Wheel and automotive component manufacturer Iochpe-Maxion is investing R$100 million (£16.7 million) to expand its operations in Cruzeiro, Brazil. Work to increase truck wheel capacity in Cruzeiro will be finished in the first quarter of 2023 and boost annual output capability by 400,000 wheels, and when expansion of the plant’s agricultural wheel production capacity is completed in the third quarter of the same year, the Cruzeiro site will be equipped to produce a further 110,000 of these products annually.
Iochpe-Maxion, the world’s largest wheel supplier and the leading structural components supplier in the Americas, has set an objective of becoming a carbon neutral supplier by 2040. This target, Roadmap Zero, is the focus of all sustainability developments at the global Tier One.
Carbon composite wheel firm Dymag Performance Wheels Ltd has entered into a strategic partnership with advanced composite materials manufacturer Hankuk Carbon Co Ltd to enable the mass production of state-of-the-art high-performance carbon composite wheels for the world’s leading automotive OEMs.
Towards the end of April, tyre servicing equipment supplier Martins has recently acquired UK company Checkpoint, which is known for its wheel security products. Checkpoint has 30 years of experience in the market that began with founder, CEO and inventor Mike Marczynski.
Alloy wheel refurbishing agent Prestige Wheels has joined the Independent Automotive Aftermarket Federation (IAAF). Prestige Wheels has over 20 years’ experience specialising in the refurbishment and repair of alloy wheels, with both a factory and mobile service covering the heart of England and north Wales.
The team at Borbet in Germany’s Hochsauerland region are making their own contribution to help people in Ukraine. The wheel manufacturer, which is headquartered in Hochsauerland and operates two further facilities there, says a van filled with “care packages” left one of the sites on Monday and is driving the approximately 800 miles to the embattled country.
Wheel manufacturer BBS Japan has signed a four-year contract with Formula 1 to become the exclusive supplier of new standard rims. The company, part of the Maedakosen Group, has also signed up to supply rims to NASCAR for the next three years.
The WoollyWormit wheel brush has had over 1,900 reviews on Amazon, garnering a 4.5 positive rating. But is it the best in the world?
Here’s what the WoollyWormit’s creators had to say: “Like pretty much everyone, we always said the worst part about washing a car is cleaning the wheels…We were tired of spending 50 per cent of the time cleaning 5 per cent of the surface area of the car, so we designed and invented a brush that cleans wheels better, faster and more effectively than other brushes on the market.”
In order to optimise the efficiency of its aluminium wheel production facility in Limeira, Brazil, Maxion Wheels has created a virtual replica of the plant’s production processes. By employing ‘Digital Twin’ technology, the world’s largest wheel manufacturer can anticipate how the actual plant performs under specific conditions, thereby ensuring it achieves the highest levels of efficiency and efficacy. Maxion now intends to roll out the technology at other facilities around the world.
While almost every automotive business has been affected by current world events, for wheel manufacturers, a ‘perfect storm’ of global trading conditions has created a challenging trading period. Tyres & Accessories recently heard from Dave McMillan, sales director for Wheelwright, one of Britain’s longest standing manufacturer and retail names, who gave us an insight into how the company is coping with a new raft of logistical and financial travails.
Ireland’s Modern Tyres invested £5.6 million in the establishment of a new division, Modern Wheel Solutions division back in May. The new business will be situated at a 81,000 square foot purpose-built factory in Carnbane Business Park in Newry.
In October 2020 GKN Wheels & Structures was acquired by Aurelius Equity Opportunities SE & Co. KGaA. The new owners announced that the acquisition was completed on 26 November 2020 and since then, the company has been “planning for our future”. This means “listening to [its] teams internally as well as our external stakeholders-working to look at how we can work better and smarter together as we move forward”. But in practice the most noticeable immediate development is the decision to rename the business as Moveero.
The Association of European Wheel Manufacturers (EUWA) reports that Trelleborg Wheel Systems has signed up as a member. In a statement, the association says it is “very happy to welcome” Trelleborg Wheel Systems.
Wheelwright Limited’s management team recently acquired the company from previous managing director Kevin Greer through a management buyout process. According to the company, “this means that Wheelwright Limited is now owned and operated by the same team of experienced enthusiasts that helped the Kent-based company achieve its existing position as the country’s leading supplier of aftermarket wheels and chassis-related products.”
The Ronal Group is launching the R68 multi-spoke wheel to complement its aftermarket range. The new wheel features “20 opposing yet interrelated spokes” which “merge into a single technical and visual unit”. The R68 is available with two different surface finishes – jet-black as well “hyper grey”, which is a new Ronal colour.