The added capacity should be available by mid-2015, which could prove fortuitous should the U.S. government impose anti-dumping and/or countervailing duties on consumer tire imports from China.
Mr. Bajoria said JK and Tornel executives have met with Mexican President Felipe Calderone to request that tariffs on passenger tires imported to Mexico from China, currently at 15 percent, be continued or raised, pending the outcome of the U.S.'s decision on duties.
JK is still in negotiations with potential distributors/dealers, Mr. Bajoria said, so he declined to identify at this time the firm's targeted distribution partners in the U.S.
The company already has a toehold in the U.S., in New York City, via an OE supply agreement with Nissan Mexicana S.A. de C.V., which is building the Nissan NV200 van that is being used as a taxi in New York.
JK has the exclusive OE fitment on that vehicle, according to Salvador Tornel Ahumada, exports, offtake and marketing manager for JK-Tornel S.A. de C.V., and thus is able to gain valuable technical and market feedback.