BNET Industries
Market Cap:$4.4M
Last Fiscal Year Sales:$984.1M
- Public
- US
Dow Jones Description
As the NO DETOURS company, we look down the road and set the best course to new opportunities for fleets. From application-specific tread products to uptime-critical Bandag Services that go beyond tires, we offer customized fleet services that cut costs and increase uptime. Our products and services are distributed through the Bandag Alliance, our integrated dealer network that includes over 1,600 sales and service locations in North America. For over 45 years, our dealers have been trusted by fleets to provide premium products and extensive knowledge on tire usage. So with Bandag, fleets can count on total support anytime, anywhere.
Number of Employees 3,362
Peer Companies
NAICS Code Tire Manufacturing (except Retreading): 326211
News & Analysis
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bandag inc. and cooper - All News and Analysis
Michelin to acquire Cooper's Oliver unit.
Byline: Kathy McCarron Michelin North America Inc.'s pending acquisition of Oliver Rubber Co. from Cooper Tire & Rubber Co. will broaden and expand Michelin's presence in the North American retread industry and potentially offer Michelin synergies in the business. Michelin and...
News In Brief.(Bandag Inc.'s sales declines)(Goodyear Tire and Rubber Co.'s Al Cohn resigns; William Hopkins appointed)
Raw material costs hurt Bandag in '05 MUSCATINE, Iowa-Bandag Inc. suffered double-digit declines in net earnings for the fourth quarter and the fiscal year on the negative effects of "unprecedented'' increases in raw material and energy costs. For the year, Bandag...
News in Brief.(Cooper Tire & Rubber Co)(Goodyear)(Maxxis International)
Cooper, Chinese deal ready to close FINDLAY, Ohio-Cooper Tire & Rubber Co. has received all Chinese government approvals for its 51-percent ownership bid in a Chinese tire maker, and the deal should close in January. Cooper said in October that it wanted...
Industry Digest.(Briefs)
ASA agrees to sell TireMaster software MUSCATINE, Iowa-ASA Tire Systems and Bandag Inc. have entered into an exclusive licensing agreement to sell TireMaster software for tire and auto service dealerships. The agreement, terms of which weren't disclosed, enables both firms to...
Sales, earnings rise in latest qtr.(company sales reports)
Tire industry companies posted higher sales and earnings in the most recent quarter, including two that reported record-breaking sales. Bandag Though its North American business unit volume was up 6 percent in the first quarter-with a net sales increase of $10 million-Bandag...
Tire firms' results vary; TBC Corp. surges ahead in third quarter; others mixed.(News)
Cooper Tire & Rubber Co. and TBC Corp. saw a bullish third quarter as both companies grew faster than the rest of the industry. Although its earnings were down during the quarter, Cooper said it gained new business and will source low-cost truck tires from...
Peggy takes a tune-full tour through 2002; Many have a blue Christmans as economy keeps melting.(Special Report)
Byline: Peggy J. Fisher Well, the weather is getting colder, there's snow in the air and Christmas carols are playing everywhere you go. These are sure signs that Santa will be checking his list to see just who was naughty and nice-and...
Economic woes continue ; Tire firms report sales declines in third quarter.
AKRON-An economic recession and the immediate aftermath of the Sept. 11 terrorist attacks on the U.S. impacted most tire companies during 2001's third quarter. Many tire companies struggled as raw material costs rose and volumes declined. Some, like Bandag Inc. and Cooper Tire &...
Financial ups and downs;Cooper, TBC see records; Bandag results off .(Brief Article)(Statistical Data Included)
AKRON--As year-end and fourth-quarter results began to filter in, Cooper Tire & Rubber Co. and TBC Corp. reported record sales and earnings in 1999, while Bandag Inc. saw it sprofits slump. TBC Corp. A 9.3 percent increase in unit shipments of tires,...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Martin G. Carver | CEO |
| Warren W. Heidbreder | Cfo |
| Andrew M. Sisler | Vice President, Sales |
| David W. Dahms | Treasurer & Vice President |
| Dennis M. Fox | Vice President, Manufacturing Design |
| Frederico U. Kopittke | Vice President |
| Janet R. Sichterman | Vice President, Sales |
| Jeffrey C. Pattison | Vice President |
| John C. McErlane | Vice President, North America |
| Mark A. Winkler | Vice President, Vehicle Services |
| Michael A. Tirona | Vice President |
| Timothy T. Chen | Vice President |
| Roy J. Carver | Martin G |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Amy P. Hutton | Board of Directors |
| Gary E. Dewel | Board of Directors |
| James R Everline | Board of Directors |
| Phillip J. Hanrahan | Board of Directors |
| R. Stephen Newman | Board of Directors |
| Stephen Newman Richard | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | CEO | Current |
| Bandag Incorporated | President | Current |
| Bandag Incorporated | Board Chairman | Current |
| Bandag Incorporated | Vice Chairman | Former |
| Bandag Incorporated | Board Director | Former |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Cfo | Current |
| Bandag Incorporated | Vice President | Current |
| Bandag Incorporated | Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Vice President, Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Treasurer & Vice President | Current |
| Bandag Incorporated | Treasurer | Current |
| Bandag Incorporated | Director Treas. Srvs. & Treasurer | Former |
| Bandag Incorporated | Credit Manager of North American Sales | Former |
| Bandag Incorporated | Treasurer | Former |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Vice President, Manufacturing Design | Current |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Vice President | Current |
| Bandag Incorporated | Company Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Vice President, Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Vice President | Current |
| Bandag Incorporated | Corporate Controller | Current |
| Bandag Incorporated | Director, Treasury Services | Former |
| Bandag Incorporated | Assistant Secretary | Former |
| Bandag Incorporated | Treasurer | Former |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Vice President, North America | Current |
| Bandag Incorporated | Director, Marketing | Former |
| Bandag Incorporated | Managerial Positions | Former |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Vice President, Vehicle Services | Current |
| Bandag Incorporated | Marketing Director | Former |
| Bandag Incorporated | Sales Manager, Ehrd | Former |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Vice President | Current |
| Bandag Incorporated | General Manager, Europe | Current |
| Tire Management Solutions, Inc. | Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Martin G | Current |
| Bandag Incorporated | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Keystone Strategy, Inc. | Current | |
| Bandag Incorporated | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Board of Directors | Current |
| Clarion Technologies, Inc. | Executive Vice President, Supply Chain | Former |
| Navistar International Corporation | Vice President, Supply Chain | Former |
| Monsanto Company | Vice President, Supply Chain | Former |
| Solutia Inc. | Vice President, Supply Chain | Former |
| Organization | Position | Status |
|---|---|---|
| Telanetix, Inc. | Board of Directors | Current |
| Bandag Incorporated | Board of Directors | Current |
| Henry Company | President | Former |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bacon's Information, Inc. | Chief Executive Officer | Current |
| Bandag Incorporated | Board of Directors | Current |
| PRIMEDIA Information Inc. | Chief Executive Officer | Former |
| PRIMEDIA Information Inc. | President | Former |
| Organization | Position | Status |
|---|---|---|
| Bandag Incorporated | Board of Directors | Current |
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