Nokian Tyres plc will build a new tire factory in Romania in response to exiting and selling its operations in Russia. The tire company is looking to replace the Russian plant that as recently as 2021 had produced 80% of its passenger tires.
Passenger and light truck tire production at the Sailun Group's newest factory, in Cambodia, is underway. Tires there are being made to support the North America market, as well as select European regions.
Mahansaria Tyres Private Ltd. (MTPL) is manufacturing agricultural and construction tires in India, and in a first step to build a distribution network in the U.S., the company has acquired the majority stake in Tyres International Inc. (TI), an Ohio-based wholesale tire distributor.