King Country Retread of Friona, Texas, USA has joined the Marangoni Tire North America (MTNA) family of independent retreaders and will be offering Marangoni’s signature brand Ringtread throughout Texas, Oklahoma, and New Mexico. The King Country Retread plant has a capacity of over 30,000 retreads a year.
Carlisle-based tyre sales operation Technology Sinon UK Limited, the name of D Mack Global Limited since 19 December 2018, has entered administration with debts totalling more than £14 million pounds, according to its administrator Leonard Curtis. The company, which operated within the DMACK group of companies, was a supplier of tyres to the World Rally Championship from 2011, running its own team in the championship in association with M-Sport, until 2017. Shares in Technology Sinon UK are split between director Dick Cormack (70 per cent), a former Pirelli manager who set up the business in 2011, MEMW Management Limited (25 per cent), and Glenn Paterson (5 per cent), who has left the company after holding a variety of roles within the firm. The administrator reports that, as of 14 May, Technology Sinon UK owed just over £13 million to its list of creditors. Dmack brand rally tyres continue to be manufactured by DMack Srl, formed by Dick Cormack in 2018 when a deal was struck with Marangoni for operations to begin at the Italian tyre manufacturer’s plant in Rovereto.
Marangoni Retreading Systems has expanded its Ringtread business in the Benelux countries. The Italian retreading specialist has entered into a partnership with Kargro Group company Tyre Plan Europe, signing an exclusivity agreement for the use of Marangoni’s retreading technology in the region. Tyre Plan Europe BVBA was established in 1988 in Kalmthout, Belgium and until recently operated as a Bandag franchisee. The newest partner in the Ringtread business has developed into one of the region’s largest pre-cure retreaders over the years.
Marangoni representatives have confirmed that, following the corporate reorganization that released Marangoni Meccanica from Marangoni group, TRM (Tyre Retreading Machinery) will remain part of the Marangoni Group. According to the company, this means TRM acquires “greater freedom of action”.
On 1 July 2019 Marangoni Tread North America Inc. announced that PRIDE Enterprises in Avon Park, Florida is now part of the Marangoni Ringtread network.
On 12 June 2019 a delegation of 30 bus company managers from all over Hungary attended a Marangoni Ringtread presentation hosted by Énykk at their headquarters.
Marangoni has spun off its Meccanica, which designs and manufactures tyre-making equipment. According to a company statement received on 14 June 2019, Marangoni Meccanica has now, therefore, been separated from the main body of the Marangoni Group.
With the launch of its latest range of pre-cure treads, Marangoni Retreading Systems has fully integrated its European product lines. The new range only includes two brands – PRL and Unitread – and Marangoni says this will lead to a “significant reduction of the complexity previously caused by product overlaps.”
Marangoni Tread North America (M.T.N.A.) is preparing for a change of leadership. Bill Sweatman, the company’s president and chief executive officer, will retire on 1 May and be succeeded by Clif Armstrong.
Marangoni’s Ringtread retreading process doesn’t yet have a sizeable footprint within India’s large commercial vehicle sector, but it is growing. The Marangoni GRP Private Limited (MGPL) joint venture that was established in late 2015 recently took on its fourth franchise partner in India. Marangoni says it is also progressing with plans to add a further four franchise partners.
This week a meeting took place at Italy’s Ministry of Economic Development to discuss the future of the workforce and production at the Marangoni S.p.A. plants in Rovereto and Ferentino. The meeting was attended by representatives from the retreading specialist, local government, trade unions and Italian bank Medio Credito Centrale.
The Vipal agreement, the Dmack project, the political storms, the ever-changing retreading market. Vittorio and Giuseppe Marangoni, president and vice president of the Italian Marangoni Group, talk about these industry-related topics and more in an interview with Tyres & Accessories.
The Marangoni Group has acquired a majority shareholding, 51 per cent, in the South African tread maker Leader Rubber Company SA (Pty) Ltd. The move is the latest development in the decade-long partnership between Leader Rubber and Marangoni. The Italian company acquired a 25 per cent share in the company in 2015, a move it described as the “culmination of a partnership that has been ongoing for several years.”
Marangoni Tread North America is adding capacity to manufacture its XP Extreme Performance wide base Ringtread in the US – specifically at its tread manufacturing plant in Tennessee. According to the company, the move is being made to meet business demand from independent retreaders, Marangoni is expanding.
Marangoni Spa and Borrachas Vipal SA have announced that the two retreading material suppliers have entered into a partnership agreement aimed at “increasing the synergies and productivity, strengthening the industrial and commercial organisation of both groups”. Details of precisely what this means are still scarce but, according to a statement issued by Marangoni, this will lead to the creation of “the largest global independent player in the tyre retreading sector”.
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