Balkrishna Industries Ltd. (BKT) posted net income of more than 1.7 billion rupees on net sales of 11.9 billion rupees for its first quarter ended June 30, 2019.
Nexen Tire Corp.'s new tire plant in Europe is getting ready for its close-up. On Aug. 28, 2019, the manufacturing facility in Zatec, Czech Republic, will hold its grand opening as part of the company's "The New Wave for the Future" ceremony.
Goodyear Tire & Rubber Co. will upgrade its passenger and light truck tire plant in Fayetteville, N.C., with the help of up to $30 million in grants from the state Job Maintenance and Capital Development Fund.
Toyo Tire Corp. plans to expand annual production at its Toyo Tire North America Manufacturing Inc. manufacturing facility in Bartow County, Ga., by more than 1 million tires.
The four-year labor agreement between the United Steelworkers (USW) and Cooper Tire & Rubber Co.'s Clarksdale, Miss., bladder and mixing facility is tentative no more.
Marangoni Tread North America Inc. is expanding its Tennessee production facility following a year of increased unit sales and growing demand for the XP Extreme Performance line.
Nokian Tyres plc has hired two people outside the industry to join its leadership team in North America.
Prometeon Tyre Group, the maker of Pirelli-brand truck, bus, farm and off-the-road tires, is dramatically expanding its production capacity in Turkey.
Bridgestone Americas Inc. will spend $12 million to expand production at its Bloomington, Ill., off-the-road tire plant. The expansion means for the first time the company's 29-, 33- and 35-inch OTR tires will be made outside of Japan.
Nearly 1,000 global partners of Shandong Linglong Tire Co. gathered in Jingmen, Hubei Province in China, for the foundation stone laying ceremony of the company's fourth domestic tire plant.
Nokian Tyres plc is increasing production capacity for passenger car tires at its factory in Nokia, Finland, by approximately 30%. The tire maker will hire 80 new employees and run nine additional shifts each week.
Hankook Tire Co. Ltd. wants to build its medium, heavy truck and bus tire business across the globe, and the company is planning to add commercial truck tire production lines to its factory in Hungary.
Global Rubber Industries Pvt. Ltd. -- GRI for short -- officially opened its specialty tire manufacturing facility in Sri Lanka on Jan. 25, 2018.