BFS's Yoshimori gets promotion
NASHVILLE, Tenn.-Hiro Yoshimori, vice president, North American consumer tire marketing for Bridgestone Firestone North American Tire, L.L.C. (BFNT), has been promoted to a new assignment in Japan and will be leaving BFNT at year-end.
Mr. Yoshimori's new position is president of Bridgestone Tire Hokuriku Sales Corp., a subsidiary of Japan's Bridgestone Corp. The promotion will be effective Jan. 1. His successor has not yet been announced.
A 24-year veteran of Bridgestone Corp. and its U.S.-based subsidiaries, Mr. Yoshimori has held positions of increasing responsibility during his 10 years in the U.S., including assignments with BFNT's sister company, BFS Retail & Commercial Operations, L.L.C. (BFRC), parent company of Firestone Complete Auto Care.
Conti debuts online claims
CHARLOTTE, N.C.-Continental Tire North America Inc. has launched an online financial claims management system in North America.
The system is designed to streamline the processing of financial claims for Conti's business partners and eliminate many elements that previously were submitted in hard copy, the Charlotte-based tire maker said. The system can enter and track claims plus search for past claims, print credits and submit backup documentation.
``The new system allows our business partners to quickly and easily submit and track their financial claims through this interactive online tool,'' said Ken Dumitru, director of business systems/e-commerce.
Titan, Freeport union reach deal
QUINCY, Ill.-Titan International Inc. has reached a tentative agreement with the United Steelworkers (USW), putting Titan a step closer to buying Goodyear's North American farm tire business.
Titan said the tentative agreement with USW Local 745L covers workers at Goodyear's farm tire plant in Freeport, Ill. The union will schedule a ratification vote in the coming weeks, the company said.
Titan and Goodyear signed a definitive agreement in February for Titan to buy Goodyear's farm tire business, but the deadlines for completing the sale were pushed back as Titan struggled to complete an agreement with the union. Goodyear's contract with the USW included a succession clause that calls for a new contract with any company purchasing a union plant.
Firms hiking prices again
AKRON-Michelin North America Inc., Bandag Inc., Toyo Tire (U.S.A.) Corp. and Yokohama Tire Corp. all have announced price increases.
Michelin will raise prices up to 8 percent on Michelin, BFGoodrich, Uniroyal and private and associate brand replacement passenger and light truck tires in the U.S. effective Feb. 1 and in Canada effective March 1.
Prices for commercial truck tires will rise from 4 to 7 percent on Michelin and BFGoodrich brand replacement tires in the U.S. effective Feb. 1. Earthmover tire prices will increase an average of 8 percent on Michelin brand replacement tires sold in North America, and agricultural tire prices will rise 3 to 7 percent for replacement tires in the U.S. and Canada, both effective Jan. 1.
Bandag raised its prices by 7 percent on most of its retreading materials and repairs for the U.S. market on Nov. 1. The price hikes were the result of rising costs for energy, transportation and raw materials. The increase does not affect the Canadian market, the company said.
Toyo plans to increase prices by up to 8 percent on its passenger and light truck tires, effective Jan. 1. A company spokesman said the hikes were due to continued increases in raw materials and transportation costs.
Toyo dealers have been notified about the latest increases, the spokesman said.
Yokohama will raise prices by 3 percent on all light truck commercial and medium radial truck tires, effective Feb. 1. The Fullerton-based tire maker also will raise prices across the board on its off-the-road tires by 3-6 percent.