OAKLAND, Calif.-Standard Products Co. announced that John D. Woodland Jr. has resigned from its Oliver Rubber Co. subsidiary and will become a consultant to James S. Reid, Standard Products chairman and CEO. Mr. Woodland was president and CEO of Oliver from 1978 to mid-1993. His new duties will include European export development and government liaison.
Bridgestone sees 77% profit leap
NASHVILLE, Tenn.- Bridge stone Corp. expects to report nonconsolidated pretax profits of about $352 million (30 billion yen) for the first half, ended June 30-a rise of 77 percent from the 1994 period.
Nonconsolidated results are those of the Japanese parent company only and exclude overseas subsidiaries such as Bridgestone/Firestone Inc. The growth was due to increases in sales within Japan and in exports to the U.S.