RAMAT-HASHARON, Israel (May 5, 2014) — Tire manufacturing equipment supplier Pelmar Engineering Ltd. has hired Joseph Anglister, former chairman and CEO of Alliance Tire Co. (1992) Ltd., as its chief executive officer.
The Ramat-Hasharon-based supplier of new and used equipment and engineering services for the tire and rubber products industries, said Hagai Peled would continue to manage the group’s sales and marketing worldwide.
Mr. Anglister headed Alliance Tire from 2003-10, during which time the Israeli maker of farm, industrial and OTR tires was acquired by private equity company Warburg Pincus L.L.C. and Yogesh Mahansaria, former CEO of India-based Balkrishna Tyres Ltd.
“I look forward to managing the Pelmar Group, which has gained world recognition as a market leader in equipment and engineering related to the tire and rubber industry,” Mr. Anglister said. “I intend to enhance Pelmar's technical and technological capabilities worldwide.”
Mr. Anglister has run his own business, Anglister Management Consultancy, since parting ways with Alliance in late 2010.
Pelmar Group was established in 1966 by Jacob Peled as a supplier of new and reconditioned or rebuilt rubber processing machinery as well as technical and technological support, turnkey project evaluations, etc.
How have tire prices been in the last few months?
|They've gone up 1-5%||
|They've increased 6-10%||
|They've stayed flat||
|They've gone down between 1 and 5%||
|They've gone down 6-10%||
|They've dropped more than 10%||