When Goodyear Tire & Rubber Co. bought out Toyo Tire & Rubber Co.'s 30% stake in their joint venture Nippon Giant Tire subsidiary on May 31, 2012, Goodyear said the reason was simple: It wanted to keep up with growing demand for OTR tires, particularly in Australia.
Tags: Joint venture, OTR tires, Plants
At a recent tour of Continental Tire the Americas LLC's tire facility in Mount Vernon, Ill., Benny Harmse, the plant's vice president of manufacturing, said truck tire production is in a state of flux.
Tags: GTY plant, Joint venture, Plant capacity, Truck tires
China Manufacturers Alliance LLC (CMA) is following through on its plan to release a consumer tire line for the North American market. That line will be Warrior.
Tags: Aaron Murphy, China, Consumer Tires, Joint venture, Plants
The announcement on Thursday, March 3, 2011, that Cooper Tire & Rubber Co. bought out Kenda Rubber Industrial Co. Ltd.'s 50% share in their joint venture plant in Kunshan, China, came from Cooper.
Tags: Jimmy Yang, Joint venture, Plant, Taiwan
Cooper Tire & Rubber Co. has reached an agreement to buy out Kenda Rubber Industrial Co. Ltd.'s share in their joint venture plant in Kunshan, China, for $116.5 million.
Tags: Consumer Tires, Hal Miller, Joint venture, Plant capacity
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