United States Rubber Company

Icanic Announces Recapitalization Transaction and Support Agreement

Retrieved on: 
Wednesday, June 8, 2022

The Recapitalization Transaction is the next step in the combination and integration of the Icanic and LEEF organizations following the closing of the merger of the companies on April 21, 2022.

Key Points: 
  • The Recapitalization Transaction is the next step in the combination and integration of the Icanic and LEEF organizations following the closing of the merger of the companies on April 21, 2022.
  • Pursuant to the terms of the Restructuring Support Agreement, the Recapitalization Transaction will be implemented pursuant to arrangement proceedings under the British Columbia Business Corporations Act (the BCBCA).
  • In connection with the Recapitalization Transaction, the Company and certain of its subsidiaries (collectively, the "Subsidiaries") have either entered into, or indicated agreement to enter into a restructuring support agreement (the "Restructuring Support Agreement") with certain holders of the 2019 Secured Convertible Debentures issued by Leef Holdings Inc. (LEEF), the Company's U.S. wholly-owned subsidiary, and which hold in aggregate over 74.5% of the principal amount of 2019 Secured Convertible Debentures.
  • Further information about the Recapitalization Transaction will also be made available on SEDAR and the Company's website ( www.icaninc.com ).

CGR Products Moves to Infor CloudSuite Distribution Enterprise to Help Grow its Business

Retrieved on: 
Monday, October 18, 2021

NEW YORK, Oct. 18, 2021 /PRNewswire/ -- Infor, the industry cloud company, today announced that CGR Products , a leading manufacturer of high-quality components for industrial applications, is moving to Infor CloudSuite Distribution Enterprise to help grow its business.

Key Points: 
  • NEW YORK, Oct. 18, 2021 /PRNewswire/ -- Infor, the industry cloud company, today announced that CGR Products , a leading manufacturer of high-quality components for industrial applications, is moving to Infor CloudSuite Distribution Enterprise to help grow its business.
  • Moving to Infor CloudSuite Distribution Enterprise can help CGR Products standardize and simplify business processes, by eliminating pockets of complexity and over-customization.
  • In addition, CGR Products plans to deploy Infor Factory Track to help automate and improve its manufacturing and warehousing operations.
  • With Infor CloudSuite Distribution's critical business applications, organizations can experience automatic upgrades that deliver Infor's latest advances in enterprise functionality.

Cooper Tire Announces Temporary Shutdown of Manufacturing Facilities in Europe

Retrieved on: 
Monday, March 23, 2020

Cooper Tire & Rubber Company (NYSE: CTB) today announced that its tire manufacturing facilities in Europe will temporarily shut down to protect the health and safety of employees and respond to market demand that has been impacted by coronavirus.

Key Points: 
  • Cooper Tire & Rubber Company (NYSE: CTB) today announced that its tire manufacturing facilities in Europe will temporarily shut down to protect the health and safety of employees and respond to market demand that has been impacted by coronavirus.
  • About Cooper Tire & Rubber Company Europe Ltd.
    Cooper Tire & Rubber Company Europe Ltd., a subsidiary of Cooper Tire & Rubber Company, has more than a centurys experience at the leading edge of tire technology.
  • Cooper Tire Europe manufactures motorcycle and motorsports tires under the Avon and Cooper brand names.
  • is a subsidiary of Cooper Tire & Rubber Company and operates a tire manufacturing plant in Kruevac.

Michelin Implements Price Increase Across North American Passenger Brands for Selected Products

Retrieved on: 
Friday, February 14, 2020

GREENVILLE, S.C., Feb. 14, 2020 /PRNewswire/ -- Michelin North America, Inc., has notified its dealers of an upcoming price increase up to 7% in the United States and up to 5% in Canada for selected MICHELIN, BFGoodrich, and Uniroyal brand products in the passenger and light-truck tire categories.

Key Points: 
  • GREENVILLE, S.C., Feb. 14, 2020 /PRNewswire/ -- Michelin North America, Inc., has notified its dealers of an upcoming price increase up to 7% in the United States and up to 5% in Canada for selected MICHELIN, BFGoodrich, and Uniroyal brand products in the passenger and light-truck tire categories.
  • The increase will be effective on March 16, 2020.
  • Price changes may vary across specific products within each brand portfolio.
  • Headquartered in Greenville, S.C., Michelin North America ( www.michelinman.com ) employs about 22,700 and operates 19 major manufacturing plants.

Uniroyal Tires Renews Support for World Wildlife Fund Program to Double Wild Tiger Population

Retrieved on: 
Tuesday, October 1, 2019

GREENVILLE, S.C., Oct. 1, 2019 /PRNewswire/ -- Uniroyal Tires is renewing its support of the World Wildlife Fund (WWF) campaign to increase the number of wild tigers.

Key Points: 
  • GREENVILLE, S.C., Oct. 1, 2019 /PRNewswire/ -- Uniroyal Tires is renewing its support of the World Wildlife Fund (WWF) campaign to increase the number of wild tigers.
  • The brand that offers the iconic UNIROYAL Tiger Paw tire line is launching its second month-long campaign to support Tx2 an ambitious tiger conservation target set by 13 tiger-range countries to double the number of wild tigers by 2022.
  • For every Uniroyal tire rebate redeemed during the promotional period, Michelin North America will donate $20 to WWF's wild tiger efforts, with no set limit.
  • The Uniroyal customer will receive a WWF/Uniroyal co-branded "Save the Tiger" kit, which includes a plush tiger, a tiger decal, a species card and a save-the-tigers-themed reusable tote bag.

Uniroyal Tires Introduces New Brand Mascot

Retrieved on: 
Tuesday, May 7, 2019

GREENVILLE, S.C., May 7, 2019 /PRNewswire/ -- Uniroyal Tires has introduced a new brand symbol that has been 50 years in the making.

Key Points: 
  • GREENVILLE, S.C., May 7, 2019 /PRNewswire/ -- Uniroyal Tires has introduced a new brand symbol that has been 50 years in the making.
  • In the 1960s, the brand introduced the Tiger Paw line of tires, and a cartoon tiger starred in Uniroyal ads.
  • Tiger Paw tires were the original tires on the Pontiac GTO during that era.
  • "The tiger is reliably strong and protective, as are Uniroyal tires," said Olivia Le Meur, Uniroyal brand director.

Uniroyal Tires Drives Support for World Wildlife Fund's Program to Double Wild Tiger Population

Retrieved on: 
Monday, October 1, 2018

GREENVILLE, S.C., Oct. 1, 2018 /PRNewswire/ --Today Uniroyal Tires, the brand that offers the iconic Tiger Paw tire line, is launching a new month-long campaign to help World Wildlife Fund (WWF) save wild tigers.

Key Points: 
  • GREENVILLE, S.C., Oct. 1, 2018 /PRNewswire/ --Today Uniroyal Tires, the brand that offers the iconic Tiger Paw tire line, is launching a new month-long campaign to help World Wildlife Fund (WWF) save wild tigers.
  • For every Uniroyal tire rebate redeemed during the promotional period, Michelin North America will donate $20 to WWF's wild tiger efforts, with no set limit.
  • The Uniroyal customer will receive a a WWF/Uniroyal co-branded "Save the Tiger" kit, which includes a plush tiger, a tiger decal, a species card and a save-the-tigers-themed reusable tote bag.
  • "The tiger is a historic symbol of the Uniroyal brand," said Alonso Tiscareno, Uniroyal brand director for Michelin North America, Inc. "This program aims to help save the wild tiger population, and it invites those who buy our tires to join us in this mission."