Category: Industry News

JK Tyre launches 500th brand outlet in India

JK Tyre launches 500th brand outlet in India

Indian tyre-maker JK Tyre & Industries Ltd (JK Tyre) has opened its 500th outlet in the city of Muzaffarpur, Bihar. The Xpress Wheels outlet serves to provide JK Tyre’s exclusive customer service and consolidates the company’s presence in India’s tyre…

JK Tyre opens first retread centre in Nepal

India’s JK Tyre & Industries (JK Tyre) has inaugurated its first retread centre in Pokhara, Nepal. The strategically-located retread centre is fitted with advanced technology/machinery and trained manpower to cater to the potentially demanding market of truck tyres and will…

Vanseal acquired by Blue Point

Vanseal acquired by Blue Point

US custom moulded rubber, plastic and sealing components maker Vanseal Corporation, along with sister companies Ritus Corporation and Classic Molding, has been acquired by Blue Point Capital Partners (BPCP).  “This is an exciting new chapter for our engineering-driven platform, talented…

Nokian to cut jobs as part of cost-saving strategy

Nokian Tyres (Nokian), based in Nokia, Finland, is implementing several efficiency measures in their operational activities following increased costs from ongoing research and developments and employee recruitments. These include job cuts as well as structural changes in the tyre manufacturer’s…