Current Issue
×

Top Stories

Title Issue Date Category Formats Records Price
Executive of the Year: Philadelphia group seeks to provide road for ex-offenders
View Description View Full Details
Often times, the people who need a second chance don't get it. Fortunately, William Stockwell believes in second chances. The president of Philadelphia-based Stockwell Elastomerics Inc....
View Full Details »
Often times, the people who need a second chance don't get it. Fortunately, William Stockwell believes in second chances. Often times, the people who need a second chance don't get it. Fortunately, William Stockwell believes in second chances. $Often times, the people who need a second chance don't get it. Fortunately, William Stockwell believes in second chances.
NIBA president looks to keep the course
View Description View Full Details
PHOENIX—Brian Schachner, NIBA's new president, wants to help the association stay steady on a path of growth established by prior leadership. "My goal is mainly to maintain the direction...
View Full Details »
PHOENIX—Brian Schachner, NIBA's new president, wants to help the association stay steady on a path of growth established by prior leadership. PHOENIX—Brian Schachner, NIBA's new president, wants to help the association stay steady on a path of growth established by prior leadership. $ PHOENIX—Brian Schachner, NIBA's new president, wants to help the association stay steady on a path of growth established by prior leadership.
Executive of the Year: William Stockwell makes lasting impact on his family's company, employees
View Description View Full Details
William Stockwell always wanted to follow his own path. Oddly enough, embracing the same family legacy he initially felt would prevent him from forging his own identity has allowed him to do just...
View Full Details »
William Stockwell always wanted to follow his own path. Oddly enough, embracing the same family legacy he initially felt would prevent him from forging his own identity has allowed him to do just that. William Stockwell always wanted to follow his own path. Oddly enough, embracing the same family legacy he initially felt would prevent him from forging his own identity has allowed him to do just that. $ William Stockwell always wanted to follow his own path. Oddly enough, embracing the same family legacy he initially felt would prevent him from forging his own identity has allowed him to do just that.
Editorial: Trade dispute over rubber bands has big implications
View Description View Full Details
Much of the talk regarding international trade wars, tariffs and duties revolves around what impact those activities will have on the automobile industry and, closer to our readership, the tire...
View Full Details »
Much of the talk regarding international trade wars, tariffs and duties revolves around what impact those activities will have on the automobile industry and, closer to our readership, the tire sector. Much of the talk regarding international trade wars, tariffs and duties revolves around what impact those activities will have on the automobile industry and, closer to our readership, the tire sector. $ Much of the talk regarding international trade wars, tariffs and duties revolves around what impact those activities will have on the automobile industry and, closer to our readership, the tire sector.
Nokian opens North American headquarters in Nashville
View Description View Full Details
NASHVILLE, Tenn.—Nokian Tyres P.L.C. has opened its North American headquarters office in Nashville, housing the company's sales, customer service, IT, logistics and marketing teams. As...
View Full Details »
NASHVILLE, Tenn.—Nokian has opened its North American headquarters office in Nashville, housing the company's sales, customer service, IT, logistics and marketing teams. NASHVILLE, Tenn.—Nokian has opened its North American headquarters office in Nashville, housing the company's sales, customer service, IT, logistics and marketing teams. $NASHVILLE, Tenn.—Nokian has opened its North American headquarters office in Nashville, housing the company's sales, customer service, IT, logistics and marketing teams.
Auto sales volume dips as cars sputter, still on pace for 17 million sold this year
View Description View Full Details
U.S. light-vehicle sales slipped 0.5 percent in November as robust fleet shipments by some auto makers failed to offset slumping demand for passenger cars. But the seasonally adjusted annualized...
View Full Details »
U.S. light-vehicle sales slipped 0.5 percent in November as robust fleet shipments by some auto makers failed to offset slumping demand for passenger cars. U.S. light-vehicle sales slipped 0.5 percent in November as robust fleet shipments by some auto makers failed to offset slumping demand for passenger cars. $U.S. light-vehicle sales slipped 0.5 percent in November as robust fleet shipments by some auto makers failed to offset slumping demand for passenger cars.
Mary Barra pressed by Ohio senators to keep GM's Lordstown plant open
View Description View Full Details
WASHINGTON—Ohio's Sens. Sherrod Brown and Rob Portman urged General Motors CEO Mary Barra to accelerate contract talks with union officials and decisions on where to build new products so...
View Full Details »
WASHINGTON—Ohio's Sens. Sherrod Brown and Rob Portman urged General Motors CEO Mary Barra to accelerate contract talks with union officials and decisions on where to build new products so the state's Lordstown plant can continue operating. WASHINGTON—Ohio's Sens. Sherrod Brown and Rob Portman urged General Motors CEO Mary Barra to accelerate contract talks with union officials and decisions on where to build new products so the state's Lordstown plant can continue operating. $WASHINGTON—Ohio's Sens. Sherrod Brown and Rob Portman urged General Motors CEO Mary Barra to accelerate contract talks with union officials and decisions on where to build new products so the state's Lordstown plant can continue operating.
Wacky World of Rubber: Nectar bets on science, humor in new ad campaign
View Description View Full Details
Nectar Sleep gets it. Science sells. Late last month, Nectar launched a YouTube ad featuring Mayim Bialik, who probably is best known for her portrayal of neurobiologist Amy Farrah Fowler in the...
View Full Details »
Nectar Sleep gets it. Science sells. That's why the company launched a new ad featuring actress and real-life scientist Mayim Bialik, best known for her portrayal of neurobiologist Amy Farrah Fowler in the CBS sitcom "The Big Bang Theory." Nectar Sleep gets it. Science sells. That's why the company launched a new ad featuring actress and real-life scientist Mayim Bialik, best known for her portrayal of neurobiologist Amy Farrah Fowler in the CBS sitcom "The Big Bang Theory." $Nectar Sleep gets it. Science sells. That's why the company launched a new ad featuring actress and real-life scientist Mayim Bialik, best known for her portrayal of neurobiologist Amy Farrah Fowler in the CBS sitcom "The Big Bang Theory."
Evonik launches silica production at South Carolina plant
View Description View Full Details
GOOSE CREEK, S.C.—Evonik Industries A.G. has launched production of precipitated silicas at its new world scale plant in Goose Creek.Construction of the facility, located near Charleston, S....
View Full Details »
GOOSE CREEK, S.C.—Evonik has launched production of precipitated silicas at its new world scale plant in Goose Creek. GOOSE CREEK, S.C.—Evonik has launched production of precipitated silicas at its new world scale plant in Goose Creek. $GOOSE CREEK, S.C.—Evonik has launched production of precipitated silicas at its new world scale plant in Goose Creek.
Diversification will help suppliers weather storm from GM plant shutdown in Lordstown
View Description View Full Details
Bill Koehler, CEO of Team NEO, is concerned about the workers who soon could be losing their jobs due to General Motors Co.'s decision to not give the Lordstown, Ohio, plant any new products next...
View Full Details »
Bill Koehler, CEO of Team NEO, is concerned about the workers who soon could be losing their jobs due to General Motors' decision to close its Lordstown, Ohio, plant. But when it comes to the region overall, he has fewer worries. Bill Koehler, CEO of Team NEO, is concerned about the workers who soon could be losing their jobs due to General Motors' decision to close its Lordstown, Ohio, plant. But when it comes to the region overall, he has fewer worries. $Bill Koehler, CEO of Team NEO, is concerned about the workers who soon could be losing their jobs due to General Motors' decision to close its Lordstown, Ohio, plant. But when it comes to the region overall, he has fewer worries.
Digital Edition
Digital Edition
Published on September 3, 2007

Hold up

Have a question? Need some help?
Click here to view the FAQ

Tags

Date Published September 3, 2007
Category

The opening of a new Yokohama Rubber Co. Ltd. truck and bus tire plant in China is being delayed by nearly a year, but that hasn't curtailed a huge growth in the firm's sales in the nation.

The Suzhou Yokohama Tire Co. facility in Suzhou, Jiangsu Province, was scheduled to open this month. But problems in meeting environmental regulations has put back the opening of the factory until August 2008, the company said.

When the $81 million plant does start up, it will have a first-year production target of 80,000 tires, according to Yuji Sakamoto, general manager, marketing communication department at Yokohama Rubber (China) Co. Ltd., the Japanese manufacturer's holding company in China. Annual capacity will reach 350,000 units by 2009, he said.

Yokohama's other tire plant in China-the Hangzhou Yokohama Tire Co. Ltd. operation in Hangzhou that makes passenger and light truck tires-itself is undergoing a $25.4 million expansion. Sakamoto said that project will double annual capacity at the site to more than 2 million tires by May 2008.

The projects are under way while Yokohama expects to achieve a 50-percent increase in revenue in China this year, to nearly $115 million, with a 60/40 split between replacement and original equipment market sales. In 2006, China contributed only 1.5 percent to Yokohama's global tire sales, but by 2017 that will be closer to 10 percent, Sakamoto said.

Besides its aftermarket presence in that nation, Yokohama is a major OE supplier to the Chinese assembly operations of Honda Motor Co. Ltd., Mitsubushi Motors Corp., Toyota Motor Co. Ltd. and Suzuki Motor Co. Ltd. Sakamoto said the firm has exclusive supply status in China for the Toyota Camry and the Honda Civic.

Being an OE supplier is quite important in China, Sakamoto said, because 70 percent of Chinese car buyers want to replace their vehicles' original tires with the same brand as the OE tires. This contrasts sharply with Japan, where fewer than 30 percent of consumers stick with the same tire.

"Chinese customers don't know they can change the tire," Sakamoto said.

Passenger tires also are exported from China for sale in the Japanese aftermarket, but for now at least, Yokohama is not exporting to the U.S. from China.

"Aftermarket sales (are) getting higher and higher," he said. "We need to ride the wave."

Hangzhou Yokohama has made a change in its source for natural rubber. Earlier this year, the company reported it began using NR in its tire production grown on China's Hainan Island. The company declined to name the supplier.

Previously all natural and synthetic rubber was imported from Japan and Southeast Asia. SR is still imported, and Sakamoto said he expects the Chinese NR to be exported to Yokohama in Japan in the future.

ERROR: Object template cce_CCI_SITE is missing!