Erin Pustay Beaven

1 month ago | rubbernews.com | Erin Pustay Beaven

AKRON—Goodyear, as part of its Goodyear Forward transition plan, has signed a definitive agreement to sell a majority of its Goodyear Chemical business to Gemspring Capital Management L.L.C. in an all-cash deal worth $650 million. The deal, subject to regulatory approval and other customary closing conditions, is expected to close late this year.

1 month ago | rubbernews.com | Erin Pustay Beaven

NORTHVILLE, Mich.—If Jeffrey Edwards sounds particularly optimistic about 2025, there's good reason. "Our operating performance in the first quarter was outstanding," Edwards, Cooper-Standard Holdings Inc. chairman and CEO, said in a statement. To put it simply: The plan is working. Cooper-Standard is successfully combining its cost savings measures with innovation to drive new business and manage spending in the process, Edwards said, noting this was apparent during the first quarter of 2025.

2 months ago | rubbernews.com | Erin Pustay Beaven

The right thing, so very often, is far from the easy thing. And I suppose that's part of what makes it the right thing, the fact that it costs you something in the end, the fact that you have to face challenges and persevere through them. Nokian Tyres P.L.C. knows this well. It has, after all, spent the last three years doing the right thing. And for that, the company is stronger, more agile and more environmentally responsible.

2 months ago | plasticsnews.com | Erin Pustay Beaven

Chicago — There's plenty keeping the automotive industry up at night, but when it comes to concerns, tariffs are typically top of mind. That's also true for Kristin Dziczek, a policy advisor with the Federal Reserve Bank of Chicago, who is monitoring the impact that the tariffs could have on automotive OEMs and their supply chains. "The big concern I have right now is for suppliers," Dziczek said during MEMA's Aftermarket Suppliers Vision Conference in Chicago on April 2.

2 months ago | rubbernews.com | Erin Pustay Beaven

CHICAGO—There's plenty keeping the automotive industry up at night, but when it comes to concerns, tariffs are typically top of mind. That's also true for Kristin Dziczek, a policy advisor with the Federal Reserve Bank of Chicago, who is monitoring the impact that the tariffs could have on automotive OEMs and their supply chains. "The big concern I have right now is for suppliers," Dziczek said during MEMA's Aftermarket Suppliers Vision Conference in Chicago on April 2.