TOKYO — Textile maker Toray Industries saw net profit rise 11% to 14.7 billion yen ($142 million) in the April-June quarter on strong demand for carbon fibers that offset goodwill amortization expenses. Operating profit jumped 19% ...
Tags: Toray, Electrical, Electronics
Sapphire ingot maker Tera Xtal Technology has disclosed the American Arbitration Association (AAA) has decided that US-based equipment supplier GT Advanced Technologies (GTAT) should return payment Tera Xtal made in 2012 for sapphire ...
Tags: GTAT, Tera Xtal Technology, Lighting
Inside nearly every piece of technology that we rely on—from our laptops and tablets to cars and airplanes—are the minerals tantalum, tin, tungsten and gold. However, for nearly two decades, the mining of some of these ...
Tags: HP, Electrical, Electronics
Everlight Electronics started expanding its LED packaging capacity in June and when the expansion completes in September, its monthly capacity will have increased by 500 million LED chips to reach four billion units in total, according to ...
Hankook Tire Co. Ltd. announced that it has been selected by the BMW Group to equip the new 2014 BMW MINI, and the tire maker will also be equipping the new Mercedes-Benz C-Class. The company will supply the original equipment for the ...
Tags: Hankook, BMW, Auto Parts
Longtime Firestone marketing executive Michael Connor of Akron, Ohio, and Vero Beach, Fla., passed away on July 12, 2014, after a short illness. He was born on April 11, 1933, in Cuyahoga Falls, Ohio. He earned a journalism degree from ...
Tags: Michael Connor, Die, Auto Parts
Cooper Tire & Rubber Co. announced it has launched an enhanced online tire business training program for its direct and indirect wholesale and retail dealers. This new program, eCooper University Training Rewards, offers Cooper-brand ...
Tags: Cooper, Online Training, Accessories
Joe Flynn III says the opening of the Niles, Ohio store coincides with the opening of the first Flynn’s store 50 years ago that his grandfather, father and uncle opened in 1964. Flynn's Tire & Auto Service has announced the opening ...
Tags: Flynn, Location, Auto Parts
The Goodyear Assurance All-Season is available in 41 sizes: three 14-inch, 11 15-inch, 15 16-inch, 11 17-inch and one 18-inch. True to its word, Goodyear Tire & Rubber Co. is officially introducing its Assurance All-Season tire to its ...
Tags: Goodyear, Sizes, Accessories
SMP says its new Qwik-Sensor multi-coverage clone-able TPMS sensors work with all major brands of TPMS tools. StandardMotor Products Inc. (SMP) has introduced a multi-coverage clone-able TPMS sensor line. The new Qwik-Sensor line will ...
Tags: SMP, TPMS, Accessories
Aftermarket TPMS equipment supplier ORO-TEK has launched its second generation line of OE sensor replacements, Generation II TPMS Sensors. The sensors feature a smaller body design for easy installation, and total sensor weight has been ...
Tags: ORO-TEK, II TPMS, Accessories
Dealers at the Georgia Tire Dealers and Retreaders Association meeting will learn how to manage payroll to maximize profitability on Saturday, July 19, 2014. “Payroll, the killer of companies” will be presented by Norm Gaither, ...
Tags: Dealers, Profitability, Auto Parts
GCR Tire & Service has a new logo. Bridgestone Americas Tire Operations LLC (BATO) has rebranded its GCR Tires & Service division. Under the new brand, GCR is standardizing the commercial tire service experience across all of its U.S. ...
Tags: Bridgestone, GCR, Auto Parts
Epicor Software Corp. is celebrating the 30th anniversary of electronic cataloging for the automotive aftermarket. The company introduced the industry’s first electronic catalog in August 1984. The first-generation Epicor eCatalog ...
The new 10,000-square-foot Belle Tire facility in Flint, Mich., houses eight service bays -- including one full-alignment pit -- and a mezzanine warehouse built to hold more than 3,000 tires. Same city, better location. Belle Tire ...
Tags: Belle Tire, Renovation, Accessories