Goldman Sachs upgraded Sumitomo Rubber Industries (SMTUF) to Buy from Neutral with a price target of 2,100 yen, up from 1,600 yen. The firm cites the company’s structural reforms in the U.S. for the ...

Sumitomo Rubber Industries (JP:5110) has released an update. Sumitomo Rubber Industries has revised its financial forecast for 2024, ...

Sumitomo Rubber Industries is closing its factory in Tonawanda, N.Y., and dissolving its Sumitomo Rubber USA subsidiary there ...

Sumitomo Rubber USA is recalling certain Falken Wildpeak AT4W tires, size 275/60R20 115T, that may have been manufactured ...

Citing its inability to make tires profitably at its Tonawanda, N.Y., factory, Sumitomo Rubber Industries has decided to ...

Sumitomo makes automotive tires for passenger cars, trucks, buses and motorcycles. Production at the Tonawanda facility has ...

Sumitomo Rubber USA on Thursday announced it will close its Town of Tonawanda tire plant, which employs 1,550 people as one of the region’s largest manufacturers.

Sumitomo Rubber says it will close its western New York tire manufacturing plant and eliminate all 1,550 union and salaried jobs ...

Tim Sprunger, vice president of operations and plant manager of the Sumitomo Rubber USA plant in Tonawanda, talks about a ...

Union officials are convinced that the plan to shut down Sumitomo Rubber was in the works for months. Sources confirm that ...

The company said it is negotiating with the union over severance packages. Sumitomo Rubber Industries, parent of Sumitomo ...

Sumitomo took full control of it in 2015 after parent company Sumitomo Rubber Industries ended a joint venture with Ohio-based Goodyear Dunlop Tires North America. The sudden closure of one of the ...