Marangoni makes 1 millionth tread
MADISON, Tenn.-Marangoni Tread North America Inc. produced its 1 millionth RingTread tread rubber ring in the U.S. in December, five-and-a-half years after starting production in Madison.
Marangoni CEO and President Bill Sweatman said the company's unit sales grew more than 10 percent in 2008.
Marangoni, which was incorporated in North America in 1998, established its headquarters in Madison in 2002. It began production in April 2004 and expanded the plant in 2006.
The company has 22 franchisees in North America operating 29 plants.
CMA partners with Idealease
MONROVIA, Calif.China Manufacturers Alliance L.L.C. has partnered with transportation firm Idealease Inc. and will supply it with Double Coin truck tires.
With more than 400 locations in North America, Idealease offers truck rentals and leasing along with contract maintenance, logistics, safety and many other transportation-related services.
CMA launched its Double Coin national account fleet program in early 2008.
SEMA, AAPEX attendance falls
LAS VEGASAttendance at the 2008 Specialty Equipment Market Association (SEMA) Show and Automotive Aftermarket Products Expo (AAPEX) in Las Vegas was more than 107,000, show owners said.
The attendance figure is down about 9 percent from 2007's crowd of nearly 118,000, but Kathleen Schmatz, president and CEO of the Automotive Aftermarket Industry Association (AAIA), said buyers were still active during the events. She noted that a majority of buyers were decision makers.
Kumho opens N.J. warehouse
SOUTH BRUNSWICK, N.J.Kumho Tire U.S.A. Inc. has opened a warehouse in South Brunswick to serve customers in New England and along the upper Eastern Seaboard.
The 150,000-sq.-ft. leased facility, the firm's first in the Northeast, can warehouse up to 225,000 tires, Kumho said.
Kumho will serve distribution and dealer partners in Maine, Vermont, New Hampshire, Connecticut, Rhode Island, New Jersey, Maryland, Delaware, eastern New York and Pennsylvania from the facility.
Schwab lays off 65 in Prineville
PRINEVILLE, Ore.Les Schwab Tire Centers Inc. has laid off 65 employees in Prineville and said 27 of those jobs have been eliminated permanently.
A spokeswoman for the Bend, Ore.-based dealership told Tire Business that Les Schwab intends to hire the rest back ``when the economy improves.'' The 27 permanent layoffs were at the distribution center, and the rest were in the company's transport, equipment, production and adjustment divisions, she said.
About 600 employees remain in Prineville. The company employs 7,700 total.
Les Schwab relocated its headquarters and more than 300 employees last month to a 123,000-sq.-ft. building in Bend from Prineville. No layoffs have impacted the headquarters, the spokeswoman said.
The dealership, North America's third largest, posted sales of $1.33 billion in 2007 and has more than 350 company-owned stores and 74 associate stores.
Pirelli employee arrested in theft
ROME, Ga.Police in Floyd County, Ga., arrested a 22-year-old employee at Pirelli North America Inc.'s Rome factory on a felony warrant for theft after he allegedly took wheels from the plant.
According to the Rome News-Tribune, Benton Russell Wilson of White, Ga., was arrested Jan. 2 for felony theft after he allegedly took $20,000 in wheels from the plant between June and October.
Police did not report in their warrant what happened with the wheels taken from the factory, the newspaper said.
A spokesman for Pirelli confirmed the newspaper's report but told Tire Business the company ``cannot comment on the young man who was arrested since it's a personnel issue.''