The Influence of China and India on European Ag Market
As we have seen, the influence of non-premium brand tire manufacturers and of non-European produced tires has markedly increased in the wider European market. Something else that the data suggests is that a degree of desegmentation has occurred because all this has been set against a series of financial crises in Europe and its respective
Central Marketing to Distribute Saspol Retread Equipment
Saspol Technology, based in Vigevano, Italy, has signed an agreement with Central Marketing Inc. that will see the Colonial Heights, Va.-based company distributing and promoting Saspol’s line of industrial presses for retreading. Saspol started in 1961 with standard presses for rubber, and now offers the tire industry complete systems, including press lines for pre-cured tread,
Exhibitors Confirmed for Tyrexpo Asia
Tyrexpo Asia 2013 has smashed through the 150-exhibitor milestone; with six months still to go before opening day, the biennial event is now 90% full, an unprecedented position in the show’s 16-year history. Event organizer ECI International also reports the presence of "heavyweight" domestic Singaporean, Malaysian, Indonesian and Chinese exhibitors, plus interest from a large
Forestry Tire Market Holding Steady, Poised for Growth
The forestry industry, which in recent years has seen ups in certain areas and downs in others, has remained steady overall – and likely is only going to get better, according to several tiremakers in this hard-working segment.While construction markets in North America tumbled during the recession – and have yet to fully get back
Latin American & Caribbean Tyre Expo a Huge Success
The recently held Latin American & Caribbean Tyre Expo was hailed as a “resounding success” by attendees and event organizers alike
Ag Tiremakers Gear Up for Another Near-Record Year
After a record year in 2011, the North American farm market is still strong. Though the U.S. Department of Agriculture(USDA) predicts declines in net farm income for 2012 compared to last year, ag tire manufacturers remain positive, considering 2011’s final numbers – $100.9 billion, up 28% from 2010, and the highest value on record. For
Tyrexpo India 2013 to Showcase Radialization
The second staging of Tyrexpo India in Chennai next year will see the event tackle the topical issue of the increased radialization of truck and bus tires in India, event organizer ECI International said. “Indian and international tire manufacturers are making huge investments in new production capacity for TBR radials for the domestic market,” says
K&M Outlines Growth Goals, Mr. Tire Expansion at Annual Conference
Since K&M Tire acquired Universal Cooperatives’ Triton Tire & Battery division in November 2010, the company has been on a steady growth track. Most recently, the Delphos, Ohio-based wholesaler purchased assets of Don’s Tire in Cross Plains, Wis. And at its annual tire dealer marketing group meeting, held mid-January in Las Vegas with 175 dealers
In Fast-Growing Farm Tire Market, Recession is a Distant Past
Overall, North American farmers have had a good year. High commodity prices for grain and cotton, coupled with improved milk and pork prices and record high beef prices have resulted in farmers having profits to spend updating their equipment – and their tires. In 2011, agricultural commodities prices went up by 31%, according to Jeff
Two Years After GPX Acquisition, Alliance Still Focusing on Growth
When Alliance Tire Group acquired portions of the bankrupt GPX International Tire in December 2009, the tiremaker inherited a presence in the medium truck tire market, taking over distribution of China’s Aeolus Tyre Co. in the U.S. Prior to the purchase, Alliance’s core business had been in the off-highway segment. With the acquisition, Alliance was