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.
Nationwide Accident Repair Services has opened a new Nationwide Fast Fit Plus centre in Redruth, Cornwall. It follows the company’s two Fast Fit Plus pilot centres in Kettering and Leicester. Fast Fit Plus centres offer tyres, MOTs, servicing and all other traditional fast fit options alongside the automotive body and glass repairs for which Nationwide says it is the UK’s market leader.
Hercules Tire & Rubber Co has introduced its Ironman tyre brand for OTR and agricultural applications, reports Tire Review. The new line conforms to European REACH standards, and is now available worldwide.
Klarius Group has appointed Heloisa Monzani as commercial Ddrector for Quinton Hazell España to help ensure the company’s ambitious plans are realised for the automotive aftermarket. With a wealth of commercial insight drawn from management roles working with major international companies and over 12 years management experience in the European automotive aftermarket, Ms Monzani is now a key member of the international management team and has been given the explicit task of driving a highly customer focussed growth strategy in the Iberian region.
Toyo has announced three out of the four vehicles to be displayed on its stand at SEMA in Las Vegas. The Toyo Tires Ultimate Ride Sweepstakes custom Dodge Durango, the 2011 Ford F-150 Raptor by Street Concepts, and the BMW 5 Series based WALD F10 Black Bison will all feature, shod with the manufacturer’s rubber. Attendees visiting Toyo’s booth will also have the chance to win one of its special vehicles.
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Sri Lanka’s Global Rubber Industries, manufacturer of the Globe Star, Ultimate XT, Peak Master, Performer and Air Ryde brands, has opened its second plant. The US$6 million facility, which has the capacity to produce 400,000 solid industrial and press on band tyres a year, was declared operational on September 8.
US based private equity fund Transportation Resource Partners, who focuses on investing in growth-oriented businesses in the transportation sector, has entered into a partnership with Tire Group International, Inc. and the McLarty Companies, who are active in the transportation and automotive retail and distribution sectors. While financial details of the deal between the tyre wholesaler, McCarty and the $245 million private equity fund have not yet been disclosed, Tire Group International CEO Tony Gonzalez says he is positive about his company’s joint future with its new partners.
China-based nano-precipitated calcium carbonate manufacturer ShengdaTech, which in August filed for bankruptcy under Chapter 11 of the US Bankruptcy Code, reports the resignation of a member of its Board of Directors, Mr. Dongquan Zhang. The resignation took effect on October 8; at the same time, Zhang effectively resigned as a member of all standing ShengdaTech committees. The remaining members of the company's Board of Directors are A. Carl Mudd and Sheldon B. Saidman.
Michelin has introduced a range of online tools for its US market consumers; these new additions to its michelinman.com website, the tyre maker comments, will make “the complicated and somewhat confusing process of tyre buying easier and more enjoyable.” The online tools include the Team Michelin Tire Selector Tool, a tyre selection guide based upon performance preferences rather than the standard year-make-model approach; Team Michelin Experts, which involves “face-to-face” advice from Michelin tyre experts; User Tire Ratings and Reviews, an archive of more than 12,000 user reviews; Tires 101, a resource the company says even non-Michelin tyre owners will find useful; and “Call Me Please”, which enables site users to arrange a call from a Michelin Certified Product Expert to discuss their tyre needs and answer their questions.
SKF received the NAPA “Excellence in Quality” award at the recent 2011 NAPA Supplier Summit in Atlanta in the US. The award recognized SKF for quality in all areas of its business. “It gives us great pride to receive the ’Excellence in Quality‘ award from NAPA,” said Mike McGrath, president of SKF. “We are pleased to know that our distribution customers and end users recognize the value of SKF premium quality products in the aftermarket.”
The US Department of Commerce named the Specialty Equipment Market Association, or SEMA, as one of the five recipients of its Market Development Cooperator Program (MDCP) for 2011. As a result, the trade association will receive US$500,000 in matching funds over the next three years to support US manufacturers that export automotive specialty-equipment products to booming emerging international markets. The grant is intended to stimulate US exports of specialty-equipment products as part of the Administration's National Export Initiative, which aims to double US exports by 2014 in support of several million US jobs.
Retreaders and retread sellers in the US state of Michigan may be forced to perform the tyre industry equivalent of cleaning up dog doo from the front lawn – even though someone else’s puppy left the mess. A new Bill introduced into the Michigan House of Representatives recommends imposing a US$5.00 fee upon every retreaded tyre sold by a retailer within the state, with the funds generated by this fee used for the “cleanup of roadside waste from deteriorated retread tyres” and other recycling and littler cleanup.
Some may dismiss British cuisine with a smirk and a lazy, generalising sweep of the hand, yet should they sample the wares featured in the Michelin Guide Great Britain & Ireland 2012, they’d quickly learn many such gastronomic assumptions simply aren’t worth their salt. A new edition of the guide was launched today, and for the first time ever its listings include a two-star British pub.
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Two new sizes have been added to Trelleborg’s TM600 agricultural radial range. With the addition of these new fitments – 480/8050 159D and 520/85R46 158A8 (158B) – the TM600 line-up now includes 29 sizes from 20 to 50 inches. Trelleborg comments that both new additions “demonstrate all the superior characteristics of the tyres within the TM600 range, including its unique TM range tread pattern that optimizes performance.”
The sales and EBITA guidance issued by Titan International on May 19 has been revised, with increases made to both figures. In a September 28 press release announcing these alterations, Titan chairman and CEO Maurice Taylor stated: “Agriculture is booming, mining is hot and construction is rebounding.
In the nine months since Michelin launched its new service option for US-based commercial vehicle operators, network coverage has increased by almost 70 per cent. The tyre maker reports that some 200 locations have been added to the Michelin Commercial Service Network in this time. Alongside this growth, Michelin says it has beefed up its ONCall Emergency Road Service (ERS); the tyre maker reports the ERS network now handles a projected 80 per cent more events this year than it did in 2010.
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