Budd–Michelin rubber-tired rail cars Budd–Michelin rubber-tired rail cars The Budd–Michelin rubber-tired rail cars were built by the Budd Company in the United States between 1931 and 1933 using French firm Michelin's "Micheline" rail car design. Michelin built its first rail car in 1929, and by 1932 had built a fleet of nine cars that all featured innovative and distinctive pneumatic tires. In September 1931, an agreement signed between the two companies allowed Budd to use the new rubber rail tires on its shot-welded, stainless-steel carbodies, and at the same time allowed Michelin to expand into the American market. After building two demonstrators in what
Cooper Tire & Rubber Company seals for home and commercial refrigerators. In December, 2003, Cooper agreed to a joint venture with Kenda Rubber Industrial Company, to construct a tire-manufacturing plant near Shanghai. In January, 2005, Cooper agreed to purchase 11% of South Korea-based Kumho Tires Company, and also announced the formation of a new commercial division encompassing both Oliver Rubber Company and commercial tires. In October, 2005, Cooper announced an agreement to obtain 51% ownership in China’s third largest tire manufacturer, Cooper Chengshan (Shandong) Passenger Tire Company Ltd., and Cooper Chengshan (Shandong) Truck Tire Company Ltd., to produce truck and passenger car tires for mainland