Owner: Heavy Treaddin' URL:http://www.buybigtires.com/wordpress/ Join Date: Tue, 23 Sep 2008 11:13:58 -0500 Rating:0 Site Description: News and commentary for the OTR Tire industry. Site statistics:Click here
Why Disasters Help The OTR Tire Industry 2008-09-18 10:55:16 Let me start off this post by sending our sympathies and prayers to our friends and clients located in Texas and Louisiana. Living here in NC has given us just a taste of what you are experiencing right now.
Now, lets move on to a purely academic look at what the past two weeks have brought [...] Read more:Disasters
Who is American Tire Corporation? 2008-09-15 13:24:03 That’s the question I’ve been asking myself since I first heard of them. It was an abrupt introduction, when I stumbled onto their first press release last winter. It sticks in my mind, mainly because I asked most of the salesmen about them, and none of them had heard of them.
The guys in this office [...] Read more:American
, Corporation
Titan Raises Pricing: Rubber and Steel to Blame? 2008-09-09 12:41:12 When Titan raises pricing yet again on October 1st, the reason will once again be raw material costs. Now, with oil being in a relative freefall, you have to wonder where these extra costs are coming from.
Well, I will tell you. Natural rubber stocks are low, and there is speculation in that market, just like [...] Read more:Blame
, Pricing
, Rubber
, Steel
CMA Gains Prestige As a 2nd Tier Manufacturer 2008-08-28 11:23:38 Hi, everyone.
We’ve admired DoubleCoin for not being like all the other Chinese OTR tire manufacturers for awhile now. It seems that sentiment is picking up steam in a broader segment of the tire industry as well.
Tire Review Online has just done an exhaustive profile of DoubleCoin, and their chairman, Fan Xian. It stops just short [...] Read more:Manufacturer
, Prestige
Titan Says “You’re Just Jealous” 2008-08-22 13:13:29 It’s been a busy week in tire news, and Titan has just released their latest update on their 63’s.
We’ve heard rumors of these things failing in 24-48 hours in real world tests, including one report of the tires interfering with hydraulic systems. Now, this is currently only conjecture, based on hearsay, but that’s what we’re [...] Read more:Jealous
Goodyear To Give Union City Workers 2 Week “Vacation” 2008-08-19 13:04:32 We don’t usually cover light truck and passenger tires around here, with the exception of the Chinese dumping situation. However, several things are affecting the tire industry at once, and we thought it prudent to keep you abreast of the happenings.
It seems Goodyear is closing the doors of its Union
City, TN plant for two [...] Read more:Vacation
, Workers
“We’re Too Good For You Anyhow”, Says ATC 2008-08-19 10:38:47 In case you hadn’t heard, American Tire Corporation’s unsolicited bid for Goodyear’s Topeka, KS plant was rejected by Goodyear’s Board of Directors. ATC’s quest was at best, Quixotic. It was an odd play for a larger share of the OTR market, especially since Goodyear was not under any external pressure to sell.
Like all spurned suitors, [...]
USITC Affirms Chinese OTR Tire Duties 2008-08-15 10:57:42 At 11:00 AM EST, the USITC voted to affirm the current duties that it has placed on Chinese
OTR.
They will be issuing a complete statement later on today, which we link to in its entirety when made available.
The current statement is located here .
Stay tuned for updates to this post.
Update: 9/15/08 3PM EST
In the news [...]
Goodyear and Yokohama Raise Pricing on OTR Tires 2008-08-06 09:23:10 It’s time, once again, for the latest round of price increases: Drumroll, please!
Starting September 1st, pricing for Goodyear OTR will increase by 7%, and pricing on light and medium truck tires will increase by 10%.
Yokohama will have a more modest increase on OTR, which will come in at around 4%. Their medium and light truck [...] Read more:Pricing
Heavy Treaddin’: The (almost) All Titan Edition 2008-07-31 15:16:15 There have a been a few big blurbs in the industry that are worth mentioning this week, and to be quite frank with you, most of them have been in coverage of Titan. So without further adieu, we present “the (almost) All Titan Edition
” of Heavy
Treaddin’
Titan Puts Their First 63″ Tire into action
Highlight: The [...]
How the Olympics Will Affect the OTR Tire Shortage 2008-07-21 17:16:13 Hello again, faithful readers, OTR Prognosticators, and Viagra Spammers.
The Olympics
are upon us yet again, and athletes from all over the world will be turning in the performance of a lifetime. They have eaten correctly, trained for hours on end, and practiced their triple gainer, double flip, with a twist of lime umpteen thousand times. [...] Read more:Affect
, Shortage
Chinese OTR Duties Have Been Finalized - Sort Of 2008-07-11 09:45:11 Hey folks, we’re back with more information after a very quiet period for OTR news.
The UTC has finalized Chinese
Import Duties for dumping here in the US, and all I can say is “Wow”. The top penalty that has been imposed is a whopping 210.48 percent, plus an additional duties totalling 5.62 percent.
In an interesting [...]
Michelin and Belshina to Upgrade Capacity 2008-06-26 09:25:41 This past week, Michelin
and Belshina announced separately that they would be upping outputs by upgrading their facilities to produce more OTR Tires.
Michelin is making a $90M investment in their Lexington, SC plant. Michelin, unfortunately is not giving any details as to how much the plant will contribute to existing tire outputs.
Belshina, on the other [...] Read more:Capacity
Goodyear (or a bad year)? 2008-06-06 09:59:27 Any way you cut it, it’s a bad pun.
5 days ago, Goodyear raised it’s prices on OTR Tires a whopping 12%.
That stings a little. What hurts even more is the price of transporting tires in this environment. The cost of fuel is through the roof. Moving a container now runs a small fortune.
I don’t think [...]
“The Grizz” Is Back, and He’s Bringing an 81″ Tire with Him 2008-05-14 11:58:50 Morry Taylor is known for a few things: His gruff nature, a keen business sense, and a knack for engaging book titles( If “Kill all the lawyers…and other ways to fix the government” doesn’t grab your attention, what will?).
Now, “the Grizz”, (as he is known in industry circles) has set his sights on topping himself, [...]
Titan’s Profits Are Way Up 2008-04-29 11:29:54 Well folks, Titan Tire’s profits are way up.
How high? Well, 19% vs a year ago, and to the tune of 32.1 million in sales. I should have known that profits would be high, because my beloved Motley Fool Stock Advisor recommended them back on the 14th(just to let you know, folks here bought Marvel:[ MVL] [...]
American Tire Corporation Wants A Bigger Piece Of Pie 2008-04-24 12:42:46 It’s the end of April, and anything can happen, it seems.
American
Tire Corporation
, in what could only be called an “interesting” move, has proposed buying out Goodyear’s Topeka OTR Tire Plant. Huh?
This is the largest plant that Goodyear owns, worldwide, and ATC just wants to buy it. Who are they, Rupert Murdoch? Why in the [...]
Bridgestone Follows Suit 2008-04-09 12:16:15 If this wasn’t so easy, I would have to start selling my services as a psychic. These people are just too predictable.
We have received word from various sources in the industry that Bridgestone
is about to raise its prices, yet again. The magic number of 5-7% is back in play, as they will cite rising [...]
Yokohama Raises Pricing 2008-04-08 15:14:27 Just checking to let you know that Yokohama is raising it’s pricing on otr tires yet again.
5% is the magic number, and falls in that wonderful 5-7% range I always talk about. They claim it is due to rising raw material and manufacturing costs, but you have to wonder if they aren’t throwing in a [...] Read more:Pricing
CNN Money Picks Up Shortage Story 2008-03-31 13:01:59 CNN has finally picked up coverage of the OTR Tire shortage on their “Money
” site.
While Forbes and the WSJ have been covering this beat for a few years now, CNN has been slow to give the story exposure.
They cover the typical points: Low supply, High prices and demand.
They also quote a Bridgestone Rep. saying that [...] Read more:CNN
, Shortage
Should We Believe American Tire Corporation ? 2008-09-29 11:37:24 Okay, I just recently received yet another piece of propaganda Press Release from American
Tire Corporation
. While I don’t really want to pick on them yet again, they leave me no choice.
This one evidently has not yet been released to the wire services, but is floating around in emails to tire dealers around the nation.
I’m [...]
American Tire Corporation: The Saga Continues 2008-10-30 12:26:32 Well, folks. I’ve checked the server logs, and our posts on ATC are our most popular ever. Rarely a day goes by that I don’t check the logs and see someone down in Greenville, SC( it literally says Michelin when I check the ip address) reading our little posts here, or get a glimpse of [...] Read more:American
, Corporation
Titan Gets An Unfair Smackdown 2008-10-29 14:24:58 Look everyone, I know the markets are in trouble. I know that your 401K has probably dropped 30% in the past few weeks. But seriously. Titan near 10 bucks a share. This is an outrageous bargain.
Let me state for the record that Morry Taylor and I aren’t best buddies. I would cautiously call him someone [...] Read more:Smackdown
Morry Taylor Gets 4 More Years 2008-10-14 10:39:47 Even though “The Grizz” failed in his bid for President several years back, it has not kept him from being elected to another 4 year term as Chairman of Titan International (TWI-Click for current stock price).
Their current COO, Ernie Rodia, will be retiring, and will be replaced shortly. He will remain on the payroll as [...] Read more:Taylor
, Years
Goodyear Shuts Down Tire Line For A 3rd Week This Year 2008-10-13 15:04:58 Goodyear is shutting down their radial truck tire line in Topeka, KS for an entire week, starting today. The weakness in the economy and consumer demand were cited as reasons for the weeklong cessation of operations.
OTR Tire lines will be unaffected by the shutdown. The same goes for the lines that manufacture military tires. 500 [...]
Who Wants To Sell Hugo Chavez Tires? 2008-11-06 13:37:18 This morning, it came to light that Hugo Chavez
has taken over Venezuela’s largest gold mine. It was previously mined and operated by Crystallex Canada, according to the AP Report. While this is not surprising, given that Venezuela is governed by a Socialist Despot, the manner in which he did it is rather instructive.
You see, [...]
“Tire Retreader” Makes Salon’s “Worst Jobs Ever” Series 2008-12-13 22:54:22 Ok, I have to admit it. I occasionally read “snooty, left wing, elitist” blogs/news sites. You know, publications like “The New Yorker” and “The Financial Times”. Once in a great while, I run over to Salon
.com to read Camille Paglia’s column, and see what they have going on.
Such was the case tonight (I am writing [...]
Amidst Doom and Gloom, Morry is Merry 2008-12-09 15:06:06 Don’t tell Morry Taylor that we are in a recession. It seems that, like Rush Limbaugh, he is refusing to participate. According to a recent press release/news report, Titan will end 2009 with $920M to $1 Billion in overall revenue. That is not too shabby.
He’s also increased his revenue target to $1.175 to $1.35 billion [...] Read more:Gloom
, Merry
This Is What Happens When You Go On Vacation 2008-12-02 12:37:23 Hi, everyone. I am back from a much needed vacation, and am ready to roll. It seems like the good stuff always takes place when you are out of touch for a little bit.
Titan, it seems, had a little bit of a mishap with one of their giant tire curing machines last week. The pressure [...] Read more:Vacation
Recommend Site To A Friend
