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  • CHICAGO—The Power Transmission Distributions Association elected its 2018 Board of Directors and Manufacturer Council at the annual business meeting during the NIBA/PTDA Joint Industry Summit in Hollywood, Fla.

  • RICHBURG, S.C.—Giti Tire has initiated production at its $560 million Richburg tire plant, making Singapore-headquartered Giti the 16th global tire maker with U.S.-based manufacturing capacity.

  • FRIEDRICHSHAFEN, Germany—Turkish plastic compounder Elastron Kimya is investing $10 million to open a factory in the U.S.—its first outside its home country.

  • ULSAN, South Korea—Songwon Industrial, a manufacturer of polymer stabilizers, and Lehmann & Voss & Co., a chemical company based in Hamburg, Germany, entered an exclusive distribution partnership for fuel and lubricants antioxidants.

  • FRIDINGEN, Germany—Desma aims to become "a solution provider for production and services and a partner for integrated production and business processes," according to Martin Schuermann, managing director of the Fridingen-based rubber injection...