MRF Plant for Sri Lanka

Speaking to reporters on the sidelines of launching V-rated tyres for luxury cars, Philip Eapen, executive director of marketing, said experimental production has already commenced at the new facility. However, he did not provide any details about investment in the plant.

Eapen said MRF had obtained most of the regulatory approvals for the production of helicopter tyres and was in the final stages of the approval process.

He also said the industry was going through a critical phase, with the increase in raw material prices. The tyre industry had never faced such a situation in the last 30 years. The increase in rubber prices was creating a strain on the bottom line for the company, he added.

Earlier, Chairman and Managing Director K. M. Mammen and brand ambassador, West Indian cricketer Brian Lara, unveiled the V-rated tyres, targeted at the top end and luxury car segment.

The tyres are specifically targeted for cars such as the Mercedes S Class, Ford Mondeo and Skoda Laura.

The Ohio Tire and Automotive Association (OTAA) held its annual golf outing this year at The Country Club at Muirfield Village, close to the renowned Muirfield Village Golf Club, home of the PGA Tour's Memorial Tournament.

OTAA leadership welcomed around 116 OTAA members and thanked sponsors before teeing off and, following golf, attendees gathered for dinner, drinks and donations. OTAA leadership, including new President Jon Boyd, tire business manager, from Boyd’s Tire and Service, presented a $3,000 donation to the Automotive Aftermarket Charitable Foundation (AACF). OTAA also presented the William Floyd Distinguished Service Award to Tom White, owner of the six-store Tire Source chain based in Canton. White received the honor in recognition of his long-term dedication and contributions to the OTAA board and the broader Ohio tire industry.