Bridgestone Invests $60M to Expand Bandag Retread Manufacturing Plant
Bridgestone Americas will invest $60 million to expand its Bridgestone Bandag manufacturing plant in Abilene, Texas. The 50,000-square-foot expansion of the Abilene plant is aimed at the growing demand for the company’s tread rubber products, driven by the rapid growth of its retread business, Bridgestone says. The expansion includes an immediate increase in operational activity
Hankook Tire Plans $1.6B Expansion of Clarksville, Tennessee Plant
Hankook Tire announced that its board of directors approved a $1.6 billion investment to expand its Clarksville, Tennessee plant. The investment includes the previously planned phase two expansion that will double the production capacity of Hankook’s passenger car and light truck (PC/LT) tires and adds a phase three expansion with the company’s first U.S. production
An Inside Look at the Goodyear-Cooper Integration Process [Audio]
A little over a year ago, Goodyear acquired Cooper Tire for $2.5 billion, promising synergies among the two companies and streamlined services for dealers. So how are they doing that? What does it take to integrate two American powerhouse tiremakers? In this episode of What’s Treading with Tire Review, presented by AAPEX 2022, we speak
Nokain Tyres Boasts Savings from Solar Energy at Dayton Factory
In the first half of 2022, Nokian Tyres says it saved the energy equivalent of one million miles driven or two million pounds of coal by using solar power at its North American production factory. Nokian Tyres’ three-megawatt solar panels fully power the administration building at its Dayton, Tennessee campus and power a portion of production,
Nokian Tyres Initiates a Controlled Exit from Russia
Nokian Tyres’ board of directors recently decided to initiate a controlled exit from the Russian market. Due to the war in Ukraine and the subsequent, tightening sanctions it is no longer feasible nor sustainable for Nokian Tyres plc to continue operations in Russia, the company says. The exit preparations will start immediately, and the company
Pirelli Talks EV Tires for the Aftermarket, Investing in North America
You may not be seeing electric vehicles in your shop now, but, as market data predicts, they are coming, and tiremakers are preparing in a variety of ways to provide for this new vehicle segment. Thanks to its OE relationships and technology-driven development, one tiremaker that is making significant strides in this segment is Pirelli,
Mitas Opening New Two-Wheeler Production Facility In India
Mitas recently saw the formal inauguration of its newest two-wheeler tires production facility in India, aimed at serving the motorcycle market worldwide. This facility is the result of a joint venture with the Mahansaria Group, with the two companies combining their expertise to bring Mitas tire engineering into the two-wheeler tire market.
Nokian Tyres’ Dayton Factory Celebrates New Entrance, Growth
Nokian Tyres North American production factory has a new entrance to enable smooth transportation for the growing traffic in and out of the Dayton, Tennessee, campus. The company says its Nokian Tyres Drive opened in April to provide safer travel at the Dayton Factory. Nokian says the project is a result of collaboration between the
Pirelli To Invest $15M into R&D Hub at Mexico Facility
Pirelli has announced an investment of $15 million over a period of two years for the construction of an advanced technology and digitalization hub for tire production at its factory in Silao, Mexico. The heart of the investment will be the creation of the Italian company’s first R&D Center in Mexico, which will incorporate tire
Nokian Looks for Additional Capacity Amid Russian War in Ukraine
With a manufacturing plant in Russia and Ukrainian employees at war, Nokian Tyres has issued frequent updates on how the Russian invasion in Ukraine is impacting its business. This past month, Nokian issued a statement saying it is looking to diversify its geographic footprint in its manufacturing operations and is actively looking for additional manufacturing
Yokohama Halts Production at Russian Tire Plant
Given the current state of affairs and raw material procurement difficulties, Yokohama Rubber says it has decided to gradually halt production at its Russian passenger car tire manufacturing subsidiary, LLC Yokohama R.P.Z. Yokohama says it sincerely hopes that the situation in Russia and Ukraine will be resolved as soon as possible and that peace and
Bridgestone Suspends Tire Exports, Manufacturing in Russia
Bridgestone Corp. announced it is suspending production of passenger car tires at its manufacturing facility in Ulyanovsk, Russia, and is suspending tire exports to Russia this week due to Russia’s war on Ukraine. “The Bridgestone group is deeply saddened and concerned by the situation in Ukraine, and hopes for the restoration of peace and safety
