Apollo Tyres Plans U.S. Expansion
India tiremaker Apollo Tyres is looking to expand its business in the United States as it aims to become less dependent on its domestic market and have a more global presence, Reuters reported. After failing to buy U.S. Cooper Tire & Rubber Co. two years ago, Apollo has been considering hiring a sales team to
Conti’s Sumter Plant Expansion Breaks Ground
Continental Tire the Americas broke ground on its Sumter, S.C., facility expansion on Sept. 9, beginning Phase II at the plant. “This announcement celebrates Continental’s trust in the Sumter facility to continue delivering quality products to our customers,” said Jochen Etzel, CEO of Continental Tire the Americas. Phase II will add an additional 720,000 square
ZC Rubber Opens Thai Plant, Plans Expansion
Chinese company ZC Rubber Group recently opened its first overseas plant on June 29 in Thailand, according to Tyres & Accessories. “The opening of ZC Rubber Thailand is a remarkable milestone of ZC Rubber Group’s globalization strategy. It is the first overseas plant of ZC Rubber Group. The new plant is facing the market demands
Hankook Completes Third Phase of Racalmas Expansion
Hankook Tire reported it has completed the third phase of expansion at its plant in Racalmas, Hungary, two months ahead of schedule. The 313 million euro expansion, which created 950 additional jobs, will boost the plant’s annual production capacity to 19 million tires. It also allowed for the addition of more premium brands as business
Freedom Tire Distributing Appoints LA Expansion Lead
Freedom Tire Distributing tapped Andy Franko to head its Los Angeles county expansion. Franko, a 21 year veteran of the tire and wheel industry, previously served as operations manager for Ampac and then ATD after the purchase. He was also vice president at Lexani Wheels for 12 years. “We feel very fortunate to be able
Aggressive Expansions Plans Coming for Tire Discounters
Sharonville, Ohio, -based Tire Discounters expects to keep opening locations at a pace of about 12 annually for the next seven-plus years, the Dayton Daily News reported. While most openings are new stores built from the ground up, growth plans also include remodels of many original Cincinnati-area locations. “We will continue to add stores as
Apollo Board Approves Chennai Plant Expansion
Apollo Tyres board of directors approved plans for the expansion of its truck-bus radial capacity at its Chennai, India, plant. The facility will increase from 6,000 tires a day to 8,900 tires a day due to improved demand outlook, the tiremaker said. Apollo also approved further conversion of its Kalamassery plant from bias truck tires
Nova Scotia Airport to Close for Potential Michelin Plant Expansion
The civilian airport at Waterville, Nova Scotia, will close this fall to make way for a possible $500 million Michelin North America (Canada) plant expansion. Kings County councilors voted March 10 to close the Waterville Municipal Airport on Sept. 30 to make the land available to be bought by the province or Michelin. The plant
JK Tyre Approved Chennai Plant Expansion
At its board meeting on Oct. 24, the directors of JK Tyre & Industries Ltd approved a RS 14.3 billion (£144.5 million) expansion of its Chennai factory in eastern India. Commenting on the investment, chairman and managing director Dr. Raghupati Singhania said “the long-term prospects of the Indian economy and particularly [the] automotive industry remain
Bridgestone Plant Expansion Adds 900 Tires Per Day
Bridgestone Americas has boosted daily production at its truck tire plant in Warren County, Tenn., by 900 tires. Thanks to a $36.6 million expansion program, the plant now produces 9,000 medium truck radials per day. Some 45 new jobs were created with the expansion. “The increase in production will help us with the demand in