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Alliance Launches New Tread Pattern

Israel-based agricultural tyre manufacturer, Alliance, has released a new tread pattern and tyre size. The new 358 drive tyre tread pattern is characterised by strong lugs for heavy-duty services on medium HP agricultural tractors and implements. According to the company, the triple angled lugs deliver smooth ride in the field and on the road. The tyre’s “strong nylon diagonal carcass” is said to guard against mechanical failures and moisture deterioration. The new 358 is available in size 15.5 – 38.

10th January 2006/by Tyrepress Editors

Alliance Updates Product Line-up

Israeli agricultural tyre manufacturer, Alliance Tire Company Ltd has released a series of size and load index updates to its existing product range. The most recent development has been within Alliance’s forestry portfolio. Here the manufacturer has increased the load index of its 331 Forest (710/40 22.5) tyre. Designed for the front and rear tyres of modern forestry harvesters and other similar machinery, the 331 Forest is now available with 16PR, 152A8 and 159A2 load indexes.

14th December 2005/by Tyrepress Editors

Up to Three Years’ Credit on Teng Tools

Teng Tools has joined forces with the Bank of Scotland and Alliance and General to give selected stockists the ability to offer their business customers a choice of two or three years’ credit. This applies to any products from the Teng Tools range of mechanic’s hand tools as well as their Toolstars sister brands of Limit measuring tools and Race air tools.

20th September 2005/by Tyrepress Editors

Alliance Opens First NA Warehouse

(Akron/Tire Review) Alliance Tire USA opened its first North American warehouse this week, located in Springfield, Ill. The company did not say how large the facility was. “This is a very exciting development for us, and allows Alliance and our customers the opportunity to ensure that we can put Alliance tires on equipment at short notice,” said Manjri Shah, manager of Alliance, based in Denville, N.J. “Many customers, especially original equipment manufacturers, have been eager to see a warehouse to ensure a quick way to fill surprise needs.”

Shah said Alliance customers will continue working through their normal supply channels to fill container loads. The warehouse is for emergency needs only, she noted. In addition, the company is also soliciting suggestions from its customers on the tread designs and sizes that they would like to have close at hand. Seeking customer input will help ensure “a steady supply of the right products,” according to Alliance president Joseph Anglister.

12th September 2005/by Tyrepress Editors

Mutual Benefits

According to Group Tyre, Maxxis is fast becoming one of the most highly regarded ‘premium budget’ brands in the UK. Chairman, John Church, commented on the development: “In the last two years, we have invested major resources in developing the Maxxis brand in the passenger car, 4 X 4 and light truck sectors, promoting its quality and value-per-mile attributes, which have clearly resonated with trade and retail customers alike. These initiatives have assisted in creating a firm foundation of distribution outlets, for the brand in the UK, and we can confirm that the initiatives will continue, as we look forward to further developing the Maxxis brand.”

31st August 2005/by Tyrepress Editors

Alliance Reports Record Sales in Second Quarter

Alliance Tire has reported total sales of $78.5 million compared to $63.6 million in the first half of 2004, up 23.4 per cent. Net income in the second quarter of 2005 grew 278 per cent, amounting to $4.6 million, compared to $1.2 million in the same quarter of 2004. “Marketing efforts, product mix and business conditions were the main factors to fuel the sales growth and profitability,” said company CEO Isia Tchetchik.

16th August 2005/by Tyrepress Editors

Alliance Tire Company’s Shares Grew at 160% in 2005

The positive business results of Alliance Tire Company have been rewarded by a vote of confidence from investors’ side. The company is currently producing around 120,000 agricultural tyres at around US $ 42 million a year and has been the second best Israeli stock market investment of the year. Company share grew at 160% from the beginning of 2005.

9th August 2005/by Tyrepress Editors

Alliance Wins $2 million US Army Contract

Alliance Tire Co has announced that it has won five tenders totalling $2 million to supply tyres to the US Army for three years.

Alliance will supply tyres for development work vehicles as an authorised supplier of the US government. According to the company, Alliance tyres have been tested in US Army laboratories, and found to be suitable for trucks, forklifts, field transportation vehicles, and development work vehicles.

27th July 2005/by Tyrepress Editors

Trend Tracker Announces Alliance with German Aftermarket Consultancy

Trend Tracker Limited, the UK automotive research, consultancy and training firm established in 2004, has formed an exclusive alliance with German-based automotive aftermarket consultancy Wolk & Partner Car Consult GmbH.

This alliance, says the firm, will result in UK suppliers benefiting from: Access to market expertise on the German aftermarket; the availability of English-language reports on the German aftermarket; and the introduction of a range of web-based tools only previously available to companies in Germany.

13th July 2005/by Tyrepress Editors

AXA Increases Continental Stake

AXA has increased its stake in Continental AG to 10.5 per cent of voting rights, Continental said in a notice in German newspaper, Boersen-Zeitung. Most of the shares are reportedly held by AXA’s US units AXA Financial Inc, AXA Financial Services LLC, AXA Equitable Life Insurance Company and Alliance Capital Management LP.

1st July 2005/by Tyrepress Editors

Alliance Ends First Quarter with $5 million Dollar Net Profit

In the first quarter of 2005 Alliance Tire reported net profits of around $9.2 million including deferred tax assets of around $4 million. Alliance’s first-quarter exports amounted to $29.3 million, a growth of 16.7 per cent over the first quarter of 2004. Sales for the first quarter amounted to $37.6 million compared to $32.1 million the previous year, an increase of 17.1 per cent.

6th June 2005/by Tyrepress Editors

Alliance Strengthen Forestry Position

Alliance has introduced 40 new forestry tyre designs to its existing ranges in an attempt to strengthen its position in the segment. The tyres feature reinforced steel and include flotation forestry tyres for harvesters, agro-forestry R1 tyres for combined applications in forestry and agriculture, and LS forestry tyres for logger skidders.

The new tyres were developed in co-operation with machinery manufacturers, under severe conditions, said David Shahar, head of R&D for Alliance. “Forestry tyres should be able to drive effortlessly in difficult terrain, without puncture and costly down time,” Shahar explained.

26th May 2005/by Tyrepress Editors

Alliance Records Profit Following Four Years of Losses

(Akron/Tire Review) After four successive years of losses, Alliance Tire Co. reported a net profit of $0.9 million for 2004 in its newly released financial results. The company ended 2003 with a net loss of $13.1 million. But, in 2004, gross profits increased to $31.1 million, compared to $20.4 million in the previous year.

7th April 2005/by Tyrepress Editors

Tokai and Mitsubishi Revoke Alliance Agreement

Tokai Carbon and Mitsubishi Chemical Corp have agreed to revoke their agreement to form an Alliance of carbon black businesses. The companies will also withdraw their application for examination by the Fair Trade Commission. The commission had suggested that “the alliance might substantially restrict competition in the Japanese domestic market that is presently short-supplied.”

“We anticipate harsher competition in the carbon black industry in Asia including Japan where aggressive capacity expansions are being made in expectation of rapid growth in the automobile industry, the main consumer of carbon black … We will expand and reinforce our business bases mainly in rapidly growing Thailand and China, as well as accelerate development into high added-value products and new market areas under the basic policy of ‘Powerful R&D,’” the company said in a statement. The stated that it would remain open to the possibility of future alliances.

26th January 2005/by Tyrepress Editors

Cooper Boss Named Industry Executive of the Year

Thomas A Dattilo has been named Industry Executive of the Year by Rubber & Plastics News. Mr Dattilo, who is also chairman of Rubber Manufacturers Association and vice chairman of the Manufacturers Alliance (MAPI), has served as Cooper’s president chairman and CEO since April 2000. According to Rubber & Plastics News, Mr Dattilo has helped the company to grow by nearly 25 per cent. Identifying Dattilo as the first “outsider” to lead the company, Rubber & Plastics News noted that he has provided the company “international experience and a better understanding of outside forces that influence companies in today’s economy.”

”Cooper’s people and customers are what drive the company’s success. My role is to lead an already outstanding organisation to even greater success – greater than what they may realise they can achieve,” explained Dattilo. “I am thrilled and honored to be named to this prestigious honour and gladly share this recognition with the entire Cooper organization.”

15th December 2004/by Tyrepress Editors