Continental completes NVH footprint with Cooper Standard deal
DuPont to build $80 million plant in China
Japan's auto makers wonder how to go more 'local' under USMCA
Scottish government, business and union officials work to save Michelin tire plant
EDINBURGH, Scotland—A group of government, business and union officials have combined their efforts in an attempt to prevent the closure of Michelin's tire factory in Dundee, Scotland.
Bridgestone profits decline, sales remain flat through third quarter
TOKYO—Bridgestone has seen its operating income decline 3 percent to $2.6 billion in the first nine months of 2018, compared to the same period the year before.
Sumitomo downgrades fiscal 2018 earnings outlook on rising costs
KOBE, Japan—Sumitomo Rubber Industries has downgraded its earnings forecast for fiscal 2018 for a second time, after suffering a 25 percent drop in operating profit for the quarter ended Sept. 30.
Momentive's third-quarter gains put it back in black
WATERFORD, N.J.—MPM Holdings, the parent company of silicone supplier Momentive Performance Materials, posted gains in sales and net income for the third quarter of 2018.
Wabash receives Indiana Manufacturers Association Hall of Fame award
INDIANAPOLIS—Wabash MPI and its sister company Carver were named recipients of the Indiana Manufacturers Association Hall of Fame award.
Toyoda Gosei expands in China with acquisition of Hubei Rock
KIYOSU, Japan—Toyoda Gosei is purchasing a majority stake in Hubei Rock Rubber and Seal Technology to strengthen its automotive parts business in China.
Continental to raise prices for passenger, light truck tires
FORT MILL, S.C.—Continental Tire the Americas plans to raise prices on Continental- and General-branded passenger and light truck tires sold in the U.S. market.
Bridgestone Americas CEO Gordon Knapp honored by Nashville Business Journal
NASHVILLE, Tenn.—Gordon Knapp, CEO and president of Bridgestone Americas, was named one of Nashville Business Journal's 2018 Most Admired CEOs.
Arsenal sells Elite Comfort Solutions to Leggett & Platt
CARTHAGE, Mo.—U.S. bed maker Leggett & Platt plans to buy Elite Comfort Solutions from Arsenal Capital Partners for $1.25 billion in cash.
Federal court partly remands ITC decision on Chinese truck, bus tires
NEW YORK—Retreaders and tire workers are pleased with a federal court decision partly remanding the International Trade Commission's February 2017 decision not to issue countervailing and antidumping duties against Chinese truck and bus tire imports.
Yokohama dials back 2018 forecast despite positive 9-month results
TOKYO—Yokohama Rubber has revised downward its earnings outlook for fiscal 2018 despite reporting a double-digit gain in business profit for the first nine months of the fiscal year.
Evonik company secures funding for silica production plant in Turkey
SAKARYA, Turkey—The European Bank for Reconstruction and Development is lending $16.9 million to a Turkish chemicals company to increase its production of precipitated silica for green tires.