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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.

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Kumho takeover implosion isn’t the end of market consolidation attempts

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No I am not talking about the unqualifiable rumours that Doublestar made an offer of up to 250 million euros for Zenises. Rather, that in the first week of September we learnt that Doublestar’s proposed acquisition of Kumho was collapsing before the firm’s eyes after the Qingdao-Chinese tyre manufacturer asked for a double-digit discount. And it is also worth considering what all this means for the wider tyre manufacturing sector.

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Related news:

  1. Giti enters the top 10 of leading tyre manufacturers
  2. 2015 tyre manufacturer rankings: Stability at the top?
  3. 4×4 or SUV tyre sector?
  4. Triangle returns to China car tyre top 10, Michelin retains top spot
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SimpleTire.com – America’s 2nd largest tyre etailer in just 5 years

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Blackcircles.com CEO Mike Welch left the employment of the company he founded in August 2017. Since then he has joined the board of SimpleTire.com, a fast-growing, US-based online tyre business. Meanwhile he also remains a consultant to blackcircles.com. Tyres & Accessories recently caught up with the well-known tyre entrepreneur to find out more about his latest venture.

SimpleTire.com is the brainchild of brothers Andy and Josh Chalofsky. Andy has been in the tyre business since he was a teenager and started out in the warehouse of his family’s brick and mortar tyre business. From here he worked his way up and took over a subsidiary tyre business after graduating college. In 2012, he started building the foundations of what is now SimpleTire.

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Related news:

  1. Michelin COO Florent Menegaux explains the thinking behind this year’s investments
  2. Apollo Tyres opens €475 million greenfield Hungarian plant
  3. Michelin website selling tyres directly to consumers in Europe
  4. Tariff time again, but will they make a difference?
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Michelin fighting alleged BFGoodrich patent infringement

On 26 September, Michelin North America, Inc., filed suit against Tire Mart Inc., doing business as Braven Off-Road, alleging the company has infringed a design patent covering the BFGoodrich Mud-Terrain T/A KM2 tyre.

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Related news:

  1. Warehouse expansion at BFGoodrich tyre plant
  2. $100M investment on the cards for BFGoodrich tyre plant
  3. Michelin expands US online tyre retail trial
  4. Michelin files suit against Chinese-made BFGoodrich “imposter”
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Giti Tire: Newly-commissioned factory supplying demand for ‘made in America’ tyres

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Production at Giti Tire’s newest factory began in September, and yesterday the tyre maker welcomed two parties who played a role in bringing the US$560 million plant to the USA. Henry McMaster, Governor of South Carolina, and Greg Foran, president and chief executive officer of Walmart US, toured the 1.7 million square foot facility in Richburg, South Carolina and celebrated its inauguration.

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Related news:

  1. Groundbreaking held for Giti Tire’s US plant
  2. USTMA admits Giti Tire as member; Enki Tan joins Board of Directors
  3. Michelin to open Tweel factory this week
  4. Sentury Tire chooses SSOE for US plant design
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Goodyear receives US military Silver supplier status

The Goodyear Tire & Rubber Company has been selected as one of the Defense Logistics Agency’s (DLA) Superior Suppliers for 2017. The award recognises military industry partners who demonstrate exceptional performance supporting DLA, America’s combat logistics support agency, and deliver high quality products to the US military and its contracted agencies.

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Related news:

  1. Goodyear reaches military employment target early, makes new pledge
  2. Goodyear retains ‘military friendly’ status
  3. Goodyear wins US Secretary of Defense award
  4. Goodyear sponsors Pro Football Hall of Fame: video
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Cooper reaching 10,000 US students in October via ‘Dream It. Do It.’ programme

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Cooper Tire is to mark its third year as a member of the National Association of Manufacturers’ (NAM) and Manufacturing Institute’s (MI) Dream It. Do It. programme, connecting with more than 10,000 students for Manufacturing Day (MFG Day) events throughout October. Cooper will focus on the communities where the company has major facilities—Findlay, Ohio, Texarkana, Arkansas, and Tupelo, Mississippi. The company will also host its own Cooper Manufacturing Experience events, planned by the company’s Dream Team, a group of 40 employees from across Cooper who work with students year-round to educate and improve the image of careers in manufacturing. With such initiatives Cooper states that it hopes to help strengthen the future workforce pipeline.

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Related news:

  1. Cooper Tire Tupelo, Clarksdale plants gain environmental quality recognition
  2. Kumho’s US plant nearing completion
  3. Goodyear racks up 60 years of NASCAR tyre supply
  4. Dunlop Aircraft Tyres announces North Carolina as preferred site for US plant
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Harvey Brodsky dies

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Harvey Brodsky, the former managing director of TRIB and founder of RTA, died on 17 September following complication from lung cancer. Brodsky had been diagnosed in March and given two to three weeks to live, but fought the illness for another six months.

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Related news:

  1. TRIB rolls out redesigned website
  2. Collmann Joins TRIB
  3. Tyre Retreading Company Ltd Joins TRIB
  4. Label Maker Joins TRIB
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Nokian breaks ground on new North America factory

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Nokian Tyres marked the beginning of building work on the company’s third factory on 20 September. The new greenfield site is located in Dayton (Rhea County), Tennessee, USA. Annual capacity will be 4 million tyres, with expansion potential in the future. The site will also house a distribution facility with a storage capacity of 600,000 tyres. Construction is scheduled to begin in early 2018 and the first tyres are to be produced in 2020.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. Giti to build $560 million US tyre plant
  2. Georgia selected as location for $500 million Sentury Tire US factory
  3. Nokian to invest $360 million in new US tyre factory
  4. Sentury internationalising with US tyre factory investment
/by

Goodyear appoints chief marketing, digital officers for North America consumer business

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The Goodyear Tire & Rubber Company has appointed Mike Dwyer as chief marketing officer and Mike Dauberman as chief digital officer in its North America consumer business. Both appointments are effective immediately; both will report to Scott Rogers, who was recently named president, North America consumer.

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Related news:

  1. Goodyear appoints new HR leadership
  2. Andy Marfleet appointed Goodyear Dunlop marketing director UK
  3. Todd Hershberger Named Hankook Sales VP
  4. Cooper Tire names new North American president
/by

TIA urges congress to cover hurricane Irma relief bill

The Tire Industry Association and members of the Work Opportunity Tax Credit (WOTC) Coalition will lobby Congress to apply WOTC to natural disasters that will cover powerful hurricanes like Harvey and Irma.

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Related news:

  1. Falken veteran sales VP retires, executive roles shuffled
  2. TGI appoints African development manager, new strategic accounts VP
  3. Toyo USA promotes Roy Bromfield to president and CEO
  4. TIA: New president, BKT’s Poddar inducted into Hall of Fame
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Toyo USA promotes Roy Bromfield to president and CEO

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Toyo Tire U.S.A. Corp. (TTC) has promoted Roy Bromfield to president and chief executive officer. In this role, he is responsible for all product categories of Toyo-branded business in the US replacement market.

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Related news:

  1. TIA elects John Evankovich as secretary
  2. Magna Tyres Group expands into North America
  3. Omsk Carbon USA appoints new manager
  4. Toyo Taps Hagan to Head Sales
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Petrol retailers warn of fuel price increases following Hurricane Harvey

Fuel prices in the UK will rise following the devastating impact of Hurricane Harvey on the Texan coast, according to the Petrol Retailers Association. Brian Madderson, chairman of the PRA, explained that UK wholesale prices had increased immediately as the storm hit the region.

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Related news:

  1. £1 a litre fuel “is history” says PRA
  2. PRA argues fuel duty cut for economic boost
  3. ‘Filling stations should be included in rates concessions’ – PRA
  4. Strong sterling protecting motorists – for now
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