Tires & Rubber Products

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Avon Rubber PLC announces US facility consolidation

Thursday, 6 Mar 2014 02:01am EST

Avon Rubber PLC:Announces consolidation of its US Protection & Defence operations from four existing sites into three ahead of the expiry of the lease on its Lawrenceville, GA facility in June 2015.The relocation, and subsequent closure of the Lawrenceville facility, will take place during the current calendar year.

Hwa Fong Rubber Ind Co Ltd announces relocation of plant of subsidiary

Sunday, 19 Jan 2014 07:40pm EST

Hwa Fong Rubber Ind Co Ltd:Says it has shifted a plant of its subsidiary based in Mainland China, and transfered the employees to the new plant.Says the company will not take pay-cut or lay-off during the shift.

Halcyon Agri Corp Ltd announces company acquisition by Halcyon Agri (malaysia) Sdn. Bhd, indirect subsidiary of Halcyon Agri Corporation Ltd

Thursday, 16 Jan 2014 04:43am EST

Halcyon Agri Corp Ltd:Says completion of the acquisition by Halcyon Agri (malaysia) Sdn. Bhd., an indirect wholly-owned subsidiary of Halcyon Agri Corporation Ltd, of assets and land via the acquisition of the entire issued and paid-up share capital of CLS Sdn. Bhd.Says use of proceeds from the placement of 40,000,000 new ordinary shares to credence capital fund II (cayman) ltd which was completed on june. 24.

NEW PRIDE CORP's subsidiary to transfer business

Tuesday, 24 Dec 2013 01:04am EST

NEW PRIDE CORP:Says Dongying Huantai Rubber Co., Ltd., one of the company's subsidiaries, will transfer its main business, inter-modal transport tire production business, to the company's another subsidiary, Weifang Huantai Rubber Co., Ltd, to increase asset efficiency.Says transaction amount of 5,356,363,824 won.Says expected transaction settlement date of Dec. 24.Says Dongying Huantai Rubber Co., Ltd. will be dissolved after the transaction.

Aeolus Tyre Co Ltd completes dissolution of subsidiary

Thursday, 5 Dec 2013 07:00pm EST

Aeolus Tyre Co Ltd:Says merged with a wholly owned subsidiary, which has been engaged in production and sale of thermal power and electricity.Says completed the dissolution of the subsidiary.

Qingdao Yellow Sea Rubber Co Ltd to Transfer Asset to Subsidiary

Wednesday, 30 Oct 2013 08:00pm EDT

Qingdao Yellow Sea Rubber Co Ltd announced that it has decided to transfer an asset package worth RMB 149,168,228.84, and relative employees to a wholly owned subsidiary, a Qingdao-based rubber company.

Showa Holdings Co Ltd Announces Merger between Subsidiaries

Tuesday, 29 Oct 2013 04:15am EDT

Showa Holdings Co Ltd announced that its wholly owned subsidiary, Showa Sports Co.,Ltd., will merge with the Company's another wholly owned subsidiary, Showa-Corporation Co.,Ltd., effective January 1, 2014. After the merger, Showa Sports will be dissolved. Showa Sports and Showa-Corporation are both engaged in the sale of sports articles.

Nokian Tyres plc Integrate its Heavy Tyres and Truck Tyres Business Units into Commercial Tyres Business Unit

Monday, 23 Sep 2013 04:00am EDT

Nokian Tyres plc announced that the Company will integrate its Heavy Tyres and Truck Tyres profit centers and form a new Commercial Tyres profit centre as of January 1, 2014. The combined profit centres employ about 280 people in Nokia, Finland. The aim is to obtain a better chance to develop operations and improve sales.

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