News from Notch Consulting, Inc.

May 2, 2018

Pirelli to revamp organizational structure

Filed under: Tires — Notch @ 12:35 pm

At the Pirelli Board of Directors meeting scheduled for 14 May 2018, Marco Tronchetti Provera will present to board members the tire maker’s proposal for developing an organization to support the company’s Integrated Business Model. This proposed organization, which the executive vice-chairman and chief executive officer has already shared with the chairman of the board, involves a new distribution of responsibility within the company.

Under the new organization, Andrea Casaluci will become head of the newly-constituted General Management Operations organization. Casaluci is currently the executive vice-president in charge of Original Equipment for the Europe region, and the Prestige business unit. This organization will oversee all of Pirelli’s regional operations as well as its Commercial Original Equipment, Commercial Replacement, Moto, Velo and Motorsport, Prestige, Strategic Marketing as well as the Manufacturing, Purchasing and Supply organizational units.

Maurizio Boiocchi will take responsibility for the Technology organization, which will oversee the Technology & Quality and Cyber & Innovation functions. Boiocchi will also continue to head technical activities and F1 as part of his Motorsport commitments.

A third function, Digital, will also be proposed.

Read the full press release here.

Production ceases at Michelin plant in Northern Ireland

Filed under: Tires — Tags: — Notch @ 10:43 am

Michelin has ceased production at its 49-year-old truck tire plant in Ballymena, ahead of the factory’s scheduled closing. In November 2015, Michelin announced operation at the site would come to an end in April of this year due to rising energy costs and falling demand for truck tires in Europe.

The factory, which opened in 1969, is to be turned into an enterprise park comprising manufacturing, office and warehouse space, according to local media reports confirmed by Michelin.

The closing of the Ballymena plant is part of a wider restructuring of Michelin’s operations in the U.K. on growth segments of the passenger car and light truck tire and retread markets, the company said.

The restructuring plan includes an investment of more than $100 million at a plant in Dundee, Scotland to increase passenger and light truck tire capacity by 30 percent by 2020 and $25 million in its Stoke-on-Trent, England, tire and retread plant.

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