Pelmar Group Expects ‘Increased Sales in 2009/10

Despite the current economic crisis Pelmar Group, the pre-owned tyre manufacturing equipment supplier, is reportedly expecting increased sales in the next two years. “More and more tyre and rubber plants worldwide are turning to buy used and reconditioned machinery, due to low capital investments caused by the global economic crisis,” company representatives told Tyres & Accessories. The 42 year old company (which employs 150 workers) reported a 25 per cent increase of sales in the fourth quarter of 2008 and first quarter of 2009.

According to company literature, Pelmar Engineering Ltd. is a world leading supplier of refurbished, pre-owned and new machinery to the tire and rubber industry..