Magna Giant Tires to Produce at Full Capacity for 2018

Due to an anticipated shortage of its major competitors brands based on industry forecasts, the scheduled increase in OEM rigid dumper production and increased production at mine sites, Magna Tyres is planning to increase its giant tire production to full capacity to supply tire needs for 2018.

Size implemented with priority production:

• 27.00R49
• 33.00R51
• 40.00R57
• 46/90R57

The company has undertaken the production change to meet changing market conditions. Additional capacity will be allocated for 63-inch tires, rigid dumper tires and 51/57 inch loader tires. These strategic production adjustments have been taken to avoid the overheated market demand of the all known “2007-situation” for giant tires. According to the company, Magna expects the increased maximum production capacity will be challenged to meet the high demand of its partners.

The Goodyear Tire & Rubber Company has named Ryan Waldron as president of the company's Americas business unit, reporting to Chief Executive Officer and President Mark Stewart. He succeeds Steven R. McClellan, who retired on April 1.

"At Goodyear, our customers are at the center of everything we do, and in Ryan Waldron, we have a customer-centric, execution-focused business leader with a deep understanding of both the marketplace and all aspects of our business, as well as a proven track record of delivering results," Stewart said. "I am thrilled to announce him as president of Goodyear's Americas business and have enormous confidence that under his leadership, both the company and our customers will reach even greater levels of success."