhill
BREA, Calif.--When Steve Barton took over as president of Kirkhill Rubber Co. in 1998, parent company Esterline Technologies Corp. was banking on his experience in automotive rubber parts and lean initiatives to build the company’s business. |
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