 Breaking News Monday, March 15, 2010
Les Schwab settles lawsuit for $2 million 
SEATTLE (March 12, 2010)—Les Schwab Tire Centers will pay $2 million to settle a hiring discrimination lawsuit brought by the Equal Employment Opportunity Commission.
Toyo Tire Americas getting new president
CYPRESS, Calif. (March 12, 2010)—Toyo Tire Holdings of Americas Inc. President Masaharu Yoshimoto is retiring after 38 years with Toyo Tire & Rubber Co. Ltd. and will be succeeded by Takashi Shimizu, senior vice president and chief financial officer of the Cypress-based company.
H.B. Fuller to buy adhesives firm in Malaysia
ST. PAUL, Minn. (March 12, 2010)—H.B. Fuller Co. has reached an agreement to buy all of the shares of industrial adhesives maker Revertex Finewaters Shd. Bhd. in Malaysia, a joint venture of Yule Catto & Co. P.L.C. and Jahor Corp.
Pirelli Tyre improves profit margin
MILAN, Italy (March 11, 2010)—Pirelli Tyre S.p.A. doubled its pre-tax operating earnings last year thanks to the firm’s restructuring efforts and the positive impact of lower raw material costs, the company’s board of directors reported today.
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Lanxess looks into ESBR masterbatch production in Brazil
LEVERKUSEN, Germany (March 11, 2010)—Lanxess A.G. has said it is considering producing emulsion styrene-butadiene rubber black masterbatch in Brazil.
ContiTech inaugurates Changshu facility
HANNOVER, Germany (March 11, 2010)—ContiTech A.G. has inaugurated its newly-completed $55 million state-of-the-art development, production, sales and administrative facility in Changshu, Jiangsu Province, China.
Pirelli Tyre eyes 6-8% growth in 2010
MILAN, Italy (March 10, 2010)—Pirelli Tyre S.p.A. should achieve 6- to 8-percent sales growth this year based on continuing growth in the firm’s emerging markets and recovering demand in North America.
Vincent to succeed Cerio at Firestone Industrial Products
INDIANAPOLIS, Ind. (March 10, 2010)—John Vincent will become president of Firestone Industrial Products Co. L.L.C. on June 1, succeeding Mike Cerio, who is retiring from the Firestone Diversified Products L.L.C. division.
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Goodyear’s Robert Keegan (left) congratulates Richard Kramer, who will take over as president and CEO of the tire maker from Keegan on April 13, at a meeting for employees in Akron.
Kramer to take Goodyear’s helm from Keegan
AKRON—Don’t expect drastic changes in the way Goodyear runs its operation with Richard Kramer at the helm. He’s a long-time disciple of Robert Keegan, who’s stepping down as president and CEO and handing the baton to Kramer. |
Mark Emkes, chairman, president and CEO of Bridgestone Americas Inc., announces his retirement at a recent ga-thering of Bridge- stone employees. The executive has spent more than three dec-ades with the company, starting off changing tires at Firestone Tire & Rubber Co. and ending his career as the head of the manufacturer.
Emkes reflects on career
Mark Emkes learned an important lesson from his first assignment in 1976 with the former Firestone Tire & Rubber Co.: changing tires at a company-owned store.
“If you learn anything from changing tires, it teaches you humility,” said Emkes, who retired Feb. 28 as chairman, president and CEO of Bridgestone Americas Inc. after more than 33 years with Firestone and Bridgestone. |
Tony Thomas of Goodyear, diving in the Caribbean Sea at Cayman Brac. Thomas is a member of the Dive Pirates Foundation, a one-time social club that has evolved into a non-profit organization focusing on instructing disabled people in scuba diving. / Photo by David Haas
Diving in to help the vets
AKRON—Tony Thomas gets a big payoff for helping disabled people, including military veterans, scuba dive in the Caribbean Sea.
No, it’s not monetary. It’s better than that, according to the Goodyear marketing group executive. |
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