Bruce Adams Joins Babcox Publications as Senior Editor
Bruce Adams of Hudson, Ohio, has joined Babcox Publications as senior editor for the company’s Fleet Equipment and Transportation Technology Today (T3) magazines.
TECH-NET, CARQUEST Auto Parts and Bobby Hamilton Racing Raise Awareness For Special Olympics
TECH-NET Professional Auto Service, CARQUEST Auto Parts and Bobby Hamilton Racing joined forces last week to raise funds and awareness for the Law Enforcement Torch Run for Special Olympics. Many of the estimated 3,000 visitors to an open house at Bobby Hamilton Racing in Mt. Juliet, TN. made cash donations to the Law Enforcement Torch Run for Special Olympics to participate in a NASCAR themed tire changing simulation game. Fans who posted a fast time were awarded with Goodyear racing tires, racing hats, shirts and other prizes.
Sumitomo to Build New Plant in Thailand to Produce Dunlop Tires
Sumitomo Rubber Industries plans to start operating a new tire plant in Thailand by January 2007, according to Ryochi Sawada, president of the tiremaker’s Thai business. Sawada’s remarks were made to media sources in Bangkok. Construction of the new plant, to be located in Rayong province, is slated to begin in August.
Beach Elected Secretary of TIA
The Tire Industry Association (TIA) announced that Dan Beach, president and CEO of the Tire Alliance Groupe (TAG), has been elected to the position of secretary within the organization. Beach was named secretary on Apr. 22 at the TIA board of directors meeting held in Louisville, Ky. He will begin his new role with TIA on Nov. 1.
Rubber Companies Agree to EPA Clean-Up
Five rubber companies have agreed to pay some $18 million to the U.S. EPA to fund final clean-up of a Canton, Ohio, landfill the government said they polluted. Current tiremakers Goodyear and Bridgestone, and rubber companies Goodyear Aerospace, BFGoodrich and GenCorp, agreed to a consent decree by the U.S. District Court to fund the clean-up and refund the state of Ohio $875,000 in past costs.
Analysis: Top 100 Automotive Aftermarket Suppliers
For the third year in a row, global tiremakers such as Bridgestone and Michelin have come out on top of the Automotive Aftermarket Suppliers Association’s 2005 Top 100 Automotive Aftermarket Suppliers list. In fact, the first five companies ranked are all tiremakers.
Titan International, Inc. Announces Record First Quarter Net Income and Earnings Per Share
Wheel and tire supplier Titan International posted a record first quarter net income of $11.2 million, up 111 percent from $5.3 million for first quarter 2004. Basic earnings per share were also a record at $.68 for the quarter, increasing 172 percent from $.25 for first quarter 2004.
Stephen Myers Resigns as Myers Industries CEO
Stephen Myers, CEO of Myers Industries Inc. for the last 21 years, yesterday announced that he would resign and retire from that position effective immediately. Myers will continue as chairman of the board. John Orr, currently company president and COO, was named to replace Myers as CEO effective May 1.
Out of the Ordinary: Executive Interview with Tom Dattilo, Cooper Tire & Rubber President and CEO
To get a sense of Cooper Tire & Rubber Co. and its chairman, president and CEO, you need look no further than Tom Dattilo’s corner office. Unlike the vistas other captains of industry enjoy from their lofty perches, Dattilo’s third-floor office overlooks Oler’s Drive Thru, a convenience store that stands as a stark reminder of who the real boss is – the retail customer.
Marangoni Taps Rizzi to Lead Sales
Marangoni Tread North America has named retreading industry veteran Donald Rizzi as its new national sales manager. Prior to joining Marangoni, Rizzi was regional manager for Goodyear’s retread systems business, regional manager for Goodyear Commercial Tire Systems and a Six Sigma project manager for Goodyear.