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The Goodyear Tire & Rubber Company announced that its venture capital arm, Goodyear Ventures, has added Nova Labs, formerly Helium Inc., to its growing investment portfolio.

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.

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.

– The Yokohama Rubber Co., Ltd., announced that it will supply its GEOLANDAR M/T G003 mud-terrain tires for SUVs and pickup trucks to support Team Mitsubishi Ralliart as it seeks to win this year’s Asia Cross Country Rally (hereafter AXCR), Asia’s largest cross country rally, which will be held this year during August 6–12.

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.

Giti is one of the ten most valuable and strongest brands in the tire segment worldwide, according to the Brand Finance Tires 15 2022 report, released at the end of February. This is the first time that the company appears in the ranking and the result underscores the efficiency of the strategies adopted in the last two years to overcome the problems resulting from the Covid19 pandemic.

Returning to the popular Mid-America Trucking Show (MATS), to be held March 24-26 at the Kentucky Expo Center in Louisville, after a two-year absence, Falken Tires, a subsidiary of Sumitomo Rubber North America (SRNA), is planning to exhibit its commercial tire roster as well as display its latest product, the BI837, a drive position tire intended for super-regional use.

Toyo Tire U.S.A. Corp. (Toyo Tires®) introduces the Toyo M325, an on/off-road heavy-duty all position tire that delivers durability, retreadability and a high return on investment. The newest edition to the Toyo Tires M-Line of commercial tires, this is the cornerstone of the company’s construction line providing full coverage for mixed service fleets serving the construction, mining, energy and logging industries.

Cabot Corporation has earned a platinum rating from EcoVadis, the highest recognition available, for the second consecutive year. The platinum rating recognizes Cabot’s environmental, social and governance (ESG) efforts and places Cabot among the top 1% of companies in the manufacturing of basic chemicals group. This prestigious recognition underscores Cabot’s commitment to fulfilling its purpose of creating materials that improve daily life and enable a more sustainable future.

Trelleborg Sealing Solutions appoints Jeff Hook to the role of Quality Manager, Supply Chain Management Americas.
In this role, Hook will be responsible for the implementation of quality management programs across a range of industries. This includes supporting Trelleborg facilities across the US to achieve relevant industry certifications.