Tire Business - Tire Industry News, Manufacturing News & Analysis
WEBMilwaukee Tool opens new Mississippi plant. Milwaukee Tool has opened its newest manufacturing plant, a $60 million, 500,000-square-foot-plus facility in Grenada County, Miss., that will employ more than 800 people. News.
Global Tire Report - Tire Business
WEBTire makers commit more than $6.5 billion to capex spending. Of the $6.5 billion tracked, more than 40% — $2.85 billion — is earmarked for projects in North America and 15% for Europe. Global Tire Report.
Tire Wholesalers Inc. moving to new HQ, warehouse
WEBFeb 22, 2022 · Tire Wholesalers Co. Inc. is expected to move into this 275,000-sq.-ft. warehouse in Oak Park, Mich. TROY, Mich. — Tire Wholesalers Co. Inc. (TWi) expected to move out of its Troy headquarters before year-end into a new warehouse/distribution building under construction in Oak Park, Mich., with more than double its current footprint.
Goodyear to invest $125M at Kansas truck/OTR tire plant
WEBSep 26, 2022 · TOPEKA, Kan. — Goodyear is planning to invest $125 million over five years to modernize production of truck and OTR tires at its 77-year-old tire plant in Topeka, according to Kansas Gov. Laura Kelly. The modernization program will create 40 new jobs at the factory, which employs 1,600 currently. Kelly disclosed the investment during a "Prosperity on the Plains" tour promoting economic ...
India start-up to buy U.S. distributor Tyres International
WEBJun 3, 2021 · Tyres International will become the U.S. importer and distributor of Mahansaria Tyres’ Ascenso brand of agricultural and construction tires. CUYAHOGA FALLS, Ohio — Mahansaria Tyres Pvt. Ltd., an Indian start-up company targeting the off-highway tire sector, has struck a deal to buy majority control of U.S. tire distributor Tyres ...
Mega-merger: Mavis adds 595 locations with TBC deal
WEBJun 16, 2023 · Tire Business data. The Mavis-TBC deal covers 203 Tire Kingdom Service Center locations in Florida and 392 NTB Tire & Service stores in the mid-Atlantic, Midwest and South, including Texas, expanding Mavis' retail holdings to nearly 2,000 stores across 25 states. This deal is the second such transaction between TBC and Mavis in …
Steve Shannon Tire opens first retread plant
WEBDec 30, 2021 · BLOOMSBURG, Pa. — Steven Shannon Tire & Auto Centers has ventured into retreading to support its growing truck-tire business and is working exclusively with Pre-Q Galgo Corp. as its tread rubber supplier. The dealership built a 9,000-sq.-ft. facility near its Bloomsburg headquarters to house the retread production.
Tire Business ranks Top 75 global tire makers in 2022
WEBAug 26, 2022 · The average sales per employee for the 24 publicly traded companies that provided employment data was $216,028, up 12.6% from the 2021 figure. Nokian Tyres P.L.C. had the highest sales per employee at $412,228, ahead of Toyo Tire Corp. at $347,259 and Balkrishna Industries as $336,327. The 37th annual Global Tire Report rankings, based on 2021 ...
U.S. AutoForce buys Treadmaxx Tire - Tire Business
WEBOct 14, 2021 · U.S. AutoForce is a division of U.S. Ventures, a Wisconsin-based diversified distributor of petroleum and renewable energy products, lubricants and tires and parts for the automotive aftermarket.. Treadmaxx is the former wholesale business segment of Kauffman Tire Inc. It became an independent entity in 2018 when Mavis Discount Tire Inc. acquired Kauffman's retail business.
Michelin, Bridgestone, Goodyear top tire makers again - Tire …
WEBAug 25, 2023 · The first change comes at No. 12, occupied this year by China's Sailun Group Co. Ltd., based on fiscal 2022 revenue of $3.29 billion. Group Michelin retained the No. 1 ranking with tire-related revenue of $28.3 billion, comfortably ahead of No. 2 Bridgestone's estimated tire-centric total of $26.6 billion. Goodyear — with a full year of ...