Magna Tyres Group has received OEM approval from Noell Mobile Systems, part of Terex Port Solutions, for its newest port handling tyre – the 16.00R25 Magna M-Straddle. With this approval, Noell Mobile Systems confirmed that this tyre can be fitted on Terex Noell Straddle Carriers. This acknowledgement means Magna Tyres will supply Terex a significant part of its annual straddle carrier tyre requirements in 2014 and thereafter.
Magna Tyres Group and tyre wholesaler Profil Plus have announced the establishment of a strategic relationship. The agreement, which begins in November 2013, relates to distribution and servicing of the Magna OTR tyre brand in France.
US-headquartered OTR tyre specialist Eurotire reports that its OTR radial facility in Drobeta Turnu Severin, Romania has been granted several management systems certifications through IQNet and CISQ/RINA.
Mitas AS has will continue to be able to produce Continental-branded tyres under licence until the end of 2019, following an extension of the company’s trademark licence for an additional five years. Mitas acquired the agricultural tyre business unit from Continental AG in 2004 and is currently producing Mitas- and Cultor-branded tyres as well as Continental tyres under licence.
The Tire Repair & Information Bureau reports that US-based company Tesco Italmatic LLC has signed an exclusive agreement with Germany’s Steinbichler to sell and service the company’s passenger car, light commercial vehicle, truck, aviation and OTR shearography machinery in the Americas. Tesco Italmatic is said to be “excited” to supply the retreading industry with the Steinbichler range.
Bridgestone Americas has added a new radial tyre, the V-Steel Super Deep Rock (VSDR), to it portfolio of mining tyre products, Tire Review reports.
Commercial and OTR tyre service equipment manufacturer Esco has launched a new tyre runout gauge.
Kings Road Tyres has adapted its brand strategy to meet customer needs in 2013, saying the key to success in demanding market conditions is to meet the changing needs of trade customers. With this in mind, the wholesaler has recently launched new distribution deals with Chinese OTR manufacturer Tianli, and with Luxembourg-based construction and industrial pneumatic tyre supplier, Maxam.
Titan International has announced the closing of its offering of $400 million aggregate principal amount of 6.875 per cent Senior Secured Notes, due 2020.
Titan intends to use the net proceeds from the offering to finance the purchase of the Company’s 7.875 per cent Senior Secured Notes due 2017 validly tendered pursuant to a tender offer and consent solicitation which it commenced on September 23, 2013, and to pay all consent payments, accrued interest, costs and expenses associated therewith.
AM Bromley has unveiled a new OTR (off the road) Tyre Monitor System that utilises telematics technology to provide cost-savings as well as safety and tyre life improvements. Developed in collaboration with ENAiKOON, the global leader in telematics communications, the new system combines AM Bromley’s Tire Monitor System (TMS) with ENAiKOON’s advanced tracking software to deliver an integrated system that offers real-time, anytime reporting for large off-road vehicles.
Maxam Tire, the Luxembourg-based manufacturer of industrial, construction and OTR radial tyres, has announced a key appointment to its management team. Peter Kraus (47) joined the company at the beginning of September as business development manager for Germany, Switzerland and Austria, responsible for the entire Maxam product range.
AIMEX, the Asia-Pacific International Mining Exhibition, is one of the most important shows of its kind in the world. Held recently at the Sydney Olympic Park, this year AIMEX attracted over 650 exhibitors and more than 12,700 visitors.
Over the last decade or so Continental has focused heavily on its automotive businesses, and with an annual turnover of 32.76 billion euros it today ranks as the world’s third largest automotive supplier (behind Denso and Robert Bosch). But now the pendulum is swinging the other way. During a recent press conference, Nikolai Setzer outlined the company’s current strategy of investing into non-automotive areas in order to balance Continental’s footprint. The Tire division head also said investment is being undertaken to reduce vulnerability to automotive sector downturns.
Michelin has added a pair of new sizes to both its XTXL and XADN+ line-ups. The first of these has been bolstered by two 25-inch fitments, 26.5R25 and 29.5R25. These complement the existing 33-inch sizes in the XTXL range of underground mining tyres. The two XADN+ new additions are also 25-inch fitments, 23.5R25 and 26.5R25. These join the 29.5R25 quarry tyre introduced last year.
Liverpool’s Kirkby Tyres continues to promote Double Coin truck and bus radial tyres, having been sole UK and Ireland importer for more than 20 years. This year the wholesaler made the Chinese manufactured brand the focal point of its presence at the Birmingham NEC’s Commercial Vehicles Show, and Kirkby is convinced that it was “an overwhelming success” for Double Coin.
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