Expansion
Tire-servicing materials and equipment supplier Rubber Inc. has opened a branch in Charlotte to service the needs of tire dealers throughout the Southeast.
Tire Discounters added three outlets in the Atlanta metro area in recent weeks, including one by acquisition, expanding the dealership's footprint there to 14 locations and to 194 points of sale overall.
Maxam Tire's new facility in Houston features 244,000 square feet of warehouse space for specialty tires.
Balkrishna Industries has reconsidered a plan to keep open a 32-year-old factory in Waluj, India, and instead will redirect funds to a new plant built nearby.
Big O Tires expects franchisees to open 10 retail locations in the first quarter, as it progresses with plans to spread the TBC Corp. franchise program nationwide.
The new 400,000-sq.-ft. distribution center in Dallas is scheduled to open in April to serve customers in 15 Southern and Midwestern states.
Bridgestone Corp. is planning to increase capacity and upgrade technology at a tire plant in Pune, India, with a three-year, $75 million investment in response to increasing market demand.
Point S' five-year strategic vision, revealed during the 2023 Dealer Conference and Trade Show, has the group growing to 500 locations in all 50 states in five years.
Cooper (Kunshan) Tire Co., part of Goodyear since 2021, is planning to invest $200 million to increase production capacity for radial passenger tires at its plant in Kunshan, according to information from Kunshan Development Zone.
Nexen Tire Corp. has secured funding valued at $322 million to grow capacity at its four-year-old plant in Zatec, Czech Republic.