July 02, 2009
Category: North America
Big 10 Tire Stores, one of the largest independent tire dealers in the Southeastern U.S., has completed the sale of its operations to New Big 10 Tire Stores, Inc., an affiliate of Sun Capital Partners.
July 02, 2009
Category: North America
Continental Tire North America has acquired the majority ownership of a leading passenger, light truck and commercial tire company in Latin America, Compania Ecuatoriana del Caucho S.A. (ERCO).
July 02, 2009
Category: International
On May 15, Apollo Tyre’s purchase of Vredestein Banden was completed with the signing of contracts ratifying a deal estimated to be worth between 175 million and 229 million euros.
July 02, 2009
Category: North America
German specialty chemicals company Lanxess AG and South Korean tire manufacturer Hankook Tire have further strengthened their collaboration by signing a five-year supply agreement whereby Lanxess will supply large volumes of butyl rubber to Hankook from 2010 to 2014.
July 02, 2009
Category: International
Production of natural rubber in the seven countries that account for 93% of world supplies – Thailand, Indonesia, Malaysia, India, Vietnam, China and Sri Lanka – is continuing to fall.
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By this time, most small independent tire dealers in the U.S. are tired of hearing how bad the economy is. Those who are experiencing a downturn in business are forced to deal with it, and those who are progressing don’t believe it. Read more
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