Avon tyre production restarts with Nova Motorsport in Portugal
Nova Motorsport has produced the first Avon Motorsport ACB9 Formula Ford and Avon Traction Mileage tyre for classic Land Rovers at its new manufacturing facility in Portugal. The plant, acquired from Camac in May 2024, is equipped with moulds and manufacturing equipment from the former Avon factory in Melksham.
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TBC Corporation names new CFO
Marilyn Spunar is poised to become the next chief financial officer of USA-based tyre distributor and franchise retailer TBC Corporation. Following her appointment as incoming CFO, she will officially assume the role on 1 October 2024, upon Scott Hurd’s retirement.
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Heavy tyre tube production shifting to Nokian Tyres’ Nokia plant
Nokian Tyres is investing in a new production line for heavy tyre inner tubes at its factory in Nokia, Finland. The company expects that the first inner tubes made in Nokia will be ready in the first half of 2025. Production in Nokian replaces the manufacture of inner tubes in Lieksa, Finland, where production will end in stages during 2025.
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ZC Rubber breaks ground on new factory in Mexico
On 6 August, ZC Rubber officially commenced construction on its third overseas manufacturing facility in Saltillo, Mexico. The Chinese tyre maker views this “significant milestone” as one that “marks a major step forward” in its global expansion strategy and commitment to meeting the growing demand in North and Latin America.
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Hankook Tire becomes majority shareholder of Hanon Systems
Hankook Tire & Technology Co., Ltd is now majority shareholder in South Korean automotive parts manufacturer Hanon Systems Co., Ltd., following approval from regulatory bodies such as the European Commission. Hankook Tire holds a 50.53% stake in Hanon Systems.
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Tyre majors buying Hainan’s natural rubber
Natural rubber produced at the Xilian Rubber Plantation, located in south China’s Hainan Province and run by China Hainan Rubber Industry Group Co. Ltd. is making its way around the world and even as far as leading global tyremakers.
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Yokohama Rubber holds information exchange event with natural rubber suppliers
Yokohama Rubber Co. Ltd.’s Singapore subsidiary, Yokohama Rubber Singapore Pte. Ltd., held a “Suppliers’ Day” for suppliers of natural rubber in July. The event was part of Yokohama Rubber’s efforts to “promote procurement of sustainable natural rubber, facilitating the exchange of information and establishing a common awareness of supply chain issues”.
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TGI CEO honoured with Athletic Facility Dedication
The founders of Tire Group International were recently honoured by their Alma Mater, Christopher Columbus High School. CCSHS specifically named its new athletic training space after the family dubbed the Gonzalez Family Athletic Facility.
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Maha UK heads to Automechanika Frankfurt
Maha UK managing director, Neil Ebbs, along with Luke Fuller and Louis Tunmore, are heading to Frankfurt for the Automechanika trade fair, which runs 10-14 September 2024. The trio are encouraging customers and organisations from the UK to join them at “Maha’s impactful stands…”.
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Holger Düx dies
Holger Düx died suddenly and unexpectedly at the end of July. He was 56. The tragic news also means Kraiburg Austria has lost its Tyre Solutions Sales Manager and we as a publishing group have lost a former colleague (since he previously worked for our German sister publication Neue ReifenZeitung) and friend who was highly valued for his always open and friendly manner.
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Sale “out of necessity” – Further details of Yokohama’s purchase of Goodyear OTR
Following the news that Yokohama Rubber will buy Goodyear OTR eight months after Goodyear put the business unit up for sale as part of its “Forward” rationalisation scheme, further details of the transaction have emerged. In short, Yokohama opted for a far lower valuation calculation in the purchase of Goodyear OTR than it did when buying Trelleborg Wheel Systems a year or so ago; has specifically gained Goodyear OTR brand rights; and the Goodyear Luxembourg OTR tyre operation does not form part of the sale to Yokohama.
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Midlands Tyres Group buys Tyres and Batteries
In Eire, The Midland Tyres Group announced its acquisition of T.A.B. Tyres and Batteries Ltd (TAB) at the end of July. According to Midland, this strategic move will “enhance Midlands service offerings to our fleet customers where we will be positioned to have the largest number of fitters and vans inside and outside the M50.”
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Vittoria offers carbon footprint analysis of tyres
Vittoria is empowering cyclists to “make more environmentally conscious purchases” via a carbon footprint analysis of the company’s entire range. The development follows two years of development with Deloitte. As a result of that, Vittoria reports that it has introduced “a comprehensive tool based on the UNI EN ISO 14067:2018 Systematic Approach”. Externally certified by Bureau Veritas in June 2024, the offers detailed data on the CO2 emissions produced during the lifecycle of each tyre.
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Pirelli shareholder Hixih signs Chinese EV strategic partnership
After reporting triple-digit growth in its electric vehicle and automotive business in China during the first half of 2024, Eurogrip Laminations (EGLA) announced that it has agreed a partnership with China’s Hixih Rubber Industry Group. Italy-based EGLA turned over some 836 million euros in 2023.
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Hankook Tyre UK supporting Transaid with ambulance bicycles
Hankook has recently celebrated 18 years of corporate partnership with Transaid - donating prizes for fundraising events, participating in cycle challenges, and most recently, providing four bicycle ambulances to help transform lives through safe, available and sustainable transport.
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