Alliance Hires VP of Operations
Alliance Tire Americas (ATA) has hired logistics expert John Mancinelli as vice president of operations. Prior to joining ATA, Mancinelli spend 15 years leading complex operations, logistics, demand planning and customer support organizations for global leaders in consumer/food products and apparel manufacturing and sales, including The Gillette Co. (later P&G), The Timberland Co. and Welch
Yokohama Completes ATG Acquisition
Yokohama Rubber Co. officially completed its $1.17 billion acquisition of Alliance Tire Group on July 1. Toru Kobayashi, former assistant to YRC president Hikomitsu Noji, has been appointed Alliance Tire Group chairman. The acquisition will help Yokohama expand its commercial tire business and give the tiremaker access to ag and forestry tire manufacturing – two
Alliance Launches New Bias Farm Tire
Alliance Tire Group has unveiled the new Galaxy EarthPRO 45 R-1 bias farm tire. The EarthPRO 45 R-1 features 45-degree tread lugs that help maximize traction and self-cleaning in the field, these longer lugs also offer a more comfortable ride, ATG said. Additionally, a wide nose bar helps ensure smoother performance and longer service life
ATG Unveils Three New Solid Tires
Alliance Tire Group (ATG) unveiled three new solid Galaxy tires – the LHD 500 SDS L-5, the Super Smooth SDS L-5 and the YardMaster SDS – during the WasteExpo 2016 in Las Vegas. The tiremaker chose to announce these tires during the WasteExpo 2016 in Vegas because the SDS solid line is a perfect fit
Yokohama-ATG Deal gets CCI Nod
Yokohama Rubber Co. has received approval from the Competition Commission of India to acquire Alliance Tire Group (ATG). In March, Yokohama reached an agreement with global investment firm KKR and other concerned parties to purchase all of the shares of ATG in a $1.17 billion deal that is expected to close July 1, 2016. CCI
ATG Expands Farm Tire Lineup
Alliance Tire Group (ATG) has released five new sizes in its Alliance Agriflex and Alliance Agriflex+ lines of high-tech IF/VF farm tires. The new sizes are: Alliance 354 IF 320/105R50 Alliance 354 IF 380/90R54 Alliance 354 IF 320/90R54 Alliance 363 VF 380/90R46 Alliance 363 VF 270/95R54 “Alliance now offers more than 50 Agriflex and Agriflex+
KKR Poised to Exit Alliance Tire Group
Kohlberg Kravis Roberts & Co. (KKR) is considering selling its 90% stake in Alliance Tire Group, India media reports. ATG’s value is estimated at $1.5 billion, which would make the private equity exit the biggest from an Indian company. If KKR decides to sell its stake in ATG, the company will exit with a 30%
Alliance Flotation Tires at Use in Yellowstone
For more than 60 years, all winter vehicles in Yellowstone National Park had to run on rubber tracks. This 2015-2016 winter season, Buffalo Bus Touring Co. of West Yellowstone, Mon., will use Alliance Tire America Inc.’s low-pressure flotation tires to the test traversing the snows of the landmark park. Buses will be outfitted with 600/50R22.5
