Nokian Tyres plc has opened a new tire warehouse in Shorewood, Ill., "that will help the company keep up with growing demand in North America and increased production at its factory in Dayton, Tenn."

In our latest exclusive interview with Peter Gibbons, CEO of TireHub LLC, we cover all the essentials, including the current state of tire supply, expansion plans, and what the potential Goodyear-Cooper deal could mean for TireHub and its customers.

Yokohama Tire Corp. will open a new, 430,000-square-foot distribution center in the Dallas suburb of Wilmer, Texas, this summer. The addition will give Yokohama four distribution centers in the United States.

Three Cooper Tire & Rubber Co. stockholders allege the tiremaker violated federal securities laws and have filed court cases related to Cooper’s pending acquisition by Goodyear Tire & Rubber Co.

Black's Tire Service Inc. hosted its 21st benefit golf tournament on March 19 and raised $201,021 for the Boys and Girls Homes of North Carolina. Since its inception, the annual event has raised more than $1.5 million for the homes.

TBC Corp. is celebrating its 65th year in business. “This is an incredible milestone for our company," says TBC President and CEO Erik Olsen. "We’ve achieved great success through the hard work, innovative spirit, passion and dedication of our 9,000-plus team members."

BTS Tire & Wheel Distributors, the wholesale distribution branch of Whiteville, N.C.-based Black’s Tire Service Inc., says more than 700 dealers attended its all-virtual dealer conference, which was held March 4-6.

Point S tire dealers in the U.S. had their best year ever in 2020. They sold 19% more tire units than the previous year and increased their overall sales by 20%. The cooperative added a record number of stores, expanded into five new states and bought its second wholesale operation in two years.

TireHub LLC has opened a new distribution center in West Palm Beach, Fla. It's a new market for the wholesaler, which previously served the region from its Fort Lauderdale and Miami locations.

As a combined company, Goodyear Tire & Rubber Co. and Cooper Tire & Rubber Co. represent 200 million tires sold, annual revenues of $17.5 billion and a business that would be 80% focused on the replacement tire business.

Sumitomo Rubber Industries Ltd. plans to invest $122 million to increase daily production capacity from 8,250 tires to 14,300 tires for passenger cars, light trucks and medium trucks at its plant near Buffalo, N.Y.

It used to be that flashy sports cars ruled the ultra-high performance (UHP) tire market. But the market has also expanded as the car parc has changed. With more vehicles tuned with more performance-focused features, tiremakers have followed suit with more complex tires. The result is a healthy UHP tire market — one dealers can't afford to ignore.