PARIS-Despite 4.2-percent growth in tonnage sold and 3.7 percent higher prices, Groupe Michelin's sales revenue for the first six months of 1995 fell behind last year's due to the negative effects of currency exchange differences-primarily that of the U.S. dollar vs. the French franc. Michelin's sales slipped 0.5 percent to $6.83 billion, compared with the year-ago period, according to a company filing with French authorities. Michelin released no details on profitability; full results will be issued Sept. 12.
A year ago, the company reported first-half earnings for the first time in several years.
Toyo to construct warehouse in Canada
RICHMOND, British Columbia-Toyo Tire Canada Inc. plans to relocate its Richmond headquarters and warehouse in September 1996 to a new 40,000-sq.-ft. facility under construction on Richmond's Annacis Island.
The new facility will be more centrally located and improve the company's distribution efforts, the company said. The new Richmond facility will be Toyo's largest Canadian warehouse, in terms of capacity, ahead of its centers in Montreal and Mississauga, Ontario.
Conference to focus on failure analysis
ALEXANDRIA, Va.-The Maintenance Council (TMC) of the American Trucking Associations will examine failure analysis techniques during its fall meeting in Houston, Oct. 16-19.
In addition to 13 technical sessions for fleet equipment managers, TMC will feature its biennial ``Failure Analysis Display'' with more than 40 hands-on equipment failure analysis exhibits.
For more information, contact TMC, 2200 Mill Road, Alexandria, Va. 22314; (703) 838-1763. Fax: (703) 684-4328.
Goodyear lauded for franchise program
NEW YORK-The September issue of Black Enterprise magazine ranks Goodyear among the 20 best franchises in terms of special initiatives to recruit minority franchisees.
Goodyear, which has 21 franchises owned by African-Americans, had previously appeared on the publication's annual listing of 50 franchise companies with the largest number of black-owned units in the U.S. This year, the magazine opted to rank the ``best,'' but not necessarily the largest, of these companies since ``franchisers with the most black-owned units do not necessarily offer the best opportunities for African-Americans,'' the magazine said.
BFS, Goodyear earn 'best value' award
AKRON-Home Mechanix magazine has named the Bridgestone Potenza RE900, Firestone Firehawk Touring LH and the Goodyear Wrangler Aquatred as the best values for the money among replacement tires.
The publication, which provides information on home improvements and maintaining automobiles, has sponsored the ``Best Value'' awards for three years. The winning products are chosen for production quality, longevity, safety features and innovative aspects.
MAST's Okla. plant nearly back to normal
ARDMORE, Okla.-Uniroyal Goodrich Tire Co.'s Ardmore plant, where a May 7 tornado caused more than $45 million in damage, fell short of its goal of resuming full production within 12 weeks.
The facility currently is operating at 95-percent capacity, said a spokesman for the firm's parent, Michelin North America.
Darrell Cox, a shift coordinator in the plant's shipping department, said each of the three shifts are producing just under 10,000 tires a day, down from about 11,000.
The tire plant hopes to add six days of production next year and is boosting daily output to 36,000 units from about 33,000 units via overtime, Mr. Cox said.
BFS dealers to meet in La. Superdome
NASHVILLE, Tenn.-Bridge-stone/Firestone Inc. will host its third annual consumer dealer meeting Oct. 11 at the Louisiana Superdome in New Orleans, prior to the opening of the National Tire Dealers & Retreaders Association convention.
The meeting will include a dealer expo, featuring new products, programs and business growth strategies, and conclude with a celebration under the dome.
Danubiana Tyre rep. changes name, office
GREENWICH, Conn.-The North American representative for Romanian tire maker Danubiana Tyre Co. S.A., which had operated as ASAROM Inc., has moved and changed its name to N.D. International Trade Inc.
The new address is: N.D. International Trade Inc., 209 Bruce Park Ave., Greenwich, Conn. 06830; (203) 861-6475. Fax: (203) 861-6495.
Daniel Ambarus remains president of the firm.