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On 5 December 2006, Bridgestone Americas and Bandag, Inc. announced a merger agreement whereby Bridgestone would acquire Muscatine, Iowa–based Bandag, Inc., a leading truck tire re–treader that was founded in 1957 and had over 900 franchised dealers worldwide at the time. In announcing the merger, Bridgestone's president in Tokyo explained:
The Goodyear Tire & Rubber Company is an American multinational tire manufacturer headquartered in Akron, Ohio. Goodyear manufactures tires for passenger vehicles, aviation, commercial trucks, military and police vehicles, motorcycles, recreational vehicles, race cars, and heavy off-road machinery.
A truck converted to run on biofuel. Walmart's truck fleet logs millions of miles each year, and the company planned to double the fleet's efficiency between 2005 and 2015. [74] Fifteen based at Walmart's Buckeye, Arizona, distribution center were converted to run on biofuel from reclaimed cooking grease made during food preparation at Walmart ...
It is estimated that these tire failures and rollovers cost Bridgestone/Firestone $1.67 billion [72] and Ford Motor Company $530 million. Bridgestone's market price dropped by 50% and the resulting restructuring cost Bridgestone $2 billion. In 2001, Ford recorded a loss of $5.5 billion. [59]
Walmart must pay one of its former truck drivers $35 million after a jury found the retailer had falsely accused him of workers’ compensation fraud.. A San Bernardino County jury said in a two ...
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