On 28 June 2022, Huntington Business Credit announced it closed $35 million of new credit facilities with American Kenda Rubber Industrial Co. Ltd. (Kenda USA). According to Huntington Business Credit, the funds were used to “refinance existing indebtedness and provide ongoing working capital growth financing.
Kenda Tires has launched a new range that is developed specifically to meet the needs of European customers. Described as an “expansion of the tried and tested Emera A1” range and available in 28 dimensions for 13- to 16-in rims and in T to V speed ratings, the Kenda Kenetica Pro KR210 is positioned as a high-performance tyre for small to mid-sized cars.
Kenda has won the “Best Practice Award” for manufacturing quality during the 26th National Quality Awards in Taiwan. The award recognizes businesses that demonstrate high quality management and is the only award for business quality issued by the Executive Council in Taiwan. Kenda was one of just 15 to win the award.
Vaccinations were our great hope at the start of 2021, but we entered the new year entirely lacking immunity against other threats. Supply chain issues and escalating raw material, shipping and energy prices quickly became an unwelcome reality. Cambrian Tyres is one of many firms that’s seen the cost of many products go up and the availability of some go way down, but the wholesaler is striving to minimise the global situation’s impact upon its customers.
STARCO Huanmei, a wheel manufacturing operation in China founded in 2007 as a joint venture with Kenda, is moving to an entirely new production facility that provides the scope to greatly increase output. The new plant is located in Zhejiang Province, some three hours away from Shanghai. Following a traditional Chinese opening ceremony two weeks ago, STARCO anticipates the factory achieving full operation by mid-October.
Kenda Tires Europe will distribute its full passenger car tyre portfolio across Germany and Austria via reifen.com GmbH. The agreement took effect on 1 July 2021 and means customers can now purchase Kenda’s complete passenger car tyre portfolio from 37 reifen.com customer outlets across the region as well as from its online shop.
STARCO’s knowledge of light transportation applications, including tyre and wheel solutions for trolleys, sack trucks and wheelbarrows, has a long history. The firm is the largest Europe-based manufacturer of puncture-proof tyres in this segment, and it is drawing upon its experience and synergies in order to cater for a growing market.
Kenda Tire Europe has appointed Safame Comercial SL as a tyre distribution partner in Iberia. Effective immediately, “Kenda’s complete tyre portfolio will be available to purchase through Safame’s distribution network of more than 7,000 outlets across Spain and Portugal.”
STARCO is expanding its remit as distributor of the Kenda passenger car tyre range. It took on responsibility for these products in the Swiss market three years ago, and will now begin distributing Kenda passenger car tyres in Poland.
Two-wheel vehicles came into their own in a year when travelling on public transport was often discouraged and delivery services boomed. As the Motorcycle Industry Association recently reported, unit sales of scooters shot up 10.6 per cent in 2020 and overall sales of two-wheel vehicles declined just 2.6 per cent year-on-year despite two lockdowns. Demand for aftermarket parts was also healthy within the sector, reflecting both a preference for affordable personal transport as well as the popularity of socially-distanced pastimes such as bike restoration projects. But there’s been a fly in the ointment.
Vietnamese officials have interpreted the US Department of Commerce (DOC) anti-dumping investigation preliminary conclusions as “very positive” for Vietnam-produced car tyres. There was even hope that cooperative Vietnam-based tyre manufacturers Local newspapers read this mean Vietnamese tyre factories had been “cleared” by the investigation.
Developed and tested in the USA, the new KM1 radial marks Kenda’s entry into the highly competitive sport touring market. Cambrian Tyres is distributing the range in the UK and describes the KM1 as a tyre that offers riders great all-weather performance at a fantastic price.
Kenda has strengthened its global team with two new appointments, bringing exceptional sales support to Europe and adding extensive engineering know-how to the Kenda European Technical Centre (KETC). Michael Eckert joins as senior sales manager, Engin Ünal as senior engineer, effective 1 August.