Is Michelin Buying Camso?

According to a Michelin press release, the outcome of the discussions and a detailed communication will be released “in due time.” If successful, the agreement would be submitted to the proper authorities.

Privately held, Quebec-based Camso makes tires, tracks and track systems for construction and agricultural machinery, dirt bikes, snowmobiles and conveyor belts. It doesn’t disclose financial results but employs 7,500 people across 26 countries, according to MarketWatch.

Recently, Michelin North America’s retread business celebrated a decade of business with another company under its ownership – Lehigh Technologies, a Georgia-based company that manufactures Micronized Rubber Powders.

Nestled in between a thick wooded forest and a beautiful 13-acre lake in Ohio’s Mahoning County is a small farm and homestead. It’s unassuming, really. The kind of place you might pass right by without noticing on your way from here to there.

A little over a century-and-a-half ago, it was the birthplace of the man who would fundamentally change American agriculture forever, but today, that small farm is home to test tracks and testing facilities designed to put tomorrow’s farm tires to the test. To push the limits of what’s possible, pioneering the latest technology that allows farm tires to go where they never have before. To stand strong in the fields and ride soft on the roads. To tread lightly over soil and roots, while translating ever-increasing horsepower to traction in the fields.