Bruce Davis Special Projects Reporter [email protected] See All Staff Page Recent Stories Trump tariffs clarified; tire price hikes to follow The verdict, finally, is in. It's a 25 percent tariff on passenger and light truck tires and 10 percent on all other tire types, with wholesale price hikes to follow. Goodyear to expand Okla. plant, its largest worldwide Goodyear's largest tire factory worldwide, its 46-year-old passenger tire plant in Lawton, Okla., is getting bigger by a factor of nearly a third. New firm proposes U.S. tire factory in Oklahoma A new company helmed by former Nokian Tyres and Cooper Tire executives is proposing to build a tire factory in Oklahoma dedicated to producing Tier 3 private-brand tires for North American markets. Sumitomo lays out ambitious growth plan through 2035 Pirelli evaluating U.S. plant capacity expansion Pirelli & C. S.p.A. is "evaluating material investments" in the U.S. to expand its manufacturing capacity as part of contingency plans drafted to address the impact of elevated U.S. import tariffs. Toyo selling majority share of China tire subsidiary Toyo plans to sell an 86-percent share interest in its Toyo Tire Zhangjiagang subsidiary to a Chinese investment company. Bridgestone to close Tennessee TBR plant Bridgestone is planning to close its LaVergne, Tenn., truck/bus tire plant and undertake additional workforce reductions in Iowa and in its corporate, sales staff. A look at the colorful history of the Dunlop brand Sumitomo Rubber Industries' deal to buy the rights to the Dunlop brand in North America and Europe from Goodyear reunites the brand globally under a single owner for the first time in nearly a quarter century. Michelin to sell Camso brand, other assets to Ceat Michelin is selling its Camso brand and a package of off-road tire-manufacturing assets in Sri Lanka to India's Ceat Ltd. for roughly $225 million. U.S. tire imports slow in third quarter The pace of importing passenger and truck/bus tires into the U.S. slowed measurably in the third quarter after growing by double digits in the first and second quarters. Sumitomo eyeing future production in North America Even as Sumitomo Rubber Industries moves to close its only U.S. tire factory, executives remain sold on the need for a manufacturing presence in North America. Hoosier’s growing consumer focus to include UTV tire line Hoosier Racing Tires' TrackAttack Pro extreme-performance summer tire line was the just the first of a number of consumer-facing product launches the company has in the pipeline. Specialty tire imports drop after years of double-digit growth Imports of specialty tires, which includes agricultural, construction, earthmoving, industrial, recreational, trailer, motorcycle, etc., fell measurably in 2023 from 2022. Yokohama leads way as cap-ex spending hits highs across tire industry Tire makers large and small have budgeted more than $13 billion in the past year toward new factories and capacity expansions. Mexico evolving into top 5 tire-producing nation Mexico is now on its way to becoming one of the five largest tire-producing nations on earth. Load More
