The U.S. Tire Manufacturers Association (USTMA) applauds the bipartisan passage of H.J.Res. 61, a resolution that enhances environmental stewardship and reduces financial burdens on tire manufacturing facilities. Introduced by Rep. Morgan Griffith (R-Va.), and co-sponsored by over 20 Representatives from 14 states, it overturns the EPA’s revised rule on Rubber Tire Manufacturing National Emissions Standards for Hazardous Air Pollutants (NESHAP), published on November 29, 2024. Sen. Tim Scott (R-S.C.) led the effort in the Senate with S.J.Res. 24, supported by 9 co-sponsors. USTMA submitted a letter of support for the resolution prior to the House vote.

In the first quarter of 2025, Continental achieved consolidated sales of €9.7 billion (Q1 2024: €9.8 billion, -0.8 percent). Its adjusted operating result increased to €639 million, corresponding to an adjusted EBIT margin of 6.6 percent. Without the application of IFRS 5, the adjusted operating result would have been €586 million (Q1 2024: €201 million) and the adjusted EBIT margin would have been 6.0 percent (Q1 2024: 2.1 percent). Due to the planned spin-off of the Automotive group sector, the accounting standard IFRS 5 (Non-current Assets Held for Sale and Discontinued Operations) has been applied as required. Consequently, since the Supervisory Board approved the spin-off on March 12, 2025, depreciation on those parts of the business earmarked for spin-off has no longer been taken into account.

The globally operating ENGEL Group has closed the 2024/25 financial year with a turnover of approximately EUR 1.5 billion. Despite a continued decline in market conditions, the injection molding machine manufacturer held its ground against European competitors and continued to expand its market share – driven by innovation and targeted regional strategies.

Although revenue fell by nearly 10% compared to the previous year, ENGEL has demonstrated its resilience. The past financial year was marked by reduced investment activity and a significant drop in incoming orders across all areas of industry. ENGEL not only remained stable in this environment, but also systematically increased its market share in multiple sectors and regions. “We have learnt to remain capable of action during crises – and once again proven that ENGEL can act reliably and with foresight even under difficult conditions,” says Stefan Engleder, CEO ENGEL Group.

New Albany, IN – INDCO, Incorporated is celebrating its 50th anniversary as a premier provider of mixing system solutions, specializing

Okuma America Corporation, a leader in CNC machine tools, controls, and automation systems, has announced a new partnership with Maquinas e Solucoes Servicos de Representacao e Manutencao de Equipamentos Ltda (M&S) to distribute Okuma products and services in Brazil. M&S, a member of the Molgroup of companies, will begin serving Okuma customers and prospects in Brazil immediately.

Lutz-Jesco GmbH announced the acquisition of the FXM line of peristaltic metering pumps from Valmet. This strategic move enhances Lutz-Jesco’s portfolio and strengthens its global presence in industrial and municipal fluid handling markets.