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Tag Archive for: expansion

Report: Pirelli considering Carlisle investment

Italian tyre giant Pirelli could be considering an investment in the future of its Carlisle plant according to a report by regional newspaper The Cumberland News. The paper reports a conversation with Pirelli’s UK Industrial director Paolo Battistini, who suggested that the company has some “investment forecast for this factory.” Battistini also reiterated the company’s desire to stay in Carlisle, while engineering manager Allan Wilson told the paper that “We want to develop new products in Carlisle for the UK. We’re constantly putting forward our case for investment.”

5th August 2011/by Tyrepress Editors

Halfords Autocentres points increasing age of cars

The effects of the recession mean that more people are keeping their cars for longer and putting off the major expense of buying a new vehicle, according to new research from Halfords Autocentres. However, the mature motors of today are a long way from the old bangers of the past thanks to better engineering and maintenance techniques.

According to experts in the field, drivers are recognising that maintaining and running an older vehicle is more cost effective than buying a newer model.

1st August 2011/by Tyrepress Editors

Trelleborg reports enhanced market position in Q2

In its interim report for the April to June 2011 quarter, Sweden’s Trelleborg AB reported net sales of SEK 7,583 million (£721.2 million) from continuing operation, up on the same period last year. Operating profit grew 9.8 per cent year-on-year to SEK 706 million (£67.2 million) and net profit increased 13 per cent to SEK 469 million (£44.6 million).

20th July 2011/by Tyrepress Editors

MAM adds to North America team

The MAM Software Group has announced the appointment of sales and professional services staff at its North American subsidiaries. The UK-based provider of business automation and e-commerce solutions for the automotive sector says the appointments strengthen its position as a growing force in the tyre and component aftermarket. The new appointees are Michael Moothart, Joe O'Regan, Scott Gaines, Ryan Putans (all MAM Software) and Jeff Carpenter, (Aftersoft Network NA).

19th July 2011/by Tyrepress Editors

New HR director for Falken Tire

Falken Tire Corporation, the US based subsidiary of Sumitomo Rubber Industries, has appointed Vivien Winneke its director of human resources. Commenting on Ms Winneke’s new role, company president and CEO Richard Smallwood said: “As Falken continues its rapid ascent in sales, it becomes increasingly important to find and recruit talented individuals who can support that growth. This rapid expansion of personnel, along with increasingly complex labour laws, make human resources one of the company’s cornerstones that advocates our cultural belief of plan ahead to maximise opportunities and manage risks.”

18th July 2011/by Tyrepress Editors

Omni introduces Radar Verenti R6 tyre to US market

Omni United has introduced its new Radar-brand ultra high performance tyre, the Verenti R6 All-Season. The tyre will be M&S rated and is now available in sizes: 205/50R17, 215/50R17, 225/50R17, 235/45R17, and 225/40R18. Omni says the Verenti size expansion will continue throughout the rest of the year with the most popular OE and aftermarket sizes in the 17 to 20-inch wheel diameters.

15th July 2011/by Tyrepress Editors

Trelleborg Americas appoints new account manager for ag and forestry tyres

Effective June 2011 Kevin Lowe was appointed as the new agricultural and forestry key account manager in the US market for Trelleborg Wheel Systems Americas. Lowe has worked in the tyre business for 23 years. Before joining Trelleborg North America, Kevin was a tyre retailer in Central Florida and worked in distribution and sales for another large tire manufacturer for the last six years in the Carolinas.

14th July 2011/by Tyrepress Editors

Keyuan notified of NASDAQ delisting

Despite being informed that Keyuan Petrochemicals’ stock may be delisted from the NASDAQ, company chairman and CEO Chungfeng Tao states demand for its products “remains strong”. The Chinese petrochemical product manufacturer disclosed on July 11 that it received a letter from the NASDAQ regarding a delisting of its stock based on a review of the company and pursuant to NASDAQ Listing Rule 5101 and Listing Rule 5250 (c)(1). Keyuan says it has requested a hearing to appeal this decision and adds that its management is “working diligently with all relevant authorities to regain compliance with its regulatory requirements.”

13th July 2011/by Tyrepress Editors

New premises offer Manbat room for growth

After 13 years at its current headquarters in Shrewsbury, Manbat has moved to a substantially larger site. The shift to a new headquarters has seen the UK’s largest battery distributor move a full 500 yards along Lancaster Road; Manbat says the new side provides sufficient room for its ongoing expansion plans.

8th July 2011/by Tyrepress Editors

Work starts on Mitas US plant conversion

On June 30 a groundbreaking ceremony was held to mark the start of work to convert the former Winnebago Industries factory in the US state of Iowa into a production site for Mitas agricultural tyres. A number of civic representatives attended the ceremony in Charles City, which was hosted by project leader Vladimir Dusanek, vice-president of Mitas Tires North America.

7th July 2011/by Tyrepress Editors

Birla to combat financial pressures with expansion, management restructuring

After ending the 2010-11 financial year with a net loss of Rs 2.1 billion (£29.1 million), India’s Kesoram Industries has announced its intention to restructure the management of its Birla Tyres business unit and increase its focus on passenger car and two-wheeler tyre production. In a statement, Kesoram director (and daughter of company head Basant Kumar Birla) Manjushree Khaitan said “the company is hopeful of rebounding this year as it is in the process of putting in a recovery plan in place which includes among other things a strong management team for the tyre division, higher capacity utilisation, a more aggressive marketing policy and a change in the product mix towards high margin passenger car and two-wheeler tyres.”

6th July 2011/by Tyrepress Editors

National Tyres adds 10 Broadway branches to its network

National Tyres reports that it has added 10 branches to its network this month as part of the company’s expansion strategy. According to National Tyres and Autocare, the 10 new branches are a group acquisition from Broadway Retail Ltd.

“This is a very exciting development for National Tyres and Autocare,” said chairman Alan Revie: “It is a testament to the strength and professionalism of our business that we are able to expand at a time when so many retailers are contracting. It also represents a significant acceleration of our growth plans, having already added eight new branches to our network in the last 12 months alone.”

5th July 2011/by Tyrepress Editors

Mixer manufacturer Carter International discusses expansion plans

Since being relaunched in its present trading format eight years ago, Rochdale-based Carter international says it has evolved into a “leading manufacturers of mixing room machinery” and other tyre manufacturing products; the upwards curve in the company’s development has led to the organisation’s current plan to relocate to a greenfield site. Carter says its “ongoing success in a highly competitive market” has encouraged the company to improve its manufacturing and operational facilities for greater “professionalism and efficiency”.

4th July 2011/by Tyrepress Editors

Halfords Autocentres to use Cam Systems e-commerce platform

Cam Systems has announced that Halfords Autocentres has signed an e-procurement agreement with the software provider, as it continues to develop its growth strategy. Halfords announced a proposed expansion of its network to 400 sites in May. Cam says the MIDaS-based platform will provide transactional interaction with Halfords’ wholesale suppliers to streamline its tyre buying processes.The system will also allow consumers to view product prices online in coordination with Halfords’ own B2C web facilities.

29th June 2011/by Tyrepress Editors

Mining sector demand driving Bridgestone’s off-road business

Within the United Kingdom the off-road tyre market is dominated by the mining sector and it is no secret that Bridgestone has safely the largest presence here. When Tyres & Accessories spoke with Bridgestone UK’s OTR sector product manager Barry Coleman recently, he confirmed that current industry data places Bridgestone as clear UK market leader in the OTR/EM tyre segment and added that the company’s particular strength within the segment is in the rigid dump truck business. Bridgestone’s tyre portfolio for these 100 tonne plus vehicles includes sizes up to 3700R51 in the UK.

28th June 2011/by Tyrepress Editors