Cooper names Fahl exec. V.P.
FINDLAY, Ohio—Cooper Tire & Rubber Co. has named Cooper Tire President John Fahl executive vice president of the corporation.
The appointment is in addition to Mr. Fahl's current responsibilities as head of Cooper Tire and its North American tire division. He also served as a vice president of the parent corporation since 1978.
Since joining Cooper in 1955, Mr. Fahl has held a variety of management positions in the company's technical, manufacturing, transportation and purchasing areas. He was elected to the board of directors in 1992 and named president of the tire unit in 1994.
Separately, the company also appointed Roderick F. Millhof as executive vice president of its Cooper-Standard Automotive unit.
In addition to directing the unit's sales and marketing strategies, Mr. Millhof will be responsible for its strategic joint ventures with Nishikawa Rubber Co. of Hiroshima, Japan, and Jin Young Standard of Inchon, South Korea.
Deadline nears for 'Humanitarian'
AKRON—The July 31 deadline for submitting nominations for Tire Business' Humanitarian Award is fast approaching.
The award honors an independent tire dealer who has made a difference in his or her community through charitable and/or civic contributions.
The winner will receive a bronze medal and a $1,000 donation to the charity of his or her choice during the Tire Association of North America/Specialty Equipment Market Association trade show in Las Vegas, Oct. 31-Nov. 3. To submit an entry, use the form on page 20 of this issue or call Tire Business at (330) 865-6148.
Permatex buys No Touch N.A.
HARTFORD, Conn.—Permatex Inc. has acquired tire and wheel care product maker No Touch North America and plans to fully integrate the company's operations into its own by year's end.
Permatex, a Hartford-based manufacturer of automotive chemicals, including cleaners and adhesives, recently purchased No Touch for an undisclosed sum and will move No Touch's headquarters in Lake Forest, Calif, to Hartford. Customer service functions moved to Hartford on July 3, and the transition of No Touch's marketing and distribution will take place during the next few months.
No Touch will add approximately $10 million to Permatex's annual revenues, which exceed $130 million. Besides Permatex, the company's brands include Right Stuff and Fast Orange.
TBC names retail subsidiary heads
MEMPHIS, Tenn. —TBC Corp. has appointed Orland Wolford president and CEO of its newly acquired subsidiary, Tire Kingdom Inc. TBC also promoted John B. Adams to president of its Big O Tires Inc. subsidiary following the resignation of longtime Big O President/CEO Steven P. Cloward.
Mr. Wolford had been a vice president with Olson Tire Total Car Care since Olson's 1997 purchase of Florida-based Automotive Industries Inc., of which Mr. Wolford had been president and CEO. Prior to that, he spent 19 years with Firestone's retail division.
Mr. Adams previously had served as vice president of operations for Big O. Prior to that, he had been the firm's chief financial officer for nearly 10 years and was a member of Big O's board of directors until the company was acquired by TBC in 1996.
Fire breaks out at N.M. recycler
SOCORRO, N.M. —New Mexico fire and environmental officials have contained a scrap tire fire that broke out June 17 at a tire recycling plant off U.S. Route 60.
The fire burned for eight days before approximately 100 firefighters brought it under control, said Socorro Fire Chief Robert Brunson. Southwest Tire Processors, which converts tires into chips for various end uses, operated the 10-acre site two miles southwest of Socorro.
No injuries were reported nor were any evacuations issued, he said. The cause still is being investigated, although witnesses reported that a transformer explosion above the plant sparked the blaze, Mr. Brunson said.
A spokesman for the U.S. Envoroinmental Protection Agency estimated cleanup costs at between $150,000 and $170,000, for which Southwest Processors will be responsible.