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Marangoni Reaches 1 Million Plateau

Marangoni Tread North America produced its one millionth Ringtread precure retread in the U.S. earlier this week.

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The company has been producing tread stock at its Madison, Tenn., plant since April 2004.

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“We are proud and thankful that we have been able to achieve this important milestone,” said MTNA president and CEO Bill Sweatman. “This is the icing on the cake in a year full of successes. Our unit sales have increased more than 10% this year and along with other improvements we’ve made we have gained in both market share and market strength.”

As a token of appreciation, Sweatman presented each MTNA employee with a commemorative silver coin. The coin has the image of the Marangoni logo on one side and the Alpha-Ring press on the reverse side, with the inscription “1 millionth Ringtread, Made in the USA.” (Tire Review/Akron)
 

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