Tag: production
Tamworth motorsport, high performance brakes firm secures £3m finance
A Tamworth based manufacturer of high-performance brake components for the motorsport and performance vehicle market has secured a £3 million finance package from HSBC UK to fund new state-of-the-art machinery to boost production. Alcon has used the funding to purchase five Computer Numerical Control (CNC) machines as well as a noise, vibration and harshness (NVH) dynamometer.
Michelin restarting production at US giant OTR tyre plant
According to local news sources, the Michelin earthmover tyre factory in Starr, South Carolina will reopen today. The Anderson Observer writes that the facility’s reactivation will be made official at an event held at the plant today.
Apollo Tyres: European truck tyre production starting this quarter
Truck tyre production at Apollo Tyres’ factory in Gyöngyöshalász, Hungary will begin before the end of September. According to Gaurav Kumar, chief financial officer of Apollo Tyres Ltd., production is scheduled to start during the July to September quarter and the ramp-up of truck tyre production will then continue and reach a maximum capacity of 1,200 pieces per day by the end of March next year.
Apollo Tyres stops production in flood-affected Kerala plants
Flooding in India’s Kerala state has claimed hundreds of lives since June and forced hundreds of thousands of people to leave their homes. It has also affected industry within the region. In letters sent to the BSE and the National Stock Exchange of India, Apollo Tyres reports that flooding has disrupted production at two of its tyre plants.
Avon increases Cobra tyre production
Avon Tyres has increase production its Cobra motorcycle tyre in response to the successful launch of the new Triumph Bonneville Bobber. The Cobra tyre is the OE fitment on every Bobber that rolls off the production line, with the bespoke front and rear tyres specially designed for this premium custom bike.
Ceat to increase tyre capacity
Ceat, the Indian tyre manufacturer, has announced plans to increase production of truck and bus, passenger car and two-wheeler tyres. According to local news sources, the company said it will invest approximately 2,800 crore rupees over a five-year period leading up to 2022.
Continental to increase radar sensor production in Philippines and China
To meet the growing demand of Asian vehicle manufacturers for surrounding sensors, production of short-range radar sensors was launched in Calamba in the Philippines towards the end of 2015. Short-range radar sensors perform functions like Blind Spot Detection, Lane Change Assist and Rear Cross Traffic Assist. Driving forces include legal requirements, but the customers’ demands for more safety and comfort are also of key importance. Additionally, the production of the Multi Function Camera with Lidar will be launched in autumn this year. The plan is to produce over ten million short range radar sensors and one million camera systems in Calamba in the future.
Sentury and Huagao cooperate on first graphene tyre
On 3 August 2016 Sentury Tire and Huagao Graphene Technology Corporation hosted a ceremony marking the two firm’s cooperation on their first (and possibly the first) graphene high performance car tyre. Qingdao information technology department vice director Wang Jian, deputy mayor of Qingdao Sun Mingming, China grapheme industry alliance secretary Li Yichun, chairman of Sentury Qin Long and Sentury president Lanny represented Sentury by attending the signing ceremony.
Exol Lubricants to invest for greater efficiency
Exol Lubricants has outlined more investment at its West Midlands head office and production facility. “With the objective of increased site efficiency, we will continue to provide an exceptional working environment that is capable of delivering the highest quality products and service to customers in the UK and abroad,” the company states.
Remanufacturing business ‘booming’ for Brake Engineering
Brake Engineering has reported an increased demand in remanufacturing, as the braking brand continues to gain success with its Original Aftermarket campaign. While remanufactured brake calipers experience higher demand at this time of year, Brake Engineering is reporting an even greater upsurge in demand for calipers than in previous years.
Michelin boosting winter tyre production in Canada
A temporary production increase will soon be implemented at a Michelin plant in Canada in order to meet high North American market demand for winter tyres. According to Jeff MacLean, president of Michelin North America (Canada), the tyre maker will boost production of the Michelin X-ICE Xi2 at its Pictou County facility; the additional output will be sold both in Canada and in export markets.
First tyre runs off new ZC Rubber TBR production line in Thai factory
The first truck and bus radial tyre ran off ZC Rubber’s (also known as Hangzhou Zhongce) newly installed product line at its Thai factory – ZC Thailand – just before Christmas.
Continental invests to take the pong out of tyre production
The team at Tyrepress.com can testify that tyre manufacture is an ‘aromatic’ process, therefore we are pleased to learn that Continental AG has completed €10.5 million worth of investments to reduce the odours resulting from production in its Timisoara plant in Romania.
Apollo comments following financing deal for Hungary Greenfield plant
Apollo secured 300 million euros financing for its Greenfield plant in Hungary, on which construction started in April 2015, bringing total investment to 475 million euros. The first product is expected to roll out in early 2017 and the facility will create approximately 1,000 jobs in the country. Commenting on the closure of the financing, K. Prabhakar, managing director of Apollo Tyres, Hungary said, “We thank our consortium partners who provided appropriate solutions to the specific financing needs for the project and facilitated a smooth execution.”