The Latest MICHELIN News on the Web |
Mining news: MICHELINMichelin to Provide $1 Million for Business Loan ProgramOn Sept. 1, Michelin North America will launch a new development program to provide loans to new and existing disadvantaged small- and medium-sized businesses located in the Upstate of South Carolina….more at Tire Review Online Michelin to ’specialize’ plants in FranceGroupe Michelin plans to develop its Moncteau, France, plant into a “high performance facility” for earthmover tires and make its Tours, France, factory “a benchmark for high-tech truck tires in Europe,” according to Michelin officials….more at MTD Michelin Restructuring Program Could Save 150 million euros AnnuallyMichelin’s domestic labour reorganisation program, (announced on June 17) will save the company between 100 and 150 million euros a year, according to Deutsche Bank research analyst Gaetan Toulemonde….more at Tire Review Online Michelin to Invest £887 Million in IndiaIt is cutting back in France, yet planning big in India – Michelin is reportedly planning to invest some Rs 70 billion (£887 million) there over the next decade….more at Tire Review Online Report: Michelin to Cut 1,500 Jobs in France(Reuters) Michelin is to cut 1,500 jobs in France as part of measures the French tyre group will announce on June 24 to weather a collapse in global demand for tyres, newspaper Le Monde said on Tuesday. Michelin adds best practices to mining end user seminarMichelin Earthmover Tires has added several new components to its mining tire best practices seminar, conducted near the company’s headquarters in Greenville, South Carolina, USA. The course is aimed to equip attendees with a better understanding of how to implement practices to lower operating costs, improve productivity and extend tyre life. Michelin Q1 sales fall 14.2 percent to ¤3.5BPARIS (AP) - Michelin SCA said Tuesday its sales fell 14.2 percent to ¤3.5 billion ($4.5 billion) in the first quarter as demand for tires slumped in all the French tire maker’s markets other than China….more at PR-Insider.com New OTR Tire Inventory from Black & Gold Global9 40.00R57 Goodyear RL4B 2SL $45,000 USD FOB USA View the full list available for sale |
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