2001 ITRA Expo slated for April
LOUISVILLE, Ky.—The International Tire and Rubber Association will hold its 2001 World ITRA Expo April 19-21 at the Opryland Hotel and Convention Center in Nashville, Tenn.
The association's annual golf tournament is scheduled for April 18. The April dates were approved by the ITRA board to avoid conflicts with increased workloads most tire businesses experience during the summer months, the association said.
The ITRA Board of Directors and Advisory Council will meet in August to finalize the Expo's agenda, educational programs, general session and special events.
Nokian, Michelin link for off-take
NOKIA, Finland—Nokian Tyres P.L.C. and Group Michelin have agreed to set up a partnership through off-take production of car and heavy truck tires. The companies did not specify whether they would be making tires for each other, or only one for the other.
The main objective is to focus on core product groups and improve productivity, Nokian said. The agreement, to be finalized by the end of September 2000, does not exclude cooperation with other tire makers, the company said.
Earlier this year, Nokian said it was negotiating several cooperation deals that would allow it to outsource lower-end tires and free up space at its factory in Nokia for higher value-added products.
Nokian posts $3.9 million loss
NOKIA, Finland—Nokian Tyres P.L.C. suffered a $3.9 million loss in the six-month period ended June 30 due to lower-than-expected sales and higher-than-expected costs for acquisitions and expansions.
Sales for the period increased 25.4 percent to $146.2 million, although about two-thirds of the increase was due to the first-time inclusion of sales from tire retail chains acquired in the latter half of 1999.
The company said its target for fiscal 2000 is 20-percent growth in both sales and earnings—despite the first-half problems— and as much as a 12-percent increase in raw material costs, compared with 1999.
TRIB launches 'gator' Web site
PACIFIC GROVE, Calif.—The Tire Retread Information Bureau and retread industry sponsors have inaugurated a new site on the World Wide Web to provide information about tire debris (road alligators) on highways: www.roadgator.com.
Roadgator.com contains sections dealing with different aspects of the tire debris problem and will be updated regularly to provide "up-to-the-minute information about the problem of tire debris on highways."
There also is a link to TRIB's web site (www.retread.org), and visitors to "roadgator.com" may obtain a free copy of TRIB's video "Dispelling Myths About Rubber on the Road."
Michelin launches ag tire Web site
GREENVILLE, S.C.—Michelin North America has launched a Web site, www.michelinag.com, dedicated to its radial agricultural tires.
The site provides a a wealth of information about Michelin farm tires and their applications, as well as tire selector and dealer locator features, and a list of farm shows and other events.
MTD's Stoyer retires as editor
AKRON—After 14 years at the helm of Modern Tire Dealer magazine, Lloyd Stoyer is retiring.
MTD's executive editor, Bob Ulrich, succeeded him as editor on Aug. 1.
An announcement in the magazine's current issue said Mr. Stoyer, editor since 1986, is capping a 52-year career in journalism and public relations. He plans to leave after finishing several pending projects.
Mr. Ulrich joined the publication in 1985 and has been editing its monthly "Kovach Tire Report" newsletter. A 1979 graduate of Ohio Northern University, he also has a law degree from the University of Akron.
Prior to MTD, he worked as a sports reporter for the Kent-Ravenna (Ohio) Record Courier.