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Shandong Yongtai, Treadsetters buy Covpress

Company News, International News, News, UK News

China’s Shandong Yongtai Chemical Group, manufacturer of the Durun tyre brand and the DMack tyres used in the World Rally Championship, and UK tyre wholesaler Treadsetters have jointly acquired automotive supplier Covpress. The two companies are believed to have paid £30 million to buy the Coventry-based firm, which employs around 450 people and manufactures body panels for vehicle manufacturers such as Jaguar Land Rover, Nissan and Renault. Chinese and UK media sources report Shandong Yongtai will hold a 70 per cent stake in Covpress and TIA Group company Treadsetters the remaining 30 per cent.

31st July 2013/12,345 Comments/by Tyrepress Editors

Sunday Times rates Treadsetters and Bandvulc

The Sunday Times has ranked two tyre companies as being amongst the fastest growing exporters in the country. The rankings form part of the International Track 200 Listing supplement in the Sunday Times (sponsored by HSBC Commercial Banking) which ranks Britain's mid-market private companies based on the past 24 months from available accounts. Treadsetters (Part of the TIA Group) was named the 59th fastest growing exporter surveyed. Bandvulc came in 192nd.

16th July 2013/12,345 Comments/by Tyrepress Editors

Treadsetters displays full Torque Tyres range at Autopromotec

Shropshire wholesaler Treadsetters recently exhibited its PCR, UHP, 4×4/SUV and TBR Torque tyre ranges, in addition to its Torque-branded steel truck wheels, at Autopromotec 2013. Its TBR range includes an “anti-abrasive tread for increased mileage,” the wholesaler states, adding that the tyres are especially suited to “mid to long distance journeys on both regional and urban roads.” Torque steel wheels meanwhile are available in sizes between 17.5 and 24.5 inches.

2nd July 2013/12,345 Comments/by Tyrepress Editors

Falken TBR “expanding” in UK & Ireland – Philip White Tyres

Philip White Tyres has been a principal dealer of Falken tyres for over 20 years, and the distributor will continue to supply the brand to customers in the region. The partnership with Falken formed in the early 1990s has seen the development of the Falken brand receive key recognition among the UK and Irish commercial truck & bus market. The distributor says the Sumitomo Rubber Corporation brand has expanded in the territory during the last year on the competing pricing, performance and service benefits it offers, backed by Philip White.

4th June 2013/12,345 Comments/by Tyrepress Editors

Treadsetters to distribute Falken TBR tyres

Tyre wholesaler, Treadsetters has signed a new distribution partnership with Falken. The brand, which is seeking ways of expanding its commercial tyre activity in the UK, will supply truck and bus tyres to the Telford-based distributor.

23rd May 2013/12,345 Comments/by Tyrepress Editors

Treadsetters 76th in Fast Track 100

Treadsetters (part of the TIA Group) was listed in The Sunday Times 2012 Fast Track 100 Companies, which is jointly sponsored by The Sunday Times and Sir Richard Branson. Treadsetters is placed in 76th position having achieved a 60.51 per cent sales growth since the beginning of the recession in 2008 and are the only tyre company to be named in the report.

7th January 2013/by Tyrepress Editors

Hifly – quality at a competitive price from Treadsetters

Telford-based tyre wholesaler Treadsetters boasts a comprehensive range of ultra high performance brands, including premium and mid-range labels along with 'value for money' budget ranges. In fact, the company says it prides itself on offering dealerships a flexible and versatile tyre selection.

5th June 2012/by Tyrepress Editors

Global growth an ongoing objective at Treadsetters

With current trading partnerships in over 30 countries around the world, Telford-based Treadsetters has established a niche for itself as an international business service provider and wholesaler of tyres and steel wheels. The company bases its success on establishing strong, long-term business partnerships with manufacturers and customers, relationships that extend beyond the sale and include the provision of technical support and advice through the entire life of the tyre.

10th February 2012/by Tyrepress Editors

Treadsetters extends its truck tyre size range

Telford based tyre wholesaler Treadsetters has added a number of sizes to its range of truck tyres as part of the company's continued expansion policy. Eleven new sizes are now available in the following options:

14th October 2011/by Tyrepress Editors

Treadsetters launches Torque truck tyre range

Telford based tyre wholesaler, Treadsetters recently expanded its product portfolio with the introduction of its own truck tyre private brand called “Torque.” This latest addition to Treadsetters’ extensive truck range is designed to complement the already established Hifly range, which is pitched as a 'value for money' tyre along with the Insa Turbo range of retreaded tyres.

26th July 2011/by Tyrepress Editors

Treadsetters celebrates another record year

Treadsetters may not have been the ultimate winner of the HSBC competition (see "Treadsetters mentioned in HSBC annual report") , but it really is true – winning isn’t everything. The company took the opportunity through the competition to focus more on its business direction and the increased awareness that has been generated both internally and externally has resulted in some clearly positive outcomes for the firm. While the final figures for 2010/2011 have not been audited or published, with sales exceeding the £42 million mark, it was clear that the company was going to be at least 20 per cent ahead of its £35 million target for the year”

27th June 2011/by Tyrepress Editors

Treadsetters mentioned in HSBC annual report

Remember how Telford-based tyre wholesale operation Treadsetters beat over 1600 other businesses to the finals of HSBC’s business thinking awards at the end of last year? The firm were regional winners securing a prize of £115,000 reaching the last 18 in the finals in Hong Kong. They may not have won the final overall, but making it to the short list of just 17 companies for the bank’s “International Insights” event in Hong Kong on 5 December is said to have opened up a number of other opportunities. Getting more than a page of coverage in the once of the world’s best-known banks’ annual report isn’t a bad thing either.

Treadsetters features in a full-page photo collage on page 14 of HSBC’s annual report with a short text describing the firm as an example of “creating export opportunities” on the following page. “The journey that [Treadsetters’] tyres make exemplifies the connections that criss-cross the global economy.”

14th June 2011/by Tyrepress Editors

Yokohama Launches Eco Treadsetters Social Network Site

(Akron/Tire Review) Yokohama Tire Corp. has launched Eco Treadsetters, a consumer online social network focused on environmental issues. The site – www.ecotreadsetters.com – provides daily “green: news and forums, “how to” guides, and exclusive interviews with environmentally active musicians.

“This is a content-rich site that doubles as a ‘MySpace-like’ social network,” said Fred Koplin, Yokohama’s director of marketing. “Our goal is to create an entertaining, newsy, socially relevant site. A perfect example is that we’re going to be receiving regular online reports from four recent college grads making a 40,000-mile road trip from Southern California to the tip of South America, all created to promote green living and a sustainable lifestyle.”

18th September 2007/by Tyrepress Editors

Treadsetters Kenya Opens third Bandag Retreading Shop

Leading tyre specialist Treadsetters Tyres Ltd. Kenya, which has been a Bandag Dealer for 15 years, has chosen Kisumu, Kenya as the location for its third Bandag retreading shop.

Described as a busy, lively port and road hub on Lake Victoria, Kisumu is Kenya’s third-largest city, after the capital Nairobi and the port of Mombasa on the Indian Ocean. Treadsetters Tyres chose the location because the town is a major centre on the transport corridor between the coast and Uganda.

12th July 2006/by Tyrepress Editors

Kenyan Partnership For Goodyear

In Kenya, Goodyear has formed a partnership with leading retreader Treadsetters. The new company will be called Goodyear Kenya and will begin operations from its Nairobi HQ in January, dealing in new Goodyear tyres. According to Goodyear Logistics Director Gordon Wilmot, the partnership has been formed to exploit the large market potential.

7th December 2000/by Tyrepress Editors