Tag: expansion

ZC Rubber shares double digit output growth plans at African dealer meeting

ZC Rubber shares double digit output growth plans at African dealer meeting

Friday 17th March 2017 | 0 Comments

ZC Rubber’s first dealer conference of 2017 saw tyre dealers from Africa invited to meet in Dubai. The conference focused on introducing new goal and development strategy in 2017.

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Sumitomo buys brownfield land in USA

Thursday 16th March 2017 | 0 Comments

Sumitomo Rubber USA has bought 6.4 acres of brownfield land adjacent to its tyre manufacturing site in Tonawanda. According to the New York State-based Buffalo News, Sumitomo’s new land used to be home to a chemical plant that was destroyed by a fire nearly 30 years ago.

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Blackcircles looking to enter Asia Pacific markets

Monday 23rd January 2017 | 0 Comments

Mike Welch’s global aspirations for Blackcircles.com pre-date the Scottish company’s acquisition by Michelin, however the tyre maker has provided a platform for expansion, and over the coming year Blackcircles will work towards establishing a presence on the other side of the world. Speaking with The Scotsman, the founder and chief executive officer shared that consumers in Asia Pacific will soon get to know the Blackcircles way of buying tyres.

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Tyresure relocating to bigger premises

Tyresure relocating to bigger premises

Monday 16th January 2017 | 0 Comments

Tyresure Ltd has announced that, following a sustained period of development and progression in the market, the business has outgrown its current offices and warehouse, and is therefore relocating to larger, newly renovated premises.

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Further investment in Bridgestone’s Wilson plant

Further investment in Bridgestone’s Wilson plant

Tuesday 10th January 2017 | 0 Comments

Bridgestone has announced an additional investment in its Wilson tyre plant in the USA. The passenger car and light truck tyre making facility in North Carolina will receive a new, state-of-the-art rubber mixer under a newly-announced US$180 million investment that will also facilitate the introduction of more innovative manufacturing processes and technologies. This investment is in addition to the $164 million expansion announced in January 2016.

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ATS Euromaster opens new Bracknell centre

ATS Euromaster opens new Bracknell centre

Monday 28th November 2016 | 0 Comments

ATS Euromaster has opened of a new 5,300 square foot facility in Bracknell – marking the brand’s first presence in the booming Berkshire town. Located on the Trade City estate on Western Road, the new centre will provide car and van tyre and vehicle maintenance for consumers and fleets. It also means it is situated just a mile from Bracknell town centre, and close to vital transport routes connecting London with the South and South West.

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Gripen Wheels continues warehouse expansion

Gripen Wheels continues warehouse expansion

Friday 25th November 2016 | 0 Comments

Gripen Wheels recently invested heavily in new warehousing, modern logistics, and a major new IT system for all the Gripen companies. These new investments link together all Gripen companies throughout Europe, making the firm capable of stocking over 10,000 Earthmover tyres at any one time.

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Point S expands into India

Monday 21st November 2016 | 0 Comments

After the announcement of the launch of Point S in Malaysia, Point S has expanded further into Asia, namely India. Point S concept will be implemented in India through Master Franchise Agreements with three regional partners who will be covering 5 of the most dynamic States: Deviate Enterprises for the Nation Capital Territory of Delhi and Punjab; GIAAN International for Maharashtra and Goa; and Tyrekada for Kerala.

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Hamaton Ltd expanding UK warehouse

Monday 21st November 2016 | 0 Comments

After the firm’s official opening in the UK in early 2015, specialist TPMS and valve manufacturer Hamaton Ltd reports it is pleased to look back on a year that has seen the business go from strength to strength, with increasing sales and an enhanced reputation developing throughout the global TPMS market. One sign of this is the firm’s decision to move to large UK premises.

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Apollo investing in India tyre factory

Thursday 10th November 2016 | 0 Comments

Apollo Tyres is reportedly investing in a new two wheel and light truck tyre factory in Andhra Pradesh. The news followed the publication of the company’s second quarter results.

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VMI breaks ground on Poland plant

VMI breaks ground on Poland plant

Thursday 10th November 2016 | 0 Comments

VMI Group broke ground on its new manufacturing plant in Leszno, Poland on 2 November 2016. In the first phase, the company is building a 13,500 m2 facility on its 8 hectare plot of land with goal of extending the current manufacturing capabilities of the company. VMI Group now has entities in 8 countries on 5 continents.

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Consolidation of Chinese tyre manufacturers gaining speed

Consolidation of Chinese tyre manufacturers gaining speed

Wednesday 9th November 2016 | 0 Comments

Following the implementation of US import tariffs in the last year (car tyres 2015; truck tyres 2016) and the widespread recognition of vast oversupply in the Chinese manufacturing base, there has been talk of consolidation of tyre industry in the People’s Republic for some time. In the last few weeks however, it has become apparent that several Dongying, Shandong-based tyre manufacturers (especially those found in the Gungrao district) have experienced serious difficulties resulting in bankruptcies, buyouts and mergers. Now the consolidation trend appears to be gathering speed. Deruibao Tire was the first to go pop more than a year ago, taking the private brand orders of some well-known wholesalers and importers with it, before its assets were taken on by fast-growing Qingdao Doublestar in what some characterised as a shotgun wedding, but was also a sign of things to come. Several local Chinese news sources named Dongying-based Hengyu Tire as the next to go (with the latter apparently declaring bankruptcy on 14 February), followed by the smaller and younger O’Green and Watson Tyre factories. At the same time, various Chinese tyre distributors report that Yongtai Chemical’s tyre operations have shut down. Company representatives were not available for comment. However, we do know that Yongtai-owned Covpress (a Coventry-based panel metal supplier to well-known OEMs including Jaguar Land Rover) has entered administration. And furthermore, DMack – which had made itself popular selling World Rally Championship tyres made at Yongtai Chemical – switched production of its tarmac competition tyres to Cooper Tire Europe’s Avon Motorsport division in Melksham in mid-August (see “Yongtai Chemical-owned Covpress in administration” for further details).

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Cimcorp supplying automated handling system to Petlas

Cimcorp supplying automated handling system to Petlas

Wednesday 9th November 2016 | 0 Comments

Cimcorp is supplying a fully automated handling system to Petlas Tire Corporation at its factory in Kirsehir, Turkey, about 100 miles southeast of Ankara. Based on Cimcorp's Dream Factory solution, the automation will handle finished passenger car radial tyre-finishing and palletizing areas. Work on the order – Cimcorp’s first project for Petlas – is already underway and the turnkey material handling system will become operational in the autumn of 2017.

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Marubeni buys stake in Mexican tyre retailer

Monday 31st October 2016 | 0 Comments

On 24 October Japanese conglomerate Marubeni announced it had purchased a large minority shareholding in Mexican tyre dealer Radial Llantas. According to the company, Marubeni has bought 49 per cent of the shares in Radial Llantas. The pricetag for the stockholding is said to be “several billion yen”, according to Wards Auto.

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Galgo opens new European headquarters

Galgo opens new European headquarters

Thursday 27th October 2016 | 0 Comments

Galgo has opened new European headquarters (including warehousing and offices) in order to expand the company’s retreading coverage and sales presence. This expansion takes the company from Tongeren to the Ghent-Antwerp-Brussels triangle in Belgium, close to inland Beverdonk and the Meerhout container terminal.

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