Tire Business - Tire Industry News, Manufacturing News & Analysis
WEBTire makers invest record $13B in capital projects. Tire Business exclusive: Tire makers large and small have budgeted more than $13 billion in the past year toward new factories and capacity expansions. News.
Wholesaler TireHub on 'dynamic trajectory' for future
WEBJul 21, 2022 · TireHub, a tire distribution joint-venture between Bridgestone Americas Inc. and Goodyear, has plans to increase its footprint and deliveries in both current and new markets, according to TireHub CEO Ted Becker.The tire wholesaler's adaptability has put it on a "dynamic trajectory," and it is poised to grow, Becker told Tire Business for its annual Mid-Year Report.
Chinese tire firms eye U.S. revival with Thailand, Vietnam plants
WEBJan 7, 2020 · Wuxi, China-based JGST — which is represented in the U.S. by TBB Tires Inc. of Los Angeles — was preparing to start production in December at a plant in Rayong Province, Thailand, dedicated to truck and bus tires. The plant, built at a cost of $300 million over just 12 months, is designed with capacities of 6 million passenger tires and 1 ...
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.
Icahn Automotive to split into Parts and Service companies
WEBAug 27, 2019 · The net loss quadrupled to $230 million from $51 million in fiscal 2017. PHILADELPHIA — Icahn Automotive Group L.L.C. is splitting into two independent aftermarket "Parts" and "Service" companies to focus better on unique strategies, customers and business opportunities, parent company Icahn Enterprises L.P. announced.
Vredestein takes aim at Tier 1 brands in North America
WEBAug 17, 2020 · Company executives say their strategy includes five key tenets: Unique market, unique strategy: North America is different than all others regions the Vredestein brand serves; Segment-specific approach: Each tire line plays a specific role for a specific customer; Premium pricing: The Vredestein line will be priced as a premium line; Best-in class-profitability: Dealers can expect ...
Mavis acquires Kauffman Tire's retail business
WEBJan 9, 2018 · This is Mavis' second significant acquisition of the past several years. In 2015 it acquired Somerset Tire Service Inc., a Bridgewater, N.J.-based dealership with 157 stores in New Jersey, New York and Pennsylvania.. Kauffman Tire's been on a steady expansion curve of late, adding 11 stores in the past couple of years, including its most recent, last fall in St. Petersburg, Fla., and Pooler, Ga.
Apollo brings commercial tire portfolio to North America - Tire …
WEBApr 12, 2021 · Apollo lands: Tire maker brings commercial portfolio to N.A. Don Detore. Apollo photo. Apollo tires for the North American market will be produced at Apollo's 4-year-old plant in Hungary, as well as at its plant in India. ATLANTA — To paraphrase astronaut Neil Armstrong: Apollo has landed. With a commercial truck tire portfolio. In North America.
Century-of-'distinction'-—-Vogue-Tyre-evolving | Tire Business
WEBNov 12, 2014 · CHICAGO — Entering its second century in business, Vogue Tyre & Rubber Co. is tinkering slightly with its business model to cater to the shifting demands of an evolving marketplace while also grooming a still-new tire supplier relationship and broadening its product portfolio. Long known as a supplier of distinctive, premium tires to the new car dealer channel, Vogue has added distribution ...
Goodyear buys Evansville, Indiana-based Raben Tire - Tire Business
WEBDec 16, 2019 · Founded in 1952 by Henry Raben, Raben Tire operates over 30 commercial and consumer tire and service locations and three retread plants, including two that are Goodyear Authorized Retreading system plants. The locations are spread throughout six states — Arkansas, Illinois, Indiana, Kentucky, Missouri and Tennessee. "The addition of Raben further expands our network and strengthens Goodyear ...
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