Thursday, February 21, 2013

Titan's Taylor at it Again - Remarks on French Labor Cause Stir



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 Titan International chairman and CEO Morry Taylor has written a letter to France’s industry minister Arnaud Montebourg, mocking the latter’s request for Titan and Taylor to reconsider buying the agricultural business at Goodyear’s Amiens Nord plant.

Titan International chairman and CEO Morry Taylor


Taylor took the opportunity to express his feelings toward the Amiens plant workforce. The letter, dated Feb. 8, describes Taylor’s experience of visiting the Amiens site and observing the plant workers in action.

The letter, in its entirety, is as follows:

Dear Mr. Montebourg:

I have just returned to the United States from Australia where I have been for the past few weeks on business; therefore, my apologies for answering your letter dated 31 January 2013.

I appreciate your thinking that your Ministry is protecting industrial activities and jobs in France. I and Titan have a 40-year history of buying closed factories and companies, losing millions of dollars and turning them around to create a good business, paying good wages. Goodyear tried for over four years to save part of the Amiens jobs that are some of the highest paid, but the French unions and French government did nothing but talk.

I have visited the factory a couple of times. The French workforce gets paid high wages but works only three hours. They get one hour for breaks and lunch, talk for three, and work for three. I told this to the French union workers to their faces. They told me that’s the French way!

You are a politician so you don’t want to rock the boat. The Chinese are shipping tires into France - really all over Europe - and yet you do nothing. The Chinese government subsidizes all the tire companies. In five years, Michelin won’t be able to produce tires in France. France will lose its industrial business because its government is more government.

Sir, your letter states you want Titan to start a discussion. How stupid do you think we are? Titan is the one with money and talent to produce tires. What does the crazy union have? It has the French government. The French farmer wants cheap tire. He does not care if the tires are from China or India and governments are subsidizing them. Your government doesn’t care either. “We’re French!”

The U.S. government is not much better than the French. Titan had to pay millions to Washington lawyers to sue the Chinese tire companies because of their subsidizing. Titan won. The government collects the duties. We don’t get the duties, the government does.

Titan is going to buy a Chinese tire company or an Indian one, pay less than one Euro per hour and ship all the tires France needs. You can keep the so-called workers. Titan has no interest in the Amien North factory.

Best regards,
Maurice M. Taylor, Jr.
Chairman and CEO


In response – in a letter obtained by French journal Les Echos – Secretary for Industrial Productivity Reform Arnaud Montebourg blasts Taylor's note as  "extremist," "ignorant" and insulting.

"France is proud to welcome on its soil more than 20,000 foreign businesses representing more than approximately 2 million employees," he wrote. “Each year, we count more than 700 decisions by companies to create jobs and commerce in France. And this strong attractiveness is not weakening – quite the opposite: year after year, it is reinforced.”

To read the complete text of Montebourg’s response, as translated by Business Insider, click here.


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Wednesday, February 13, 2013

Lamborghini rolls on Pirelli P Zero UHP tires



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Lamborghini rolls on Pirelli P Zero UHP tires


As part of a technical partnership between Pirelli Tyre S.p.A. and Automobili Lamborghini S.p.A., the Milan, Italy-based firm has developed made-to-measure P Zero tires for the new Aventador LP 700-4 Roadster.
The P Zero range is made up of ultra high performance tires designed to meet the needs of the most powerful cars in the world. The new Pirelli-equipped Roadster was launched recently at Homestead-Miami speedway in Homaestead, Fla.
For the occasion, the new Italian supercar used the new +1 inch fitment, with 255/30ZR20 tires at the front and 355/25ZR21 tires at the rear.
During a presentation, journalists were able to sample the new car’s full performance, using P Zero Corsa tires as well as P Zero. P Zero Corsa is part of Pirelli’s UHP range that is specially developed for racetracks, accentuating the power and performance of the new Roadster.
The development work carried out by Pirelli’s technicians particularly concentrated on the rolling circumference of the tires. In order to best respond to the needs of the Lamborghini’s four-wheel drive system, structures built with special materials and firmer compounds were used. This contains the deformation of the tire and maintains the high performance and rolling characteristics in all usage conditions.
The new P Zero tires have been designed to provide maximum grip and react quickly to changing speeds throughout the rev range, in order to transmit all the car’s power cleanly onto the ground.
The P Zero range was launched in 2007 as Pirelli’s Ultra High Performance tire. The three deep longitudinal grooves in the tread pattern ensure maximum grip on wet surfaces as well as acoustic comfort.


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