CHICAGO-Borg-Warner Auto-motive Inc., a supplier of automotive drivetrain components, has elected Ivan Gorr, retired Cooper Tire & Rubber Co. chairman, to its board of directors until 1998. Borg-Warner President and CEO John Fiedler, a former top Goodyear executive, called Mr. Gorr ``without a doubt. . . the outstanding CEO in the tire industry during the past decade.''
CGT to join Borg-Warner board
BRYAN, Ohio-Continental General Tire Inc.'s Bryan plant will increase capacity by beginning a seven-day production schedule July 1 that will require the purchase of new equipment and the addition of about 15 employees.
Officials at the 500,000-sq.-ft. facility, which produces heavy-duty, off-the-road tires, cited an increase in sales in the construction market as the reason for the move.
The 28-year-old plant produces about 250 OTR tires a day, according to industry estimates.
Kelly to invest in Freeport plant
FREEPORT, Ill.-United Rubber Workers at Kelly-Springfield Tire Co.'s Freeport plant approved a weekend shift May 26 in exchange for Kelly's pledge to invest $17 million in radial tire production at the facility, the union local said.
The deal was part of a new three-year contract with URW Local 745 and could mean the hiring of 500 workers, Local President Les Wilson said.
A company spokesman could not confirm the investment figure, but said Kelly has agreed to convert bias light truck tire production to radial as demand grows.
to make Tirecycle
Swedish venture to make Tirecycle
MINNEAPOLIS-Rubber Research Elastomerics Inc. has formed a joint venture with Kopings Foretagar Forum in Koping, Sweden, called Tirecycle Sweden, to manufacture Tirecycle material for the European market.
The partners plan to open a plant in Koping to ``revitalize'' scrap rubber by treating it with the proprietary polymer, making it suitable for use in most types of rubber compounding, RRE said.
RRE's first Tirecycle plant in Babbitt, Minn., closed in 1989 due to financial difficulties.
Goodyear 'Eagle' to soar in China
AKRON-Goodyear has paid $2.15 million to a small Chinese tire maker so it can market its high performance tires in China under the familiar ``Eagle'' trademark, a Goodyear spokesman said.
Hohhot Rubber Plant has used the name ``Eagle'' on its own line of truck tires. Under the agreement, it will be allowed to continue using the name for another two years, the spokesman said.
Hohhot paid $24 to register the name in China in 1985, according to published reports. Still, Goodyear said acquiring rights to the Eagle name was money well spent.
NTDRA issues guide to services
WASHINGTON-As part of its 75th anniversary celebration, the National Tire Dealers & Retreaders Association has produced a 20-page Guide to Services detailing 44 association programs.
The pamphlet, with 14 categories of services and the Independent Tire Dealer's Bill of Rights, will be sent to members and used for membership recruitment.
For a copy, contact the NTDRA, 1250 I St., N.W., Suite 400, Washington, D.C. 20005; (800) 876-8372.
Hayes' revenues jump 20% in qtr.
ROMULUS, Mich.-Hayes Wheels International Inc., a maker of steel and aluminum wheels, reported a 20.1 percent increase in first quarter sales to $159.7 million compared with a year ago.
Earnings grew 6.1 percent to $17.5 million. Hayes said higher selling prices due to the pass-through of increased raw material costs helped boost sales.