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It has a presence in global markets. CEAT produces over 165 million tyres a year and manufactures tyres for passenger cars, two-wheelers, trucks and buses, light commercial vehicles, earth-movers, forklifts, tractors, trailers, and auto-rickshaws. The current capacity of CEAT tyres' plants is over 800 tonnes per day. [4]
Panther Tyres [64] Pakistan: 1983 [65] Panther Tyres, Panther Tubes, Panther Lubricants, Panther Auto Parts Petlas Turkey: 1976 Petlas: Pirelli [66] [67] Italy: 1872 Agom, Courier, Metzeler, Pirelli, Formula [68] Ralf Bohle GmbH Germany: 1922 Schwalbe, Impac Rosava Ukraine: 1972 Rosava,Itegro Rupsha Tyres Bangladesh: 1991 Rupsha Asia, Tajwer ...
The company went public on 1 April 1961 and an office was established in Beirut, Lebanon to develop the export market in 1964 and its current logo of the muscleman was born. [5] In 1967, it became the first Indian company to export tyres to USA. [6] In 1973, MRF started manufacturing Nylon tyres for the first time.
In 1993, Kelani Tyres signed a tripartite agreement with CEAT Ltd of India and Associated Motorways (AMW) which resulted in the creation of Associated CEAT (Pvt) Ltd. In January 1999, Kelani Tyres entered into an agreement with Associated Ceat Holding Company (ACHL), and CEAT to set up a second joint venture , to unite tyre manufacturing.
In 2022, American Tire Distributors sold their Canadian operations (National Tire Distributors) to Groupe Touchette. [15] In October 2024, ATD filed for Chapter 11 bankruptcy protection for the second time, listing assets and liabilities between $1 billion and $10 billion. The company plans to sell itself to new owners in efforts to eliminate debt.
On 5 December 2006, Bridgestone Americas and Bandag, Inc. announced a merger agreement whereby Bridgestone would acquire Muscatine, Iowa–based Bandag, Inc., a leading truck tire re–treader that was founded in 1957 and had over 900 franchised dealers worldwide at the time. In announcing the merger, Bridgestone's president in Tokyo explained:
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