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Non-Tire

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Automotive
Continental continues investigation into cyberattack

The hacking at the German auto supply giant was said to include sensitive data from customers such as VW, information on supervisory board meetings and correspondence from Chief Controller Wolfgang Reitzle.

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News
Michelin to support Sri Lanka NR production

Michelin, in partnership with a French sustainability group and the French government, has agreed to work with the Sri Lankan government to enhance the wellbeing and productivity of 6,000 small rubber plantation owners in the island nation.

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News
Goodyear sponsors Toys for Tots campaign for 12th year

This will mark the 12th year—and counting—that Goodyear will be collaborating with the U.S. Marine Corps Reserve for the Reserve's Toys for Tots toy collection drive.

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Blogs
Dow at 125: A ‘fair share' of challenges, successes

In 1897, after a few false starts, Herbert Dow rounded up investors in Cleveland and Michigan to finance a bleach plant. America's first comic strip—The Katzenjammer Kids—debuted that same year, as did the Boston Marathon.

Minnesota Rubber and Plastics scientist
Acquisition
Trelleborg completes acquisition of Minnesota Rubber and Plastics

The acquisition of Minnesota Rubber and Plastics will allow Trelleborg to expand its North American footprint in several business areas, including specialty industrial, medical, food and beverage, and water-related infrastructure components—MRP's areas of expertise.

Digital data trucks
Automotive
Continental recruits outside auto to spark innovation

Continental is looking for help with its technology and product innovations these days—turning to its own employees. The company encourages new ideas and supports them as they move toward commercialization.

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Acquisition
Parker-Hannifin completes $7.4 billion acquisition of Meggitt

Mayfield Heights-based Parker-Hannifin, closed on the acquisition of Meggitt.

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Financial
SRI suffers second-quarter operating loss despite higher sales

Sumitomo Rubber Industries suffered an operating loss of $12.3 million in the quarter ended June 30, which contributed to a 56-percent drop in operating income for the half year.

Parker-Hannifin Corp. global headquarters
Acquisition
U.K. clears Parker Hannifin's $7.7 billion purchase of aerospace and defense company Meggitt

Business Secretary Kwasi Kwarteng announced approval of the deal following review of advice from the U.K. Ministry of Defence and the Competition and Markets Authority. Mayfield Heights-based Parker expects the Meggitt deal to close in the third quarter.

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Executive Action
ZF names Holger Klein as its next CEO

Klein, who is responsible for chassis control as well as the Asia-Pacific and India regions, will succeed Wolf-Henning Scheider, who is leaving the supplier in early 2023.

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  • News
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    • Suppliers
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    • Online Exclusive
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    • Ask the Expert
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