Goodyear withdraws as race car tire supplier.Goodyear withdraws as race car tire supplier Goodyear Tire & Rubber, Akron, OH, announced it will not return as a race-tire supplier to the Championship Auto Racing Teams (CART) and Indy Racing League The Indy Racing League, better known as IRL, is the sanctioning body of a predominantly American based open-wheel racing series. The League consists of two series, the premiere IndyCar Series (IRL) series next year, choosing instead to concentrate its efforts on the other forms of racing the company is involved with. "Our decision is based, in part, on open-wheel racing's present state of affairs in North America and the ongoing split between CART and IRL," said Stu Grant, Goodyear's general manager for global race tires. "Like many suppliers, we are certainly disappointed that no reconciliation between the two groups is in sight and therefore believe it is in the best interests of our shareholders, customers and the racing division to take a sabbatical from the CART and IRL series." As a result of the withdrawal, 18 engineering associates will transfer to other positions within Goodyear's Akron Technical Center, while approximately 60 manufacturing positions will be eliminated. "We are firmly committed to our successful supplier and marketing partnership with NASCAR NASCAR (National Association for Stock Car Auto Racing), organization that sanctions American stock-car races, est. 1948. It held its first race in Daytona Beach, Fla. , as well as our commitment to many other racing series to which Goodyear is a tire supplier," Grant said. In addition to NASCAR, Goodyear also supplies tires to the World of Outlaws The World of Outlaws (often abbreviated WoO) is an American motorsports sanctioning body. The body sanctions two major national touring series. It is best known for sanctioning a national tour of sprint cars. , NHRA NHRA National Hot Rod Association NHRA Northland Human Resource Association NHRA National Human Resources Association NHRA Nursing Home Reform Act NHRA National Hospice Regatta Alliance NHRA National Heritage Resources Act (South Africa) , IROC IROC International Race Of Champions IROC Independent Rental Owners Council IROC Independent Rental Owners Committee IROC Instantaneous Rate of Change IROC Integrated Repair Operations Center (Sprint) IROC Intrusion-Resistant Optical Cable , IHRA, SCCA, USRRC USRRC United States Road Racing Championship , ALMS and many other forms of auto racing. In response to an increasing U.S. market demand for Hyundai's line of synthetic rubber, the firm has appointed H.M. Royal the exclusive U.S. representative for the SBR line of rubber products. These SBR products are sold under Hyundai's Seetec brand name. Fitz Chem, Elmhurst, IL, a distributor/sales agent of raw materials to the paint, coatings, plastics, rubber, ink and adhesives industries, has been appointed as distributor for Solvay's line of performance chemicals in the territory of IL, IL, WI, MI and MN. The Edison Polymer Innovation Corporation (EPIC) has begun a close working relationship with Principia prin·cip·i·um n. pl. prin·cip·i·a A principle, especially a basic one. [Latin pr ncipium; see principle.] Partners on nanocomposites. EPIC is providing technical guidance to assist the materials-focused market research firm in conducting a study of the commercial potential for nanocomposites. Omni Plastics, Evansville, IN, has selected Bamberger Polymers, Jericho, NY, as its exclusive North American distributor for the company's full line of compounded thermoplastics. Omni's line of thermoplastics includes ABS, polycarbonate, nylons, polypropylenes and others. |
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