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.
In disclosures to the Shanghai Stock Exchange, Triangle Tyre Co., Ltd. reports its intention to invest US$580 million in what the company calls its “America Factory Project”. The investment will cover the cost of erecting facilities for producing both passenger car and commercial vehicle tyres.
Growth is occurring at US-based aftermarket alloy rim manufacturer TSW Alloy Wheels. In addition to opening distribution centres in Atlanta and Dallas to complement its headquarters site in California and the planned opening of a centre in Chicago in the coming months, the company has acquired Florida-based specialist Good Roads Auto Systems together with its many wheel brands and a distribution centre.
The Pirelli Calendar is a survivor. While other pin-up calendars from within our industry have long been banished to workshop tearooms to avoid offending customers, Pirelli’s handiwork is hailed as iconic by countless people around the world, including those ignorant of the company’s day job as tyre maker. Followers of this most famous of all corporate freebie calendars eagerly await the launch of a new edition, and today their cup of joy is surely overflowing. At a high-budget event in New York, Pirelli has unveiled next year’s Cal.
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Tim Chaney has taken on the role of vice-president of marketing at Toyo Tire USA Corp., succeeding Amy Coleman, who served as senior director of marketing until her retirement in September.
Cooper Tire’s newest crossover vehicle (CUV), sport utility vehicle (SUV) and pickup truck tyre has been named a New Product Award winner in the tyre and related product category at the Specialty Equipment Market Association (SEMA) show in Las Vegas.
US-based truck service and tyre care chain Speedco now has a new owner following the finalisation of its acquisition by Love’s Travel Stops & Country Stores. Previously owned by Bridgestone Americas, the Speedco network contains more than 52 outlets across the USA; its acquisition means the number of Love’s-operated tyre service and lube facilities climbs to more than 320.
Atturo will introduce its new CV400 commercial van tyre at SEMA (booth 43265, South Hall). The tyre is designed for such models as the Ford Transit and Ram Pro Master, vehicles which have become increasingly popular for all types of urban service and delivery fleets. The segment opportunities have expanded into consumer markets as the modern full size van for camping, luxury conversions and group transportation. Atturo says the extension of its range for this category is a “natural complement to the brand’s dedication to the light truck market segment.”
Groundbreaking has taken place on the new tyre technology centre that Nexen Tire is setting up in the US, and the South Korean company also reports that plans to establish a factory in North America are “in progress.”
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Amongst the first markets to receive Hankook Tire’s Laufenn brand was the United States, the location for the range’s introduction in November 2014. Since then, the brand has enjoyed continued growth, and Hankook Tire anticipates a 143 per cent year-on-year increase in Laufenn tyre sales in the US this year.
Following the news that Tyre Bay Direct entered administration on 25 September, the company has announced that it is now part of Atlas Equipment. According to the company website, “After a short break in operations, Tyre Bay Direct is now fully operational and capable of meeting the usual needs of customers.”
Tyre fitting has been added to the range of services offered by eBay Motors in the USA. As of this week, shoppers in the US who purchase tyres on eBay can opt to have them shipped to a local installation location at no additional cost. Installation can currently be performed at 9,000 sites across the country, and eBay says tyre inventory spans across all major brands.
Michelin has announced its acquisition of Lehigh Technologies, a US-based company that has developed a patented cryogenic turbo mill technology for transforming rubber from end-of-life tyres and industrial goods into materials for new tyres and other products. The acquisition was completed on 13 October.
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A grand opening ceremony has been held for Hankook Tire’s newest plant. The facility, located in Clarksville, Tennessee, is the tyre maker’s first manufacturing site in the United States and the eighth Hankook Tire factory worldwide. The opening ceremony was attended by Tennessee Governor Bill Haslam, United States Representative Marsha Blackburn, Korean Consul General Seong-jin Kim, along with many other prominent state and local officials.
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An electric bus, designed by Californian company Proterra, has broken a world record by travelling more than 1,000 miles on a single charge.
According to a permit issued by a state authority, car tyre capacity at Sumitomo Rubber USA’s plant in Tonawanda, New York will double to 10,000 tyres per day. In addition to its existing production of 5,000 motorcycle tyres per day and 2,000 medium truck/bus tyres per day, this expansion will lift the plant’s annual rubber production capacity to 250 million pounds or 113,400 tonnes.
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