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Competition Bureau says Toyo Tire fined $1.7M in bid-rigging scheme
2015-12-10 01:54:09| Automakers - Topix.net
Japanese tire manufacturer Toyo Tire & Rubber has will pay a $1.7-million fine after pleading guilty today to three counts of bid-rigging under Canada's Competition Act. The Competition Bureau says the fine was punishment for Toyo's participation in an international bid-rigging conspiracy related to the supply of anti-vibration components to Toyota Motor Corp. The bureau says that between June 2004 and August 2006 Toyo engaged in secret agreements with other suppliers of anti-vibration components in response to requests for quotes issued by Toyota for certain Corolla, RAV 4 and Lexus 350 RX models.
Tags: competition
bureau
scheme
tire
Update on former Masland and Carlisle Tire and Wheel sites
2015-12-08 00:48:13| Industrial Machines - Topix.net
CARLISLE, Pa. - It was May 2012 when the old Masland plant went up in flames. ABC 27 News checked in several times since then, but not much had changed.
Richard J. Kramer Sells 29,000 Shares of Goodyear Tire & Rubber Co (GT) Stock
2015-12-03 06:55:14| Industrial Machines - Topix.net
Goodyear Tire & Rubber Co CEO Richard J. Kramer sold 29,000 shares of the company's stock in a transaction dated Tuesday, December 1st. The shares were sold at an average price of $34.95, for a total transaction of $1,013,550.00.
Yokohama Tire Plant Becomes a Zero Landfill Operation
2015-11-23 21:47:00| Waste Age
WSLS.com A Yokohama Tire Manufacturing plant in Virginia has become a zero waste to landfill facility. read more
Tags: operation
plant
tire
landfill
Automated Lift Axle Control helps minimize tire wear.
2015-11-23 14:31:05| Industrial Newsroom - All News for Today
By reading pressure in fixed-axle air suspension, myLIFT™ System automatically deploys and lifts up to 2 axles, with no input from driver and no connection to switches in cab of truck. Once trailer is unloaded, axles return to lifted position. System features sealed stainless steel enclosure to prevent corrosion in harsh operating environments. External override switch provides manual lift axle control, while fail-safe ensures axles lower when power is removed.
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