Goodyear loses appeal in worker's lawsuit
MONTGOMERY, Ala.—A worker at Goodyear's Gadsden, Ala., plant is entitled to permanent disability benefits, the Court of Civil Appeals of Alabama has ruled.
Brian Haygood, a tire handler at the Gadsden plant, suffered an injury to his right foot while on the job in August 2009. An Alabama state court ruled Mr. Haygood was entitled to permanent disability benefits based on his foot pain.
Goodyear appealed the verdict, but on Jan. 13, the appeals court affirmed the lower court's decision.
In a statement, Goodyear said it was disappointed in the appeals court ruling and was considering whether to appeal further.
Wash. considers fee for studded snow tires
OLYMPIA, Wash.—The Washington State Senate is considering a bill that would place a $5 fee on every studded winter tire sold in the state to offset pavement maintenance costs due to damage from studded tires.
The bill would require tire dealers to collect the money for the studded tire fees, which would be deposited in the state's motor vehicle account for road maintenance.
Conti to raise truck tire prices up to 9%
FORT MILL, S.C.—Continental Tire the Americas L.L.C. will raise prices Feb. 15 on all Continental-, General- and Ameri*Steel-brand truck tires in the U.S. by up to 9 percent, citing the “continued escalation” of raw materials and energy costs. The company last raised prices in the U.S. on truck tires last July, by 11 percent.
Mitas cures first test tire at Iowa factory
CHARLES CITY, Iowa—Farm and industrial tire manufacturer Mitas Tires North America Inc. has cured the first test tire at its new Charles City manufacturing facility.
“Now, Mitas is tweaking the machinery, streamlining processes and training workers for the Charles City plant to be ready for serial production in April,” said Pavel Charvat, president and plant director. The exact date of the official opening of the plant and start of serial production will be announced later, he said.
Mitas is investing $52 million to convert the former Winnebago RV assembly plant to manufacturing Mitas-brand farm tires.
Hankook increases 2011 sales by 21%
SEOUL, South Korea—Hankook Tire Co. Ltd.'s sales grew nearly 21 percent last year to $5.87 billion, but operating profits slid 8.8 percent on the effects of rising raw materials costs.
Operating income fell to $512.5 million, or 8.7 percent of sales. Hankook's sales increased 34 percent in North America.