Tag: off-the-road

Gaining traction

Harmen van Kamp Harmen van

GACW talks about cutting costs, reducing waste in OTR rubber tires. by Harmen van Kamp It is a billion-dollar problem: one of the toughest operational challenges for mining companies has long been the cost, safety risks, and environmental burden associated with off-the-road (OTR) rubber tires. Tires, fuel and payroll are the three largest expenses for mining companies. Tires wear out…

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Goodyear to sell off-the-road tire unit to Yokohama

NAM Staff

U.S.-based Goodyear Tire & Rubber Co. has signed a definitive agreement to sell its off-the-road (OTR) tire business to the Yokohama Rubber Co. for $905 million in cash. The transaction follows a previously announced strategic review of the OTR tire business in connection with the Goodyear Forward transformation plan. “The sale of the OTR business marks an important milestone as…

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