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    • Toyo fiscal 2017 operating income down, sales up

      HYOGO, Japan Toyo Tire & Rubber Co. Ltd.'s fiscal 2017 operating income fell 8.1 percent from 2016 on 6.1-percent higher sales, as higher raw materials-related costs overshadowed gains in sales/mix and currency exchange rates.

    • SRI fiscal 2017: sales up 16%, operating income down 8%

      KOBE, Japan — Sumitomo Rubber Industries Ltd. reported an 8-percent drop in operating income for fiscal 2017 despite 16-percent higher sales, as gains in pricing and volume/mix weren't enough to offset higher raw materials-related costs.

    • Sri Lankan president attends GRI gala

      BADALGAMA, Sri Lanka — Sri Lankan President Maithripala Sirisena was among the special guests who attended the gala reception held to celebrate the opening of specialty tire manufacturer Global Rubber Industries Pvt. Ltd.'s pneumatic tire...

    • Petlas adding 'smart' warehouse at Turkey plant

      ANKARA, Turkey Petlas Tire & Trade Corp. has begun construction of an automated "smart" warehouse at its factory complex in Ankara that's designed to improve its delivery logistics for customers worldwide.

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