Dana Holding Corp. appointed James Yost to executive vice president and chief financial officer. Yost was previously with Hayes Lemmerz International, most recently serving as executive vice president and chief financial officer. Yost joined Hayes Lemmerz in 2002 after 27 years at Ford Motor Co., from which he retired in 2001 as vice president of corporate strategy.
"Gary Convis and I are pleased to welcome such a highly respected industry financial leader to our team," said Dana Executive Chairman John Devine. "We look forward to capitalizing on Jim's experience and strategic perspective."
Yokohama Tire Corporation promoted Takao Oishi to corporate officer of the Yokohama Rubber Company, effective June 27. This is the second promotion this year for Oishi, who assumed the role of president and chief executive officer of Yokohama Tire Corporation in April. He joined Yokohama Tire Corporation in 2007 as executive vice president, responsible for MIS, OE sales, strategic marketing and operations. He previously served as President of Yokohama Europe and lived in Dusseldorf, Germany.
Federal-Mogul Corp. named Martin Hendricks vice president, Europe, Middle East, Africa (EMEA), Global Aftermarket. He is responsible for aftermarket sales, marketing, distribution and administration in EMEA and is based in the company’s Aartselaar, Belgium, office. Previously, Hendricks held marketing, sales and general management positions with Robert Bosch and TRW. Most recently he was chief commercial officer with EurotaxGlass’ International AG in Switzerland.
Kumho Tires held a groundbreaking ceremony for its sixth overseas manufacturing plant located in Bibb County, near Macon, Georgia. The company plans to invest a total of $165 million in this 5.7-million square-foot plant, slated for completion by the end of 2009. The plant will have an initial capacity of 2.1 million tires for original and replacement equipment markets in the United States. With the completion of this new plant, the company will have a total of nine plants strategically positioned around the world.
Firestone Industrial Products Company LLC announced plans to open a new air spring manufacturing plant in Turrialba, Costa Rica. To be located between San Jose and the port of Limon, the facility is expected to initially employ approximately 100 people. The company has signed a lease on the former Conair facility in Turrialba, and will initially occupy 11,500 square meters to manufacture air springs and Marsh Mellows springs.
FSIP is currently awaiting government approval on the necessary permits it has filed in support of this new location. Firestone Industrial Products, Indianapolis, IN: 317/575-7000.