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Yokohama Rubber to Double Capacity of India Plant

August 20, 2021 | Posted in Ag Equipment Worldwide

The Yokohama Rubber Co. has announced that it has decided to invest in additional production capacity at the Visakhapatnam Plant now under construction in India in order to further expand the production capacity of Yokohama Off-Highway Tires (YOHT).

Yokohama Rubber Reports 15.9% Sales Increase in 1Q21

June 21, 2021 | Posted in Earnings Reports

The Yokohama Rubber Co., Ltd. has announced its business and financial results for the first quarter (January to March) of fiscal 2021. Profit attributable to owners of parent climbed 28.1 billion yen over the same period of the previous year, to 27.8 billion yen.

Apollo Vredestein Plant to Specialize in High-Value Ag Tires

May 14, 2021 | Posted in Ag Equipment Worldwide

Premium ag tire maker Apollo Vredestein is investing in manufacturing facilities as its factory in The Netherlands begins to specialize in high-value products for agricultural implement, materials handling and tractor applications.

Titan International Reports 1Q21 Net Sales Up 18%

May 7, 2021 | Posted in Earnings Reports

Net sales for the first quarter of 2021 were $403.5 million, compared to net sales of $341.5 million for the first quarter of 2020, representing a $62 million, or 18.2%, increase.

COVID-19 Causes Trelleborg Wheel & Tire Revenues to Slip

April 15, 2021 | Posted in Earnings Reports

Despite “fast and decisive” implementation of infection containment measures that enabled Trelleborg Wheel Systems to keep its factories operating with a safe environment for employees, the agricultural tire and rim supplier still recorded lower net sales last year due largely to the coronavirus pandemic.

Yokohama Rubber Off-Highway Tires Sales Down 8% in 2020

March 2, 2021 | Posted in Earnings Reports

The Yokohama Rubber Co. announced its 2020 sales revenue declined 12.3% year-over-year, to $5.3 billion.

Goodyear Acquires Cooper Tires in $2.5 Billion Deal

February 25, 2021 | Posted in Mergers & Acquisitions

The Goodyear Tire & Rubber Company and Cooper Tire & Rubber Company today announced that they have entered a definitive transaction agreement under which Goodyear will acquire Cooper in a transaction with a total enterprise value of approximately $2.5 billion.

Camso Opens New Manufacturing Facility in Kansas

November 12, 2020 | Posted in Ag Equipment Business

Camso, a Michelin Group company, has opened a new 140,000-square-foot manufacturing facility based in Junction City, Kan. The facility will manufacture agricultural tracks.

Continental Extends Production Facilities in Lousado, Portugal

June 18, 2019 | Posted in Ag Equipment Worldwide, Mergers & Acquisitions

Continental, the technology company and manufacturer of premium tires, is expanding their production facilities in Lousado, Portugal, with investments totaling around €100 million The new capacity will be used for the production of radial Earthmoving and Port tires with a diameter larger than 24 inches.

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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.

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