BKT has a new U.S. president – Carl Casalbore
Balkrishna Industires Ltd. (BKT) has announced that it has completed the restructuring of its U.S. operations with the appointment of a new President – BKT Tires USA Inc., Carl Casalbore.
Yokohama gets OK from Mississippi for new plant
Mississippi Gov. Phil Bryant has signed legislation that allows Yokohama Rubber Co. Ltd. to build a commercial tire plant in West Point, Miss.
Florida bill to end ethanol gas sent to governor
The Florida Senate has approved legislation to repeal the requirement that all gasoline offered for sale in the state contain a percentage of ethanol by a 33–1 vote, according to the Specialty Equipment Market Association (SEMA).
Kumho jumps from net loss to net gain
Kumho Tire Co. Ltd. posted net income of 130.6 billion won on net sales of more than 4 trillion won for its fiscal 2012 ended Dec. 31, 2012. That compares to a net loss of 26.8 billion won on sales of 3.9 trillion won for fiscal 2011.
Royal Tire adds commercial location
Royal Tire Inc., a St. Cloud, Minn.-based provider of tire and related services to commercial and retail customers, has opened a new commercial service location in western North Dakota.
Border crossing: Trelleborg tires go to Mexico
Trelleborg Wheel Systems Americas Inc., the U.S. division of Trelleborg Wheel Systems SpA, announced that it has entered into an agreement with Mexican tire distributor Neumáticos Muevetierra to market Trelleborg ag and forestry tires in the country.
Tennessee gives Bridgestone plenty of green
Bridgestone Americas Tire Operations LLC received a rebate worth more than $350,000 for the green initiatives implemented at its La Vergne, Tenn., tire manufacturing plant.
Do you want guns in your workplace?
Do you have a gun control policy at your tire dealership? If you don't, perhaps you should think about it.
Titan's Taylor describes 1Q results as 'good'
Titan International Inc. recorded net income of $19.5 million on net sales of $578.4 million for the first quarter ended March 31, 2013. That compares to income of $35.4 million on sales of $463.1 million for the same period in fiscal 2012.
Less sales, more profit for Goodyear in 1Q
Goodyear Tire & Rubber Co. reported net income of $26 million on net sales of $4.9 billion for its first quarter ended March 31, 2013. That compares to a net loss of $11 million on sales of $5.5 billion for the same period last year.
Hankook 1Q sales down, operating income up
Hankook Tire Co. Ltd. recorded consolidated sales of 1.68 trillion won for the first quarter of 2013. That compares to sales of 1.71 trillion won for the same period last year.