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SMITHERS FORECASTING TIRE, RUBBER, AUTOMOTIVE INDUSTRIES

 SMITHERS FORECASTING TIRE, RUBBER, AUTOMOTIVE INDUSTRIES
 AKRON, Ohio, Feb. 12 /PRNewswire/ -- Smithers Scientific Services, Inc., will soon release a comprehensive forecast of every rubber product made in North America, including auto and tire production and sales forecasts for the next five years.
 The two-volume, 400-page forecast will provide detailed techno-economic reports of the markets, supply, demand, technical trends and materials for all aspects of the tire, automotive and rubber industries. The first volume will focus on the United States and Canada, with the second volume on the emerging industry in Mexico.
 "Everything you need to know about the rubber industry will be presented in one comprehensive report in 20 easy-to-read sections," said R. Martin O'Shea, director of market research for Smithers.
 This is Smithers' seventh report in a series dating back to 1963. Included will be unique and detailed forecasts for:
 -- Automotive production -- passenger cars, light, medium and heavy trucks and buses, farm vehicles and equipment, including imports;
 -- Tires -- by type, size, construction and materials, original equipment, replacement and imports/exports, in addition to retreads and inner tubes;
 -- Rubber Products -- all other rubber products made anywhere in North America, presented in 13 categories, each with its own forecast and materials comsumption;
 -- Raw Materials -- the supply and demand for some 30 materials ranging from thermal black to steelcord, with consumption forecasts through 1997.
 O'Shea said this is the first time the United States, Canada and Mexico will be presented together in one report, which will serve as a "valuable forecast tool as well as an encyclopedia of information."
 Smithers generated all its own forecast data and conducted its own research for the report which took approximately 12 man months to complete. It contains complete year-by-year and product-by-product forecasts of sales, production and materials.
 The company's previous forecast (1988-1992) for auto production accurately predicted the sharp downturn which occurred in 1990-1991. Five years ago, Smithers, with 98 percent accuracy, forecast auto production in North America to be 31.7 million units. Actual production was 32.5 million cars.
 Smithers is an independent research, testing and consulting firm, serving a worldwide client base in the automotive, tire, rubber, health and marine industries.
 For more information, contact R. Martin O'Shea, 216-762-7441 or fax, 216-762-7447.
 -0- 2/122/92
 /CONTACT: Michael E. Fay of Smithers Scientific Services, Inc., 216-762-7441/ CO: Smithers Scientific Services, Inc. ST: Ohio IN: AUT SU:


LC -- CL005 -- 9161 02/12/92 10:46 EST
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Date:Feb 12, 1992
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