BNET Industries
Market Cap:$4.5M
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 goodyear tire & rubber co. - All News and Analysis
News in brief.(Briefs)
BFS workers file civil rights suit DES MOINES, Iowa-Eight African-American employees of Bridgestone/Firestone's Des Moines farm tire plant are seeking certification of a class action, claiming they and other minority employees were subjected to racial harassment and discrimination at the plant. ...
Challenges...and change: Part 2 of 2; Trucking hammered into a recession by housing mess.(Special Report)
Byline: Peggy J. Fisher Fairly good results Despite these adverse conditions, 2007 was fairly good to the tire companies. In fact, the tire company stocks have outperformed almost every other industry despite high raw material costs and a continuous flood of...
As usual, lawyers were kept busy this year.(Special Report)(General Motors Corp. and Bandag Inc.)
Byline: Miles Moore In a litigious 2007, one lawsuit went all the way to the Supreme Court and inspired legislation, while another caused multiple national headlines as part of general concerns over the safety of imported Chinese goods. Goodyear faced a...
EU Clears Bridgestone to Buy Bandag Corp.
The European Union approved a plan by Bridgestone Americas Holdings to acquire Bandag Corp. for $1.05 billion.The combination of Bridgestone and Bandag, based in Muscatine, Iowa, would continue to face "strong, effective competition" from companies such as Michelin and Goodyear Tire & Rubber Co., Bloomberg News reported, quoting the European...
News in Brief.(Tire Retread Information Bureau changes name)(North Carolina Tire Dealers & Retreaders Association)(Tire Industry Association announces dates for Certified Instructor programs for Automotive Tire Service )
New TRIB name includes tire repair PACIFIC GROVE, Calif.-The Tire Retread Information Bureau TRIB plans to change its name to the Tire Retread & Repair Information Bureau to reflect the importance of tire repair in the industry, though the association's acronym will not change....
Firms see solid first qtr.(News)
First quarter results varied among tire industry companies with most gaining in sales and showing net profits. Bandag Inc., Continental A.G., Bridgestone Corp. and Group Michelin all reported solid performances during the quarter, while India's Apollo Tyres Ltd. reported record annual sales and profits....
News in brief.(Briefs)
Tire makers hike truck tire prices AKRON-Goodyear and Yokohama Tire Corp. are raising commercial tire prices 5 percent, effective May 1. Goodyear's increase applies to Goodyear, Dunlop and Kelly brands. The firm also raised prices on its tread rubber for off-the-road ...
Earnings fall for most; Raw material costs eat away at tire makers' profits; other companies report slow growth.(News)
Elevated raw material costs, a labor strike, restructuring costs and high gas prices all had some impact on tire and automotive service-related companies in 2006. Most companies saw earnings decline from these factors, but one, Trelleborg Wheel Systems, saw a 13-percent rise in earnings....
News In Brief.(Bridgestone Corp. inaugurates its plant in Brazil)(Federal Trade Commission takes action against Bandag Inc.)(Continental Tire North America Inc. raises prices of its light truck tires)
Conti to raise prices up to 5% CHARLOTTE, N.C.-Continental Tire North America Inc. will raise prices up to 5 percent on its Continental, General and private brand passenger and light truck tires in the U.S., effective April 2. Conti said the price...
Trucking to see slow-paced growth; Expect tire prices, fuel costs to continue upward.(Special Report)
Byline: Peggy J. Fisher Right on schedule, 2007 rolled in with the usual fanfare that New Year's celebrations entail. The ball dropped in Times Square, Dick Clark was rockin' out for his usual New Year's Eve celebration and the police were out...
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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