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PRE-Q GALGO honors Bob Majewski at a celebratory retirement dinner in Newport, KY

Bob started his career in a family-owned retread plant and then on to several national tire and rubber companies. In 1994 Bob joined Sumerel Tire Service as part-owner and Vice President, where he was responsible for manufacturing, operations, and marketing of their Mold Cure Remanufactured tires. Bob designed the AcuTread Segmented Mold Cure Process and later formed the AcuTread Alliance Group (AAG) with two other partners to assist independent retreaders in the Mold Cure process to obtain their Technical License Agreement.

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Continental announces €1 billion V-shape display order

Continental is expanding its production-ready display portfolio by winning a series order for V-shaped displays in the amount of more than €1 billion. The solution will be integrated into multiple carlines of a global Asian vehicle manufacturer. The technology company is thus driving forward the success of large, seamless and individually shaped displays that enrich the user experience (UX) in the vehicle interior as a dominant surface. “We are delighted to have received yet another series order for one of our state-of-the-art display solutions, proving once again our user experience competence,” says Philipp von Hirschheydt, Head of the User Experience Business Area at Continental. “Our V-shaped display solution provides superior comfort and ergonomics for the driver, simplifies capturing important driving information and offers an even more appealing two-in-one solution. It is suitable for a wide range of vehicle variants.” The order intake for display solutions is now more than €5.5 billion.

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Goodyear announces senior notes exchange offer

The Goodyear Tire & Rubber Company announced the commencement of offers to exchange all of its outstanding unregistered 5.000% Senior Notes due 2029 (the “2029 Restricted Notes”) and all of its outstanding unregistered 5.250% Senior Notes due 2031 (the “2031 Restricted Notes,” and, together with its 2029 Restricted Notes, the “Restricted Notes”) for equivalent principal amounts, respectively, of its 5.000% Senior Notes due 2029 (the “2029 Exchange Notes”)  and its 5.250% Senior Notes due 2031 (the “2031 Exchange Notes,” and, together with its 2029 Exchange Notes, the “Exchange Notes”) that are registered under the Securities Act of 1933, as amended (the “Securities Act”).  The Restricted Notes were issued in a private placement exempt from the registration provisions of the Securities Act pursuant to Rule 144A and Regulation S under the Securities Act.

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Bridgestone launches rigid dump truck tire, real-time tire monitoring solution for construction and quarry vehicles

Bridgestone Americas announced it will showcase the latest in its integrated portfolio of off-the-road (OTR) products, technologies and services at the AGG1 Aggregates Academy & Expo March 29-31, 2022, in Nashville, Tenn. Demonstrating the benefits of using intelligent products backed by integrated technology solutions, Bridgestone will introduce its new 3-star 24.00R35 rigid dump truck tire and real-time tire monitoring system, IntelliTire, to construction and quarry customers at this year’s show.

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Unique Fabricating announces fourth quarter and full year results

Fourth Quarter 2021 Financial Results: Net sales of $30.1 million compared to $35.0 million in the fourth quarter of 2020. Net loss of $1.5 million or $0.13 per basic and diluted share compared to net loss of $82.0 thousand or $0.01 per basic and diluted share in the fourth quarter of 2020. Net debt(1) decreased $1.9 million to $47.7 million as of December 31, 2021, from $49.6 million as of December 31, 2020; the 2020 amount includes the forgiven $6.0 million PPP loan. Interest expense increased $0.1 million to $0.7 million compared to prior year of $0.6 million.

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