Goodyear Tire & Rubber Co. posted net income of $213 million on net sales of $4.7 billion for the second quarter ended June 30, 2014. That compares to income of $181 million on sales of nearly $4.9 billion for the same period last year.
Trico Products Corp. has signed a definitive agreement under which Crowne Group LLC will acquire the company from funds managed by Kohlberg & Co. L.L.C. Trico will maintain its headquarters in Rochester Hills, Mich., and the current management team, led by Lou Braga, president and CEO. Terms of the transaction were not disclosed.
Carter Fuel Systems LLC has introduced more than 120 fuel module assemblies, electrical fuel pump sets, pump-and-hanger assemblies and other products for millions of late-model foreign nameplate and domestic passenger vehicles.
Does your business have bad online reviews? Do you care? You probably do, and yes, you should care. Virtually every business will eventually receive some bad online reviews from its customers. It’s practically impossible to satisfy all your customers all of the time.
Giti Tire Co. Ltd. announced June 16, 2014, that it is building a consumer tire plant in Chester County, S.C. Executives from Giti and its North American subsidiary, Giti Tire (USA) Ltd., joined South Carolina Governor Nikki Haley and state and county officials in announcing the plan.
The process of determining whether or not tariffs should be levied on consumer tire imports from China is well underway, and early reports out of Washington D.C. are not promising -- if you are against the tariffs.