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Rubber News

  • Best Places to Work: Atmosphere helps Sur-Seal during tough times, good times (Fri, 04 Dec 2020 00:30:00 EST)

    For the second year in a row, Sur-Seal has been named among the Best Places to Work in the rubber industry for creating a positive employee atmosphere, even amidst a global pandemic.

  • Rubber companies make Forbes 'World's Best Employers' list (Thu, 03 Dec 2020 14:00:00 EST)

    Plenty of rubber-related companies show up on a list of the world's best companies based on employee surveys.

  • Belt Power buys Rubber Services, expanding western U.S. market (Thu, 03 Dec 2020 13:53:54 EST)

    MARIETTA, Ga.—Belt Power L.L.C. has acquired Denver-based Rubber Services Corp., giving Belt Power a larger footprint in the Mountain West and Midwest U.S. regions for the distributor and fabricator of conveyor belts and related components.

    The acquisition of Rubber Services, a provider of lightweight belting solutions, was finalized Dec. 1. Terms of the transaction were not disclosed.

    "Rubber Service and Lou Siemer have earned a strong reputation in the lightweight belting industry based on providing excellent service to their customers for over 40 years," Belt Power CEO Don Heitmeier said in a statement. "We look forward to combining our shared capabilities and teams to expand our service solutions to the Rubber Service customers. I look forward to building on the current capabilities and continuing to expand our presence in the Denver area and throughout the Western U.S."

    Siemer, owner of Rubber Services, will be in charge of the new branch for Belt Power.

    "Rubber Service Corp. is excited to join the Belt Power team," Siemer said. "Both companies share the same customer service focus, and through an increasing network of locations and industry offerings, together we will be well positioned to deliver more valuable solutions for our customers."

    Belt Power, owned by Chicago-based private equity firm Shorehill Capital L.L.C., supplies conveyor system components, including conveyor belts, equipment and accessories and rubber, hose and gasket products.

    "Shorehill is thrilled to support Belt Power's continuing efforts to expand geographically, and we believe this combination is important to our continuing revenue growth into the Western United States," said Rob Hogan, Shorehill Capital managing director.

  • New Products: Hexpol high-flow TPEs enhance sustainability (Thu, 03 Dec 2020 13:11:38 EST)

    Hexpol Dryflex HiF TPEs make it possible to produce large scale parts via injection molding.

  • Bridgestone recalling 1,900 tires (Thu, 03 Dec 2020 13:00:00 EST)

    Bridgestone is recalling approximately 1,900 Firestone and Bridgestone passenger and light truck tires in the U.S. and Canada because of a manufacturing anomaly.

  • Top Glove expects factory closures to hurt delivery times, 2021 sales (Thu, 03 Dec 2020 12:21:28 EST)

    Top Glove's temporary closure of production factories due to a COVID-19 cluster in Meru, Malaysia, is expected to impact annual sales next year.

  • Vibracoustic to shutter Indiana plant (Thu, 03 Dec 2020 12:00:41 EST)

    Vibracoustic has filed a WARN notice, detailing plans to shutter its manufacturing plant in Ligonier, Ind.

  • Cabot expects sharp recovery in 2021, may not reach 2019 levels (Thu, 03 Dec 2020 12:00:00 EST)

    Cabot's reinforcement materials segment is set for a sharp recovery in 2021, but it may not be enough to reach 2019 volume levels.

  • Best Places to Work: Flexibility, atmosphere make CTI ideal workplace (Thu, 03 Dec 2020 11:00:00 EST)

    Commercial Timesharing is small, making it nimble and resourceful. And that's exactly what it prefers to be.

  • Maroon Group expands distribution agreement with Elementis (Thu, 03 Dec 2020 10:40:06 EST)

    Maroon Group has struck an extended, nationwide distribution agreement with specialty chemicals company Elementis.