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Investments/Expansions

    • Conti consolidating U.S. textile reinforcements units

      BARNESEVILLE, Ga. — ContiTech North America Inc. is consolidating its textile reinforcements business in the U.S. to one plant, in Barnesville, and has budgeted $9 million to cover the move and modernize the 129-year-old Barnesville plant.

    • Triangle eyes North Carolina for plants

      WEIHAI, China — Triangle Group Co. Ltd. has identified North Carolina as the preferred site for a pair of tire plants — one for consumer and one for commercial tires — that it would like to build in the coming three to four years.

    • Pirelli continues rebranding at Aeolus plant

      MILAN, Italy — Pirelli & C. S.p.A. is converting production at Aeolus Tire Co. Ltd.'s passenger tire plant in Jiaozuo, China, to the Pirelli brand from the Aeolus brand following an investment program there.

    • Conti breaks ground on dandelion rubber lab

      ANKLAM, Germany — Continental A.G. has broken ground on the $39 million research and test laboratory in Anklam dedicated to developing the Russian dandelion as an alternative source of latex that could be processed into rubber.

    • GRI to open Sri Lanka radial plant in January

      BADALGAMA, Sri Lanka — Specialty tire producer Global Rubber Industries Pvt. Ltd. is planning to bring on stream in January the radial agricultural and construction tire plant it's building in Badalgama.

    • Hankook income drops in Q3, nine months

      SEOUL, South Korea — Hankook Tire Co. Ltd. suffered double-digit drops in operating income for the quarter and nine months ended Sept. 30, despite increased sales for both periods.

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