Q Tires Announces Cooperation Agreement

US based manufacturer of retractable studded tyres, Q Tires Inc., has announced the signing of a cooperation framework agreement with what it calls a ‘distinguished international company’. Although it has not provided any specific details regarding this company or the deal they have signed, Q Tires says it will work with the unnamed company in the areas of product, process and information technology advancements during the ongoing development of the Q tyre.

Q Tires states that, through the agreement, it gains a high-technology strategic relationship with a leader in global tyre manufacturing processes, information systems, equipment and R&D. Moreover, it says that the relationship provides Q Tires with supply sources for manufacturing equipment, semi-finished and finished products.