Tag: Triangle
Ex-Triangle and Goodyear Tire executive Cohade joins Johnson Controls
Johnson Controls International plc has appointed Pierre E. Cohade as a director. Cohade served as chief executive officer of Triangle Tyre from 2015 to May 2016. Before this, Cohade was president of Asia Pacific Tire, Goodyear Tire and Rubber Company.
Chinese tyre makers off-shoring in Southeast Asia
At the end of May, anti-Chinese truck tyre tariffs were implemented. They included nominal (as opposed to percentage) tariffs at levels that surprised many. As a result, supply shortages and challenges at distributors were predicted. Shuttering of some of the lowest cost Chinese tyremakers is also expected. However, speaking to affected firms during the recent Tire Cologne reveals that many are already prepared to source tyres elsewhere. Indeed, the largest manufacturers have been off-shoring for some time. As a result, virtually all the leading Chinese tyre manufacturers already have non-Chinese tyre production in place. Let’s take a look at who’s got what.
Tiresur to distribute Triangle consumer tyres in Spain
Triangle’s consumer tyres will be exclusively distributed in Spain by distribution and retail company Tiresur. The agreement represents an increased footprint in Europe for Triangle; Spain is a key market in the Weihai manufacturer’s internationalisation strategy implemented since the listing on the Shanghai Stock Exchange.
Truck tyre tariffs to cause shortages
On 7 May the European Commission announced that it is implementing provisional anti-dumping duties of between 52.85 euros and 82.17 euros per tyre on new and retreaded tyres imported into Europe from China. It is a landmark move that is already having a huge impact on truck tyre markets across Europe. Tyres & Accessories spoke with TYM International managing director, Steve Eke and Triangle Tyre's general manager for Europe, Corrado Moglia (representative examples of affected importers and manufacturers respectively) in order to find out more.
B+B Reifencenter to distribute Triangle tyres in Germany
Triangle Tyre has signed a distribution agreement with wholesaler B+B Reifencenter for the German market. Triangle stated that the agreement is part of its strategy to increase its presence across Europe. This also encompasses a renewed range of improved car tyres.
Farnese Pneumatici to distribute Triangle tyres in Italy
Triangle Tire Europe and Farnese Pneumatici have signed an agreement for the distribution of Triangle brand car, SUV, 4x4, and light commercial tyres in the Italian market. The deal signals the continuation of Triangle’s European strategy, following recent distribution agreements in France, Russia, and other European markets.
Training centre to form key part of Triangle’s new US tyre factory
North Carolina’s Edgecombe County will build a manufacturing training centre at Kingsboro to provide a trained workforce for Triangle, as part of its agreement with Chinese tyre manufacturer.
Incentives helped Triangle decide to build US factory in North Carolina
Triangle Tire’s decision to build its North American manufacturing facility in North Carolina was helped by the offer of $152 million in state and local financial enticements, state officials announced December 19. The company will receive $66 million in state incentives and $86 million from Edgecombe County. The two-phase project is expected to be complete by 2023.
Triangle Tyre publishes details of USA car, truck tyre factory plans
In disclosures to the Shanghai Stock Exchange, Triangle Tyre Co., Ltd. reports its intention to invest US$580 million in what the company calls its “America Factory Project”. The investment will cover the cost of erecting facilities for producing both passenger car and commercial vehicle tyres.
Triangle Tyre Europe appoints Marian Gabris as sales director for Eastern Europe
Marian Gabris has joined Triangle Tyre Europe as sales director for Eastern Europe. Gabris has more than 21 years of sales experience in the tyre industry, having started his career in 1996 with Matador.
Triangle signs Russia strategic cooperation agreement with Laserta
Triangle Tyre Europe and Laserta have signed an agreement for the distribution of the brand in the Russian market. The agreement reflects the Chinese tyre manufacturer’s strategy of increasing its presence across the globe by opening regional offices and deploying local teams who will be working in partnership with professional distributors in each country.
Triangle launches new mobile crane tyre
Triangle has launched its new generation TB586 tyre pattern for mobile crane applications. The adaptable machinery used in different building projects such as construction of houses, buildings, airports and roadways, requires versatile tyres to allow operation in a number of different environments. The latest mobile cranes now operate at higher speeds too. Therefore Triangle’s new F speed rated TB586 allows for operation at speeds up to 80km/h.
Triangle Tyre Europe appoints Pizzamiglio as sales director Southern Europe
Roberto Pizzamiglio has joined Triangle Tyre Europe as sales director for Southern Europe. Pizzamiglio has more than 20 years’ experience in the Italian tyre market and has covered several sales and marketing management roles within Magri Group, one of the leading tyre distributors in the country.
Triangle increase prices in America
Triangle Tire’s US branch has announced plans to raise tyre prices up to 6 per cent “in-line adjustments on all its products sold in the US beginning 1 October 2017”.
Triangle recalls 15-inch tyres in US
Triangle Tire USA is recalling 288 Triangle TR643 tyres in size ST225/75R15 due to an apparent manufacturing error. According to the NHSTA recall notice, the tyres may have a hole where the sidewall and that could result in an air leak.