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Global Tire Report – 2024 | Rubber News
Rubber News presents the 39th annual Global Tire Report.. This report includes: the Top 75 tire makers in the world for 2024 based on 2023 global tire sales; charts on fiscal 2023 sales and earnings comparisons, sales per employee, and capital and R&D spending trends; and a listing of world tire production facilities.
ARPM updates hose handbook for 2025 | Rubber News
Dec 18, 2024 · The Association for Rubber Products Manufacturers updated its IP-2 hose handbook for the first time since 2020, complete with the latest hose industry innovations.
Promises kept: ContiTech breaks ground on Mexican hose plant
Mar 1, 2024 · FAIRLAWN, Ohio—ContiTech USA Inc. CEO Andreas Gerstenberger is fond of the phrase "we say what we do and we do what we say.". That's certainly the case with ContiTech's plans for its new hydraulic hose manufacturing facility in Mexico. And then some. From when the business unit of Germany's Continental A.G. first announced the project in 2022 to when it broke ground Jan. 26, a lot has changed.
Flexsys transition on track in 'turbulent world' | Rubber News
Oct 21, 2022 · AKRON—Flexsys America L.P. is on track with a transition into its own system amid raw materials and inflationary headwinds, according to Sandip Tyagi, CEO of the tire additives business. "Since the completion of the carve-out transaction late last year, we have hired over 150 new employees," Tyagi said, "… and we are in the final phase of transition over onto our own business systems."
Curiosity driving growth, transition for NRP-Jones
Oct 10, 2024 · Curiosity, as a precursor to knowledge of any industry, leads to better processes and market forecasts, according to NRP-Jones L.L.C. CEO Joe Kochan.
Small firms making big impacts on rubber industry | Rubber News
Jan 3, 2025 · AFC Materials Group is a turnkey company of about 200 people that remains a design-for-purpose firm with about 85 percent of its sales coming via PTFE- and silicone-coated products for high-temperature, non-stick applications.. And while the Lake in the Hills, Ill.-based firm has become a leaner operation, it's also looking to grow into new markets.
5 major rubber industry leadership changes of 2024 | Rubber News
6 days ago · Companies large and small—including three of the world's largest tire manufacturers—saw changes at the top in 2024. New faces are leading Goodyear, Michelin and Bridgestone units in 2025, while other industry organizations, like the Tire Industry Association that serves as an advocacy group for so many causes, will move into the new year with Debra Hamlin at the helm.
Hose, belt sector sees mostly stable 2024 | Rubber News
Jan 7, 2025 · Joe Kochan took over as CEO of La Porte, Ind.-based hose firm NRP-Jones in November 2023. Just under a year into his tenure, Kochan took the stage at the Rubber News Hose and Belt Conference Oct. 1, announcing that the company would be undergoing a transition period in the future.. The firm, Kochan said, is poised to see "a tremendous amount of change" in 2024 and beyond.
Rubber distributors see ample activity in 2024 | Rubber News
Jan 3, 2025 · When American Tire Distributors Inc. filed for Chapter 11 bankruptcy protection in October, it left Goodyear and Continental Tire North America Inc. among its largest creditors. ATD, the largest independent wholesale tire distributor in the U.S. with 2023 sales of $5.7 billion, said its voluntary filing was a means to position itself as a stronger partner to manufacturers and retail customers ...