Industry Focus – October 2007

People In The News
Following is a personnel change that recently occurred in the trucking industry:

  • Kevin Motz joined the powered vehicle systems sales and marketing team, SAF-Holland USA, as the OEM account manager.

Company Featured On DIY Network
Channellock will be featured on DIY Network’s series premiere of Cool Tools, set to air on Thanksgiving Day, November 22, at 8:30 p.m., EST.

The High Noon Entertainment team, which produces Cool Tools, visited Channellock’s headquarters in Meadville, Pa., and spent the day documenting the production process and filming a product application segment. The show will demonstrate how a rod of raw, high-carbon steel is forged, hardened and polished into a pair of pliers.

“We were able to get a sneak peak of the segment and we’re truly pleased with the results,” says Randy Ferguson, director of communications, Channellock.

Company Announces Price Increase
Bridgestone Firestone N.A. Tire LLC and Bridgestone Firestone Canada Inc. have announced price increases on the companies’ Bridgestone, Firestone, Fuzion and associate brand tire lines.

The announced increases, generally up to four percent on passenger and light truck, truck and bus, and agricultural and off-road tires, with possible specific in-line adjustments in excess of four percent, will affect the replacement, original equipment and export channels.

The price increases are scheduled to begin November 1.

“While we have successfully implemented a number of manufacturing efficiencies and productivity enhancements, the unprecedented on-going escalation in raw material costs – especially those related to petroleum – continue to strain our ability to offset these increases with countermeasures,” said Asahiko Nishiyama, vice chairman and president of Bridgestone Americas Holding Inc., parent company of BFNT and BFCA. “The record-breaking price of oil affects every aspect of our business

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