Tire Business - Tire Industry News, Manufacturing News & Analysis
1. Updated: Sumitomo to close U.S. tire plant; eliminate 1,500 jobs. 2. Goodyear's Stewart: No 'fire sale' for Dunlop brand. 3. Tire Business ranks the Top 75 tire makers of 2024. 4. Smaller deals shuffle Top 100 tire retail dealerships. 5.
Global Tire Report - Tire Business
Tire makers commit more than $6.5 billion to capex spending. Of the $6.5 billion tracked, more than 40% — $2.85 billion — is earmarked for projects in North America and 15% for Europe. Global Tire Report.
Discount Tire to acquire Tire Rack - Tire Business
Dec 3, 2021 · Discount Tire/America's Tire is ranked as the second largest independent retailer in the U.S. with 1,113 stores and annual sales of $5.17 billion in 2020, according to Tire Business research.. Mike Joines, who has led Tire Rack for 42 years, will join the combined organization as CEO of Tire Rack along with Matt Edmonds and Mark Veldman of Tire Rack's executive team.
News | Tire Business
U.S. job growth slows; strikes, storms disrupt labor market. The U.S. economy added a modest 12,000 jobs in October 2024, marking the final employment report before a pivotal election and Federal Reserve meeting. News.
Michelin, Bridgestone, Goodyear top tire makers again - Tire …
Aug 25, 2023 · The first change comes at No. 12, occupied this year by China's Sailun Group Co. Ltd., based on fiscal 2022 revenue of $3.29 billion. Group Michelin retained the No. 1 ranking with tire-related revenue of $28.3 billion, comfortably ahead of No. 2 Bridgestone's estimated tire-centric total of $26.6 billion. Goodyear — with a full year of ...
BTS Distributors celebrates relationships, family | Tire Business
Nov 16, 2023 · Today, the retail side of BTS is considered to be among the 20 largest independent dealership in the U.S., according to Tire Business ' 2023 Top Retail Dealership rankings. In addition to its wholesale arm, BTS also operates a commercial division and one retread plant. All told, the BTS companies generate north of $330 million in revenue annually.
Steve Shannon Tire opens first retread plant
Dec 30, 2021 · BLOOMSBURG, Pa. — Steven Shannon Tire & Auto Centers has ventured into retreading to support its growing truck-tire business and is working exclusively with Pre-Q Galgo Corp. as its tread rubber supplier. The dealership built a 9,000-sq.-ft. facility near its Bloomsburg headquarters to house the retread production.
Tire Business ranks Top 75 global tire makers in 2022
Aug 26, 2022 · The average sales per employee for the 24 publicly traded companies that provided employment data was $216,028, up 12.6% from the 2021 figure. Nokian Tyres P.L.C. had the highest sales per employee at $412,228, ahead of Toyo Tire Corp. at $347,259 and Balkrishna Industries as $336,327. The 37th annual Global Tire Report rankings, based on 2021 ...
TireHub launches independent dealer program | Tire Business
Jan 16, 2024 · Tire Business. ATLANTA — TireHub L.L.C., the national wholesale tire distributor co-founded by Bridgestone Americas Inc. and Goodyear, has unveiled its TireHub Plus program designed to support its independent tire dealer customers. TireHub Plus provides tools and services to help boost revenue, enhance profitability, attract new consumers and ...
U.S. AutoForce shakes up wholesale tire industry
Mar 15, 2022 · AKRON, Ohio — There was a seismic shift in the balance of clout among U.S. wholesalers in the past few months, as U.S. AutoForce solidified its position as the No. 2 independent wholesaler in the U.S. with its acquisitions of Treadmaxx Tire Distributors and Max Finkelstein Inc.. Those deals, carried out in October 2021 and January 2022, respectively, nearly doubled U.S. Auto-Force's ...