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Cooper Tire completes guayule grant

Sentury

Following the project's huge success, economic scale and efficiencies will be necessary in the growth of guayule for it to be competitive with hevea in the market

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Tire abrasion and wear tester

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Kokusai’s latest machine, available in both a passenger/light truck version as well as a truck and bus version, uses mechanical torque-in-loop powertrain conversion to substantially reduce power consumption while speeding up reaction time

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When do you think such materials will be introduced into a mass production tire?

News

Goodyear acquires shares in Nippon Giant Tire facility

Goodyear has acquired 100% shares of its Nippon Giant Tire (NGT) subsidiary in Tatsuno, Japan. The shares were purchased off Goodyear’s joint venture partners, Toyo Tire & Rubber Company and Mitsubishi Corporation for an undisclosed amount.

The company will invest US$250 million in the facility to upgrade and expand its manufacturing technologies and processes and increase production of its off-the-road (OTR) tires. The expansion will also support growth in the company’s Asia pacific OTR business, primarily in Australia.

The expanded factory is expected to be fully operational in early 2014 and will see an increased employment to approximately 400 workers.

Richard J. Kramer, chairman and CEO Goodyear Tire & Rubber Company said, “Goodyear’s OTR tires are in high demand globally. This expansion in Japan is aligned to our Strategy Roadmap, as it will enable us to use market-back innovation to grow in one of our targeted market segments, the global OTR business.”


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