SEMA to honor Crain's chairman
DIAMOND BAR, Calif.—The Specialty Equipment Market Association (SEMA) will present its Chairman's Service Award this year to Keith Crain, chairman of Crain Communications Inc., which publishes Tire Business.
The award, which recognizes an individual "who has made a significant contribution to the growth of the custom automotive products industry," will be presented at a special awards banquet Nov. 2 during the 2000 SEMA Show/International Tire Expo in Las Vegas.
"Keith (Crain) is well deserving of this award, because he continues to promote the specialty equipment industry as well as the annual SEMA Show in a positive fashion," said SEMA Chairman Charlie Van Cleve. "The fact is, when he speaks, the entire automotive press listens. He has been instrumental in the growth of our show as well as SEMA's numerous products and services."
Mr. Crain was instrumental in the development of the Automotive News World Congress as an international forum for auto industry leaders, and helped develop the North American International Auto Show in Detroit.
Crain Communications publishes approximately 30 business, trade and consumer newspapers and magazines.
ITRA protests rubber petition
LOUISVILLE, Ky.—Declaring all natural rubber a "strong sensitizer" for allergies would have a severe negative effect on the tire retread/repair and recycling industries, according to the International Tire and Rubber Association.
ITRA Executive Director Marvin Bozarth sent comments to the Consumer Product Safety Commission in opposition to the petition of Debi Adkins, editor of Latex Allergy News. Scientific evidence is conclusive "that the dry natural rubber used by our manufacturers and recyclers is not, as defined in the CPSC regulations, a strong sensitizer," Mr. Bozarth wrote.
He added: "There is no known replacement for the dry natural rubber used in many of the products produced in our industry, and declaring the dry natural rubber as a strong sensitizer could create major shortages and inferior products."
TBC modifies 3rd qtr. outlook
MEMPHIS, Tenn.—TBC Corp. revised its third-quarter financial outlook and said it expects net income to fall 16.2 percent to approximately $5.52 million.
Though the third quarter will be the first to include Tire Kingdom sales, the gains will be offset by the performance of TBC's wholesale tire marketing operations, according to President and CEO Larry Day. He noted that TBC is lowering its inventories by about $15 million, which should be completed by year-end.
Mr. Day said the company expects its earnings in the fourth quarter to "approximate the level expected for the third period."
TBC will release its third-quarter report Oct. 23.
Michelin, TRW to cooperate
FARMINGTON HILLS, Mich.—TRW Inc. and Group Michelin have signed a technical cooperation agreement to develop and market tire pressure monitoring devices for cars and light trucks.
Under the agreement, TRW and Michelin will work together to develop a standardized tire pressure monitoring device for auto makers and will cooperate in marketing their joint products, the companies said.
Initially, the agreement calls for TRW's TireWatch radio-frequency-based transmitter sensor to be integrated with Michelin's Pax system and Logic software. The two firms will work together to develop a next-generation transmitter for application on the Pax system as well as on conventional tires.
TRIB prints tire inflation booklet
PACIFIC GROVE, Calif.—The Tire Retread Information Bureau has printed a booklet titled "The Importance of Proper Tire Inflation."
The booklet contains a series of articles compiled by TRIB dealing with all aspects of tire inflation and explains how proper inflation can contribute to longer tire life and safer rides.
TRIB Managing Director Harvey Brodsky said the organization thought it was a good idea to publish the booklet in light of recent media attention given to proper tire inflation.
Free copies can be obtained from TRIB by calling (888) 473-8732 or by sending an e-mail request to [email protected]