Suppliers

Sumitomo Is Adding Truck, Bus Tire Production in Africa

Posted on May 6, 2016

In response to the increasing demand for truck and bus tires in Africa, Sumitomo Rubber Industries Ltd. is expanding production at its factory in South Africa.

Sumitomo's tire plant in Africa will be adding truck and bus tire production. It currently has the capacity to produce 10,000 passenger tires a day.
Sumitomo's tire plant in Africa will be adding truck and bus tire production. It currently has the capacity to produce 10,000 passenger tires a day.
The investments total 910 million rand (approximately $55 million).

Sumitomo says in recent years, demand for tires in African markets has grown steadily in tandem with rapid economic growth, and the tire maker anticipates even more growth in the near future. Until now, the South Africa factory has produced tires solely for passenger cars and light trucks.

In 2014, Sumitomo announced a 1.1 billion rand (approximately $66 million) investment plan with the goal of enhancing the factory’s production capacity and product quality, especially with regard to high-performance tires. The company now is making an additional 910 million rand investment in the installation of production equipment for truck and bus tires.

At present, Sumitomo Rubber South Africa Ltd. supplies truck and bus tires to African markets. With this new investment plan, the company will gain production facilities for truck and bus tires within the continent, ensuring a steady supply of locally produced tires for the immediate markets. As a result, Sumitomo says it will strengthen tire sales business in Africa and simultaneously accelerate the pace of the global growth and development of the Sumitomo Rubber Group.

Sumitomo Rubber North America Inc. is a wholly owned subsidiary of Sumitomo Rubber Industries Ltd.

Related Topics: Africa, African Tire Market, bus tires, Sumitomo Rubber Industries Ltd., Truck tires

Comments ( 0 )
More Stories
News Yokohama’s Profits and Sales Are Up in First Three Quarters of 2017

Yokohama Rubber Co. Ltd. posted net income of 16.7 billion yen on net sales of 466.8 billion yen for the first three quarters of the year ended Sept. 30, 2017. That compares to income of 8.5 billion yen on sales of 410.2 billion yen in the year-ago period.

After 35 years with Michelin, Pete Selleck is retiring at the end of 2017 as chairman and president of Michelin North America.
News Michelin's Pete Selleck Is Retiring

Pete Selleck, chairman and president of Michelin North America Inc., will retire at the end of 2017.

News New Stant Program Offers Cabinets That Pay for Themselves

Stant USA Corp.’s new cabinet program allows customers to fill their new cabinets with free Stant cap and thermostat products.

News ContiTech Consolidates 2 Georgia Textile Plants

Continental AG's ContiTech division is consolidating two textile facilities in Georgia, both of which make elements used in tire production. The company also is investing more than $9 million to update the surviving Barnesville facility.  

News Centric Parts Releases 2018 Brake Systems Catalog

The 2018 edition of the Centric Parts brake systems catalog has 794 new part numbers, including new StopTech GCX rotors and Tactical brake pads.

News Scholarships for CNC Machining Training Are Available Through TechForce

The nonprofit TechForce Foundation is administering a new scholarship program to support students enrolled in the CNC (computerized numerical control) Machining Technology program at Universal Technical Institute’s (UTI’s) NASCAR Technical Institute in Mooresville, N.C.

The Galaxy YM SDS tire from Alliance is available in 21 sizes in both smooth and treaded patterns.
News Alliance Adds Galaxy YM to Solid Tire Lineup for Forklifts

Alliance Tire Americas Inc. is expanding its line of severe-duty solid tires with the Galaxy YM press-on band tire for forklifts.

BKT's new tagline "effectively conveys the essence of BKT brand."  
News BKT Promotes Togetherness in New Tire Tagline

Balkrishna Industries Ltd. (BKT) is introducing its new "A Long Way Together" campaign at Agritechnica 2017. The event, which began Nov. 12 in Hanover, Germany, will run through Saturday, Nov. 18.

News Michelin Buys 2 Tire Pressure Control Companies to Create Farm Tire Solutions

Michelin Group has acquired two manufacturers of tire pressure control systems with one goal in mind: to become the global leader for central tire inflation systems (CTIS) in the agricultural market. It also marks Michelin's entrance into the larger world of providing solutions to farmers beyond tires.  

"The OTR industry is very closely associated with GDP, because a huge part is dependent upon construction,” says Yokohama’s Bruce Besancon.
News Yokohama's Besancon: Expect OTR Tire Sales to Grow More Than 5% in 2018

Bruce Besancon, senior director of OTR sales for Yokohama Tire Corp. (YTC), has spent more than 30 years working in the OTR tire market. Prior to joining Yokohama in April, he was vice president of marketing at Alliance Tire Americas Inc.

News Hunter’s ‘WalkAway’ Innovation for Revolution Tire Changer Wins Global Honors

Hunter Engineering Co.’s Revolution tire changer with WalkAway operation was recognized as a 2018 Global Media Award winner at the 2017 Specialty Equipment Market Association (SEMA) Show.

News Pirelli's 2018 Calendar Revisits a Literary Classic

The 45th edition of the Pirelli calendar revisits the classic “Alice’s Adventures in Wonderland” through the camera lens of British photographer Tim Walker.

Be the First to Know

Get the latest news and most popular articles from MTD delivered straight to your inbox. Stay on top of the tire industry and don't miss a thing!