On Monday, Senator Chuck Schumer was blunt when asked about his reaction to Sumitomo Rubber USA abruptly shutting down. "I am ...

Parent company Sumitomo Rubber Industries claimed it had “made sincere efforts to try and save the plant” with advanced ...

Tim Sprunger, vice president of operations and plant manager of the Sumitomo Rubber USA plant in Tonawanda, talks about a ...

The company said it is negotiating with the union over severance packages. Sumitomo Rubber Industries, parent of Sumitomo ...

Union officials are convinced that the plan to shut down Sumitomo Rubber was in the works for months. Sources confirm that ...

Citing its inability to make tires profitably at its Tonawanda, N.Y., factory, Sumitomo Rubber Industries has decided to ...

Goldman Sachs upgraded Sumitomo Rubber Industries (SMTUF) to Buy from Neutral with a price target of 2,100 yen, up from 1,600 yen. The firm cites the company’s structural reforms in the U.S. for the ...

Sumitomo makes automotive tires for passenger cars, trucks, buses and motorcycles. Production at the Tonawanda facility has ...

Sumitomo Rubber Industries is closing its factory in Tonawanda, N.Y., and dissolving its Sumitomo Rubber USA subsidiary there ...

Sumitomo Rubber Industries (JP:5110) has released an update. Sumitomo Rubber Industries has revised its financial forecast for 2024, ...

Sumitomo Rubber says it will close its western New York tire manufacturing plant and eliminate all 1,550 union and salaried jobs ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...