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Tag Archive for: expansion

2012 plan outlines Bridgestone’s aim to be ‘undisputed no.1’

Bridgestone Corporation’s 2012 Mid-Term Management Plan (MTP2012) leaves little scope for misinterpreting the company’s aim. In its latest plan, announced 18 October, the Japanese firm states that its ultimate goal is to become the “undisputed world number one tyre and rubber company in both name and reality.” The plan covers the five years from the start of 2013 to the end of 2017, and Bridgestone says MTP2012 reflects “changes in the operating environment” since the formulation of MTP2011.”

18th October 2012/by Tyrepress Editors

Styron adds SSBR production line in Germany

Styron has added an SSBR (Solution Styrene Butadiene Rubber) rubber production line aimed at supplying tyre manufacturers to its factory in Schkopau, Germany. According to the company, Dr. Reiner Haseloff, minister-president of Saxony-Anhalt Germany and other dignitaries celebrate the opening. The new production line introduces an additional capacity of 50,000 metric tons at the production facility in Schkopau, Germany.

15th October 2012/by Tyrepress Editors

Belshina upgrading giant tyre factory

According to BelTA, the Belarusian Telegraph Agency, local tyre maker OAO Belshina intends increase capacity at its giant tyre facility and add 57 and 63-inch radials to its production portfolio. Company representatives told BelTA that the project will increase the product range and output of low soil compaction wide-section radials for powerful, self-propelled agricultural machinery. The expansion will reportedly increase agricultural tyre output by 84,000 units per annum while increasing productivity.

12th October 2012/by Tyrepress Editors

Motex Automotive Distribution joins The Parts Alliance

The Parts Alliance has announced that Motex Automotive Distribution Ltd has joined, becoming the latest member to join the Group. Formed in 1971, Motex Automotive Distribution has a turnover of £8m, employing more than 100 staff and distributes quality products from strategically located sites throughout Essex and East London.

4th October 2012/by Tyrepress Editors

GiTi Tire appoints Product and Pricing analyst, Marketing assistant

GiTi Tire has appointed Andrew Brady to the position of Product and Pricing analyst and Ashleigh Warren as European Marketing assistant. The newly filled positions will strengthen the company’s head office team, with both recruits assuming responsibilities across the relevant product portfolios in the company’s four main brands; GT Radial, Primewell, Runway and Dextero. Brady brings more than a decade’s worth of tyre industry experience with him, while Warren is new to the sector, having previously worked for a business software firm.

4th October 2012/by Tyrepress Editors

Westlake signs Spanish distribution agreement

The Westlake tyre brand will be distributed in Spain by Don Tyre SL following the completion of an agreement with Eskay Tyres. The company, part of the Al Dobowi Group, distributes the Westlake brand in several key European markets and says the latest move is intended to expand the brand in Spain through several strategic alliances with key players in the sector. Unlike the deal in the UK, under which Axle Group Holdings company Viking Wholesale Tyres distributes the brand exclusively, Eskay has chosen a strategy involving several distribution partners for Westlake in Spain.

4th October 2012/by Tyrepress Editors

Allparts details investment, growth plans

Buckinghamshire-based aftermarket supplier, Allparts Automotive Ltd will accelerate its branch network expansion following what it says is a significant investment from HgCapital. The company said its founder, Steve Fulford will continue to support the Allparts management team and retain his position as chairman of The Parts Alliance. As a founder of The Parts Alliance, Allparts stated that it would remain a committed and active member. Managing director, Mark Darvill, will continue to lead the Allparts board of directors and management team. Independent investment firm, HgCapital has assets under management of over £3.8 billion, and a strong interest in the automotive aftermarket. Allparts’ Parts Alliance colleague CES (UK) Ltd is also part of its investment portfolio, and the new investment will lead to greater collaboration between the companies, though both parties made clear that they intend to remain separate entities.

3rd October 2012/by Tyrepress Editors

CES opens expansion phase with Manchester branch

CES (UK) has opened a new branch in Manchester, beginning its planned expansion phase. Located in the south of the city, the new branch will serve customers across the south Manchester belt, linking in with their existing network. The area had previously been served by the company’s Northwich, Cheshire branch. Managing director Steve McCann says local garages will benefit from the company’s new area branch.

27th September 2012/by Tyrepress Editors

Second investment in Bridgestone's Bloomington plant announced

An additional US$27.3 million will be directed towards expanding Bridgestone’s OTR tyre plant in Bloomington, US. The investment, announced during a press conference at the MINExpo show in Las Vegas, will primarily go towards new machinery for the production of giant loader tyres (GLT). The Bloomington plant currently specialises in producing cross-ply GLT, and therefore Bridgestone considers it the “ideal location” to increase production of these tyres. The expansion will create approximately 47 new jobs.

26th September 2012/by Tyrepress Editors

Firenza’s Nu Ice range represents entrance to winter market

Stamford Tyres brand, Firenza has an established presence in UK and European markets, with patterns across the PCR, UHP, light commercial and truck sectors. The brand expanded its purview in 2012 to include a recent range expansion into specialist cold weather products. Its growing portfolio now includes the winter tyre range, Nu Ice.

10th September 2012/by Tyrepress Editors

AlloyGator appoints Auto4 as distributor

AlloyGator, designer and manufacturer of a British-made alloy wheel protection system, has announced the appointment of Auto4 as its UK distributor. The company says the agreement will help strengthen its UK distribution and support significant growth. Curt Rathbone, managing director of AlloyGator, said: “We are delighted to announce the appointment of Auto4 as a key distributor. Auto4 is an organisation with a well established reputation for service and commitment to the trade which is well placed to provide support and advice to stockists and fitting centres – we look forward to a long and successful partnership.

3rd September 2012/by Tyrepress Editors

Conti’s Koeller, Kerle become ‘citizens’ of Hefei

Say Ni Hao to two of Hefei’s newest ‘honourary citizens’. At a recent ceremony in the capital of China’s Anhui Province, Mr. Burkhardt Koeller, Continental Tire division’s executive vice-president Finance and Controlling, and Dr. Tobias Kerle, general manager of the company’s Hefei tyre plant, were awarded Hefei City ‘honourary citizenship.’ This distinction, says Continental, is an official award acknowledging the Continental Tire division’s contribution and long-term commitment to Hefei city’s economic development. Mr. Wu Cunrong, secretary of the Hefei Municipal Party Committee, presented the award to Koeller and Kerle.

3rd September 2012/by Tyrepress Editors

ECP adds crash repair warehouse, 10 new branches

Euro Car Parts reports that it has invested in a second storage facility, following the opening of its National Distribution Centre in Tamworth, Staffordshire in 2010. The 141,000sqft warehouse in Swadlincote, Derbyshire will primarily store crash repair stock including Platinum Plus product lines and the company has signed a 10-year lease agreement with GE Capital Real Estate for the Tetron Point distribution unit. ECP has continued to expand its network too, with 10 new locations announced. They are anticipated to open in the fourth quarter of 2012.

29th August 2012/by Tyrepress Editors

Conti expanding US headquarters

Continental Tire the Americas announced a major expansion of its US headquarters in Ft. Mill, South Carolina. US industry publication Tire Review shares that the three year old headquarters building will be extended by 16,000 square feet, creating a total area of 91,000 square feet. Along with a larger floorspace, the expansion will bring 80 new jobs to the headquarters over the coming four years.

27th August 2012/by Tyrepress Editors

Project dragon ready – official opening for Goodyear’s new China plant

A formal opening ceremony for Goodyear Tire & Rubber’s Pulandian plant in China was held on 15 August. Around 700 guests attended the celebration, including government officials and president of Goodyear’s Asia Pacific business, Dan Smytka. During a speech, company chairman and CEO Richard Kramer declared the factory’s commissioning to be of “extraordinary significance” to Goodyear.

21st August 2012/by Tyrepress Editors