GRI celebrates factory anniversary by launching 100 new sizes
On 25 January 2019 GRI celebrated the first anniversary of the opening of its specialty tyre manufacturing facility, with the release of over 100 tyre sizes.
Industrial Tyres
On 25 January 2019 GRI celebrated the first anniversary of the opening of its specialty tyre manufacturing facility, with the release of over 100 tyre sizes.
Titan International, Inc. has received an additional settlement put option notice From OEP 11 COÖPERATIEF U.A. (OEP), an affiliate of One Equity Partners, one of the three shareholders of Voltyre-Prom, of its exercise, effective 8 January 2019, of the settlement put option with respect to its holdings in Voltyre-Prom, pursuant to the Voltyre-Prom Shareholders’ Agreement.
The Russian Direct Investment Fund (RDIF) has informed Titan International of its wish to relinquish its shareholding in agricultural and industrial tyre manufacturer Voltyre-Prom. The Kremlin-backed sovereign wealth fund, which acquired the tyre maker together with Titan and private equity firm One Equity Partner in 2013, shared its intention via its exercise on 14 November of the settlement put option included within the Voltyre-Prom Shareholders’ Agreement.
Magna Tyres Group has launched the Magna MA02 Scraper. According to the company, this tyre is explicitly designed for scrapers and graders and will make the groundwork for all your projects as effortlessly as it possible can be.
GRI has launched a new website featuring improved menu functionality and a responsive layout, making it easier to navigate on a wide range of web browsers and multiple devices.
The Trump administration upped the ante once again in the ongoing trade war between the USA and China on 18 September with the introduction of tariffs on all US$200 billion of imports including basically all categories of tyres, retreads and inner tubes. At President Trump’s direction the additional tariffs will initially be set at 10 per cent and will take effect on 24 September 2018. However, as of 1 January 2019, the level of additional tariffs will increase to 25 per cent.
East of England-based tyre wholesaler RH Claydon has expanded its business with the acquisition of agricultural, industrial and specialist tyre wholesaler Unity Tyre.
The first STARCO Alptrak released 10 years ago was designed for traction on turf and other terrain. Back then, nobody had foreseen that this pattern would be later tested for the Saudi Arabian market, together with STARCO’s key customer Avant Tecno. Both jointly developed the Alptrak for desert use.
“Our machines are initially not designed for sandy conditions like in Saudi Arabia. However, we have learned that by adjusting the wheel and tyre solution, we can make our multipurpose loaders perform just as well in sandy conditions, as they do in snow, mud or on dry surfaces,” explains Raul Tsili, Purchasing Manager at Avant Tecno.
GRI has been in partnership with First Industrial Tyres (FIT) for over 10 years where the two companies have worked together in the aftermarket distribution of GRI material handling tyres in the UK. Now that FIT has expanded into Eire with operations in Dublin, so has the GRI distribution deal.
Loadstar was founded by a Belgian investor and Jinasena, a Colombo-based engineering group. The firm has a plant in Ekala, north of Sri Lanka’s capital Colombo.
The business was renamed Camso Loadstar in 2015.
It was the threat of a spark that sparked an ingenious solution. During an on-site customer visit some three years ago, a team from Camso observed a problem plaguing the materials handling industry – and realised they already possessed a potential solution. This solution is now on the market, and Camso considers it a game-changer.
GRI Tires has announced the appointment of a new chairman and a new CEO.
Harris Premaratne was appointed as GRI’s chairman with effect from the 29 March 2018. A veteran banker, Premaratne’s appointment is intended to help take GRI to a “leading position amongst global specialty tyre manufactures”.
The concept is beautiful in its simplicity – listen to customers and respond quickly to their needs. For many companies, this is easier said than done. Not so for Magna Tyres Group. The Netherlands-based earthmover and off-highway tyre specialist maintains short decision-making paths and prides itself in its flexibility. For Michael de Ruijter, these qualities reflect the Magna Tyres culture of “doing things our own way.”
Michelin announced today that it is in exclusive discussion with the main shareholders of the Camso Group for the acquisition of all outstanding shares in the Canada-based off-highway tyre specialist. It intends to issue a detailed communication on the matter “in due time” according to the outcome of the current discussions.
On 29 June 2018, Trelleborg inaugurated its new European logistics hub for material handling and construction tires and its new Benelux commercial office in Evergem, Belgium. The new premises consist of a 10,000 square metre warehouse along with offices to house the Benelux commercial office for Trelleborg Wheels Systems. Holding more than 70,000 tyres in stock, Trelleborg Wheel Systems can serve its European warehouses and key customers in the region from this facility on a JIT basis.
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