EDMONTON, Alberta (April 24, 2000)—Canadian Treads Corp., Canada´s fourth-largest truck tire retreader, will move its 9,000-sq.-ft. retread plant in Edmonton to a 13,000-sq.-ft. facility in the city by late summer.
The firm will keep the plant´s production capacity at its current level of about 28,000 tires per year but wants to increase its storage space, said Controller Lorne Kuziemsky.
Canadian Treads operates five retread plants—in Edmonton and Calgary, Alberta; Saskatoon, Saskatchewan; and Surrey and Penticton, British Columbia—using materials and equipment from Oliver Rubber Co.
The Saskatoon plant was opened in May 1999, expanding the company´s reach eastward. Its output contributed to the company´s 13.6-percent increase in production last year over 1998.
Canadian Treads now averages 390 units per day and posted sales of $11.3 million (Canadian) in 1999. The company has no commercial sales outlets of its own, but is a key supplier to Tirecraft Auto Centers Ltd.´s 16 commercial locations.
Besides the Edmonton relocation, Canadian Treads has no plans for further expansion in 2000, Mr. Kuziemsky said.
The company has, however, expanded its marketing territory. During the past year, Canadian Treads began selling retreads into Washington state from its plant in Surrey, a Vancouver suburb just a few miles from the Canadian-U.S. border.