Tag: BKT
BKT: No USA plant for the “foreseeable future”
The likelihood of seeing BKT tyres ‘Made in the USA’ appears even more uncertain following an earnings call held by Balkrishna Industries Ltd. (BKT) on 13 August. Although the tyre maker reported three days earlier that the 20,000 tonne per annum factory project was just “in abeyance”, comments made during the call suggest the pause on work is more than temporary.
BKT puts USA capex on hold
The Board of Directors at off-highway tyre specialist Balkrishna Industries Ltd. (BKT) have temporarily suspended their plans to invest in setting up a factory in the USA. According to the Board, the capex project has been placed in abeyance due to “difficult macroeconomics” and “volatile climate conditions.”
American football: BKT the presenting sponsor for U19 European Championship
American football isn’t a mainstream sport in Europe – not yet, anyway. But its fanbase on this side of the Atlantic is growing, and audience numbers will be helped by next month’s 2019 IFAF Women’s European Championship in the UK and – starting next week – the 2019 U19 European Championship in Bologna, Italy. Off-highway tyre maker BKT is presenting sponsor of the latter event.
BKT better positioned to serve OEMs with new European HQ
In India, the lighting of a lamp symbolises new beginnings. For BKT, this tradition was a fitting gesture for observing a significant step in what it calls the ‘Next Level’: The lighting ceremony marked the start of festivities to celebrate the inauguration of BKT’s rebuilt European headquarters on 5 April.
Bauma debut for BKT’s ‘giant’
BKT has big plans for next month’s Bauma show – the off-highway tyre specialist is getting ready for the global debut of its largest tyre ever at the construction machinery trade fair.
‘Biggest’ agri radial amongst BKT newcomers at SIMA
It’d be hard to miss the new Agrimax Force size that BKT is premiering at SIMA – at 2.3 metres tall, the IF 750/75 R 46 tyre is the largest agricultural radial the company has ever produced.
BKT carbon black plant opening end of March
On 8 February 2019 Balkrishna Industries’ (BKT) confirmed that the first phase of its new carbon black plant will be commissioned by 31 March 2019.
BKT: Trends in agriculture from an insider’s perspective
Gruppo Nodari is a sizeable agricultural contractor in Brescia, Northern Italy. The company services farms and companies within the region of Lombardy, in particular offering its contracting services to biogas plants. A large proportion of Nodari’s tyre needs are meet by BKT.
World Cup champion teams up with BKT for charity
Ever since signing up as sponsor to Italy’s Serie B and the Coupe de la Ligue in France earlier this year, football has become not just a means of promoting the BKT brand name. The off-highway tyre specialist has also integrated the beautiful game into its charitable activities.
BKT for Escorts’ automated tractor
During its Escorts Exclusive 2018 dealers and partners event in September, Indian agricultural machinery manufacturer Escorts Limited presented its first driverless tractor. The Automated Concept Tractor was produced in collaboration with seven technology firms – Microsoft, Reliance Jio, Trimble, Samvardhana Motherson Group, Wabco, Bosch and AVL – and utilises sensor-provided data and applications. Tyres were provided by BKT.
BKT outlaying up to $100 million to build US tyre plant
Balkrishna Industries (BKT) has provided further details regarding its plans to build a factory in the USA. With a capital outlay of up to US$100 million, funded by investments and local debt, the tyre maker intends to establish a greenfield facility with an annual capacity of 20,000 tonnes.
TIA: New president, BKT’s Poddar inducted into Hall of Fame
John Evankovich has been inducted as president of the Tire Industry Association’s (TIA) Board of Directors. He took office at the TIA annual membership meeting on 29 October and will serve a one-year term. In addition, the US-based industry association also introduced Brian Rigney (president, Dill Air Controls) as its vice-president and Dan Nothdurft (president, Tires, Tires, Tires) as secretary. Mike Wolfe (owner, Southeastern Wholesale Tire) will remain treasurer.
Dharaprasadji Poddar passes away
Balkrishna Industries Ltd. (BKT) shares that its chairman emeritus, Dharaprasadji Poddar, died on 20 October 2018. In a statement, BKT writes that “his demise is an irreparable loss to the company and his guiding presence will always be missed by all at Balkrishna."
BKT sponsoring Australian cricket league
Yet another sports sponsorship for BKT – following on from the start of its Serie B and Coupe de la Ligue title sponsorships in Italy and France, the off-highway tyre specialist has entered into a partnership with the KFC Big Bash League (BBL) cricket league in Australia. BKT has signed an agreement with governing body Cricket Australia that secures its status as off-highway tyre supplier to the Twenty20 cricket league for three years.
Football: BKT naming partner for France’s Coupe de la Ligue
French football governing body Ligue de Football Professionnel (LFP) has announced its entry into a partnership with tyre maker BKT. The off-highway tyre specialist has become naming partner to the knockout championship Coupe de la Ligue (French League Cup) for the next six seasons. As of the round of 32, the Coupe de la Ligue will be known as the Coupe de la Ligue BKT.