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Business/Financial

    • Amerityre reports fiscal year 2017 profit

      BOULDER CITY, Nev. Polyurethane tire developer Amerityre Inc. reported fiscal net earnings of $33,321 for the year ended June 30, the first full-year net profit in the company's 21-year history.

    • BPI to boost brake capacity at Laixi plant

      MCHENRY, Ill. Brake Parts Inc., maker of Raybestos-brand brakes, has invested in new manufacturing and testing equipment at its BPI-Laixi plant in Laixi, China, in order to expand brake testing capabilities and increase production capacity.

    • Goodyear, Giti, Hankook plants due on stream

      AKRON — Tire manufacturing in North America is due for a sizable boost over the coming few months as Goodyear, Hankook Tire America Corp. and Giti Tire Group commission commercial-scale production at new factories in Mexico and the U.S.

    • Hankook, Nokian make sustainability list

      NEW YORK Hankook Tire Co. Ltd. and Nokian Tyres Inc. have been selected for the Dow Jones Sustainability Index (DJSI), an annual sustainability assessment of large publicly traded companies by the Swiss RobecoSAM.

    • A Major undertaking for father and son

      MASSILLON, Ohio — During his 44-year career in the tire business, Rex Pennington has performed most every job in a retail tire and auto repair shop and has worked for a variety of managers.

    • Love's agrees to purchase Speedco from Bridgestone

      OKLAHOMA CITY — Love's Travel Stops & Country Stores Inc. continues to add to its portfolio, reaching an agreement to purchase Speedco Inc., a Bridgestone Americas Inc. commercial tire and service lube business.

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