Nokian Tyres completes Dayton, US factory ramp-up
Nokian Tyres has opened a new finished goods warehouse in Dayton, Tennessee, marking the completion of a ramp-up process at the company’s US production facility.
Across the Atlantic they are called tires, while over here we use a “Y” and say tyres. This tag provides the latest tyre business news emanating from the United States of America (USA), whichever way you spell it.
Nokian Tyres has opened a new finished goods warehouse in Dayton, Tennessee, marking the completion of a ramp-up process at the company’s US production facility.
Enso reports that it has signed a Letter of Interest (LOI) with the Export-Import Bank of the United States (U.S. EXIM Bank) to establish a groundbreaking carbon-neutral tyre factory in America. The move is being made in conjunction with Rockwell, Arup and US-based investors 8090 Industries as well as Galway Sustainable Capital.
Michelin has named Matthew Cabe as president and chief executive officer of Michelin North America, effective 1 October 2024. He succeeds Alexis Garcin; Michelin says it will announce Garcin’s next position within Michelin “at a later date.”
With the opening of its California technical centre, Kordsa reports that it has established three technical centres on three continents within a year.
The U.S. Department of Commerce has announced preliminary findings in its investigation into whether truck and bus tyres imported from Thailand are selling in the United States at unfairly low prices. This comes after the USA saw a significant increase in these tyre imports, which more than doubled in quantity over two years, reaching a value of US$1.46 billion in 2022.
During a recent tyre recycling event held in the USA, the U.S. Tire Manufacturers Association (USTMA), in collaboration with the Tire Industry Association (TIA), announced the establishment of the Tire Recycling Foundation. This new initiative aims to secure funding and allocate grants for research, education, intervention, and demonstration projects, addressing critical knowledge and research gaps within the US tyre recycling supply chain.
Cosmo Tires, the private label brand exclusively distributed by Tire Group International (TGI), hosted its second annual Car & Truck Show, dubbed “Kool Kat Ambush” at its 200,000 square foot facility in Miami, Florida.
The United Soccer League (USL) and the clubs it represents across the United States of America now have a tyre tie-in. The USL recently entered into a multi-year partnership with California-based Prinx Chengshan Tire North America (Prinx Tires), naming the company the league’s first Official Tire Partner.
BKT will display its Earthmax OTR tyre range on booth 3865 at the Las Vegas Convention Center when it hosts WasteExpo, the global trade show for the recycling industry, from 7-9 May. The show is North America’s largest trade show that focuses on solid waste, recycling, organics, food waste recovery, and sustainability. “WasteExpo provides an important opportunity for BKT to share our offerings with North America’s solid waste and recycling industries,” says Chris Rhoades, vice president OTR at BKT USA.
Leading carbon solutions manufacturer Birla Carbon is participating in the American Coatings Show 2024 (Indiana Convention Center, Indianapolis, United States 30 April-2 May, 2024; booth number 1648). Birla Carbon said the show will help showcase Birla Carbon’s performance-grade carbon black solutions while promoting sustainability and circularity at scale. It will also bring together experts and professionals from the coatings and paint industry to discuss the latest trends, technologies, and innovations in the industry.
With Max Verstappen seemingly unstoppable, and already a two-time winner in Miami, Formula 1 exclusive tyre supplier Pirelli has found one way to bring some novelty to the podium at the Miami grand prix. Whichever three drivers take to the podium, they will wear a special edition of the Podium Cap Pirelli supplies to the top three finishers and the representative of the winning team. Pirelli says the turquoise cap is inspired by the waters that border the city’s beaches, featuring a stylised palm tree and the stars and stripes of the United States flag.
TBC Corporation (TBC) has named Don Byrd its next president and chief executive officer. He will assume this role with the North American replacement tyre distributor on 1 May 2024, succeeding Sam Kato, who will return to TBC shareholder Sumitomo Corporation.
Maxxis is a GM Supplier of the Year for an eighth consecutive year. GM recognised the tyre maker at an event honouring the company’s top global suppliers for 2023.
Kumho Tire USA reports that Kumho has become the official tyre of Formula Drift as a major sponsor of the Formula Drift Pro Championship. “As an ‘Official Tire of Formula Drift,’ this will provide a national footprint to elevate the brand in the United States, reaching millions of motorsport enthusiasts,” said Shawn Denlein, president of sales and marketing, Kumho Tire USA.
Electric vehicle (EV) owners are reporting faster tyre wear rates than they experience on internal combustion engine (ICE) vehicles. And that’s leading to a widening satisfaction gap between original equipment tyres and electric vehicles (EVs) and ICEs, according to the J.D. Power 2024 U.S. Original Equipment Tire Customer Satisfaction Study, released at the end of March. The study shows that EV owners have similar expectations of tyre wear as do owners of ICEs, despite EV tyres wearing faster due to greater vehicle weight and higher torque.
If you would like the latest news from the Chinese tyre industry in Chinese, visit our partner site TyrepressChina.com. Or click below to continue on Tyrepress.