Kobe Steel to Open Tire, Rubber Machinery Company - Tire Review Magazine

Kobe Steel to Open Tire, Rubber Machinery Company

Kobe Steel Ltd. has invested 40 million yen to open a Chinese company to sell tire and rubber machinery in April.

The company, Kobelco Machinery System Engineering Qingdao Co. Ltd. (KMQ), will be headquartered in Qingdao, Shangdong Province, and will also provide after-sales service.

KMQ will supply rubber mixers, twin screw roller head extruders and tire testing machines used to manufacture passenger car tires, as well as construction equipment and other rubber products.

KMQ was established to contribute to the expanding sales in China and Kobe Steel is aiming for a 50% share of the world market, the company said.

KMQ is projected to increase overall sales by 1 billion yen in fiscal 2020. KMQ has manufacturing and sales bases in Japan, the United States, China and India.


You May Also Like

Sun Auto Tire & Service acquires 33 Caliber Auto Care locations in Texas

The 33 Caliber Auto Care locations are spread across Dallas, Houston, and San Antonio.


Sun Auto Tire & Service recently acquired 33 Caliber Auto Care locations throughout the state of Texas. The 33 Caliber Auto Care locations spread across Dallas, Houston, and San Antonio complement Sun Auto’s existing footprint in these markets, the company said. Caliber Auto Care teammates will stay on after Sun Auto's acquisition. 

Goodturn Tire & Auto launches platform with 24 locations

Goodturn is a family of brands that provide automotive and tire repair and maintenance services, serving approximately 90k customers in 2023.

Hunter’s new Hunter University is designed to train customers, techs and instructors

The online courses are generally presented in five-minute segments.

Apollo Tires US recalls certain Vredestein, Quatrac tires

Dealers will replace the tires free of charge.

Discount Tire, Major League Soccer (MLS) announce multiyear partnership

Discount Tire has also struck a partnership to be the official tire retailer of Inter Miami CF and is collaborating with Continental Tire.


Other Posts

Net Driven acquires CarCareConnect

With this acquisition, CarCareConnect customers will gain access to Net Driven’s suite of digital storefront and digital marketing solutions.

Handshake agreement
Hankook Tire America recalls select Kinergy GT tires

Certain Kinergy GT tires, size 235/60R18H H436, are missing the missing the four-digit week and year code mark.

TRIB’s new website offers tailored services for members

One of the highlights of the redesigned website is the introduction of the retread environmental savings calculator.

RNR Tire Express to give away NASCAR tickets for Father’s Day promotion

The RNR team will be taking submissions until midnight on Sunday, June 16.

RNR Tire Express