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T&N plc.

T&N plc acquired an automotive bearings plant in Germany for 2 million pounds sterling. The acquisition includes the majority of the factory site, production equipment and inventory of
 RMA tire report - November
 (figures in thousands of units)
Passenger tires YTD '91 YTD '90 %
 change
Shipments
 original equipment 40,054 44,724 -10.4
 radial 35,253 39,159 -10.0
 replacement 145,379 142,133 2.3
 radial 142,374 137,458 3.6
 export 14,410 13,114 9.9
 radial 13,861 12,472 11.1
 total 199,844 199,971 -0.1
 radial 191,488 189,089 1.3
 Pduction 156,828 163,454 -4.1
 radial 151,879 156,367 -2.9
Truck & bus tires
Shipments
 original equipment 2,538 3,075 -17.5
 radial 2,153 2,563 -16.0
 replacement 11,090 12,520 -11.4
 radial 7,754 7,244 7.0
 export 746 617 21.0
 radial 582 443 31.4
 total 14,374 16,211 -11.3
 radial 10,488 10,249 2.3
Production 9,104 9,236 -1.4
 radial 6,587 6,275 5.0


Gleitlagerwerk Osterwieck GmbH. The business will be renamed Glacier Vandervell (Osterwieck) GmbH, and will operate as part of T&N's automotive bearings group.
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Title Annotation:acquires Gleitlagerwerk Osterwieck GmbH automotive bearings factory in Germany
Publication:Rubber World
Article Type:Brief Article
Date:Mar 1, 1992
Words:211
Previous Article:Custom mixing 1992 - a lot like 1991.
Next Article:JSR Elastomix Co. Ltd.


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