Alcoa (NYSE:AA), the inventor of forged aluminum wheels, has rolled out its most durable, easy-to-maintain commercial truck wheel. Alcoa’s new surface-treated Dura-Bright® EVO wheel maintains all the benefits of its predecessor, the Dura-Bright® wheel with XBR® technology, while taking the wheel’s performance to a new level. According to the company, the Dura-Bright EVO wheel is […]
Lehigh Technologies, a sustainable materials company with emphasis on green tire applications has strengthened its R&D (research and development) efforts by adding Chad Jasiunas as Technical Manager for Functional Materials and investing in new mixing and analytical equipment for its Application and Development Center (ADC). According to the company, the expansion is designed to enable […]
TriCan Tire Distributors has acquired the wholesale distribution business of Kipling Tire Co. based in Etobicoke, Ontario, Canada. This acquisition will further strengthen TriCan’s presence in the Southern Ontario region. TriCan began its expansion in Ontario and Eastern Canada by acquiring Regional Tire Distributors Inc. (“RTD”) in the Ontario and Atlantic regions in May 2013. […]
Michelin has introduced its new MICHELIN® Premier® A/S tire with EverGrip™ technology, designed to provide drivers with exceptional levels of safety even as their tires wear down. Here’s the secret: The tire, available this spring, combines hidden grooves that emerge as the tire wears down, expanding rain grooves that widen over time to continue to […]
Apollo Tyres Ltd (NSE: ApolloTYRE) has fired right back at Cooper Tire and issued the following statement in response to the announcement from Cooper Tire & Rubber Company (NYSE: CTB) that it has terminated the Merger Agreement with Apollo announced on June 12, 2013: “Apollo is disappointed that Cooper has prematurely attempted to terminate our […]
Cooper Tire & Rubber Company (NYSE:CTB) has announced that it has terminated the merger agreement with Apollo Tyres (NSE:ApolloTYRE). “It is time to move our business forward,” said Cooper Chairman, Chief Executive Officer and President Roy Armes. “While the strategic rationale for a business combination with Apollo is compelling, it is clear that the merger […]
