According to the Economic Times of India, tire-cord maker SRF Ltd. has revised an its offer dates for a stock buy-back program. The offer will open on July 2 instead of June 16, and will continue through April 24, 2009. Under the program, SRF will buy back its own fully paid-up equity shares from existing shareholders.
Group Michelin is investing roughly $105 million in a pair of plants in Romania, to cover the start of production of new tire models at one and expand steel cord output at a second, according to local
Tire Business has an overview of the current slate of tire plant expansions underway or planned for the United States. This includes major projects by Bridgestone, Continental, Hankook, Michelin, Toyo
Nokian is scheduled to begin production at its new factory in Vsevolozhsk, Russia in June 2012. The factory is built alonside an existing plant. Two new production lines are scheduled to begin this ye