Nokian
Nokian has committed to using zero CO2 emission energy for the tire maker's new passenger tire plant in Oradea, Romania, signing a long-term agreement with renewable energy provider Enery to support that pledge.
Nokian said it set a monthly production record in October at its North American factory in Dayton, while boosting its workforce there to around 500.
The Romanian government has agreed to provide Nokian Tyres P.L.C. grants valued at $108 million to support Nokian's recently inaugurated tire plant in Oradea, in northwest Romania.
Former Trelleborg Wheels' top executive Paulo Pompei will assume the president and CEO roles at Nokian Tyres P.L.C. on Jan. 1.
Nokian Tyres, which claims to have invented the product in 1934 to tackle harsh winters in Finland, is celebrating the milestone.
Yokohama TWS appointed Elio Bartoli to succeed Paolo Pompei, who is leaving to lead Nokian Tyres.
Nokian Tyres is offering a rebate throughout the month of October for consumers who purchase a set of certain winter, all-weather and all-season tires.
Six major tire makers sued earlier this year over allegations of price-fixing allegations have asked a federal judge to dismiss those cases.
Nokian Tyres is helping to educate consumers about how tires can help the safety, performance, efficiency and comfort of electric and plug-in vehicles.
The Nokian factory operates without using fossil fuels, making it the world's first full-scale tire factory with zero CO2 emissions.