Tyreguard Gains US Distribution

Cheshire-based Tyreguard systems will soon be selling its tyre sealent products on the other side of the Atlantic after striking a deal with Harvey Westbury Corporation. The agreement will see Harvey Westbury exclusively distribute Tyreguard’s new tyre safety system to the Marine, RV and Industrial sectors in the US, Canada and Puerto Rico. Under terms of the agreement Harvey Westbury will also be able to market Tyreguard to the automotive industry.

Harvey Westbury’s existing brands include “Diamond oil”, air and fuel filters and “Garry’s Royal Satin wax.” Harvey Westbury specialises in private label packaging of its products for both the automotive and marine industry. The company is projecting FY 2005 gross sales of approximately $700,000, and believes they will achieve organic top line growth of 250 per cent for FY 2006, with revenues of $2,000,000 and healthy 40 per cent gross margins.

The Tyreguard tyre safety system is designed to prevent punctures and leaks before they happen, turning ordinary tyres into self-sealing tyres. Tyreguard is the only tyre sealant that has obtained a letter of approval from Dunlop Tyres (South Africa) a subsidiary of the Goodyear Tire and Rubber Company.

“With Harvey Westbury’s connections in the Marine, Automotive and Industrial industries we feel that a great product like Tyreguard will generate a lot of interest among both our existing customers and new prospects as well. Tyreguard is unique in that it fits all applications of vehicles and allows us to explore additional areas in which to sell this product,” Eugene Chiaramonte president of Harvey Westbury Corp stated, adding: “For example this product will also be an excellent fit for package delivery companies like United Parcel Service because of the downtime it can save by eliminating flat tyres. The same holds true for the rental car business. Companies such as Hertz and Dollar could also benefit from having no flat tyres on their fleet saving them millions of dollars over time.”