BIRMINGHAM, England (Feb. 26, 2010)—Dunlop Aircraft Tyres Ltd. is buying aircraft tire-building and –testing equipment from Yokohama Rubber Co. Ltd., which is phasing out that type of tire from its production portfolio.
The deal covers tire building equipment for radial and bias-ply tires and testing equipment, including an additional dynamometer that DATL said will enable it to bring new products to market more quickly.
The equipment will be transferred to DATL's Birmingham factory “within a few months,” the company said. Financial terms were not disclosed.
Yokohama announced March 2009 it was phasing out aircraft tires, which it had made since 1940 at its plant in Hiratsuka City, Japan. At the time, Yokohama said aircraft tire sales were only a minor part of its business — less than $10 million in annual sales — and they had “no strong growth potential for the future.”
DATL said the move will allow it to expand its manufacturing capacity so it can boost its range with products such as radial main tires for the Boeing 777.