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In February 2008, Michelin bought the remaining shares of Tigar Tyres for $47 million. With this acquisition, Michelin would become 100 percent owner of the company by 2010. [3] In 2012, Michelin planned to invest 170 million euros in production capacity and employ 700 more workers over 5 years. [4]
Prior to the late 1990s introduction of the Michelin PAX System [1] run-flat technology, both Michelin and Goodyear had introduced a "zero-pressure" run-flat technology, meaning that a pneumatic (air pressure-supported) tire could support itself with no air pressure. The new zero-pressure tire was a modified standard tire, constructed with a ...
The Michelin TRX, (and the related TDX), is a radial tire introduced by the Michelin Group in 1975. It is one of the first volume-produced low-profile tires. Although technologically advanced, and reasonably successful, the tire's requirement for a non-standard rim ultimately condemned it to a relatively short commercial life.
Michelin (/ ˈ m ɪ ʃ əl ɪ n, ˈ m ɪ tʃ əl ɪ n / MISH-əl-in, MITCH-əl-in, French:), in full Compagnie Générale des Établissements Michelin SCA ("General Company of the Michelin Enterprises P.L.S."), is a French multinational tyre manufacturing company based in Clermont-Ferrand in the Auvergne-Rhône-Alpes région of France.
They purchased The Giant Tire & Rubber Company of Akron, a tire-rebuilding business, in 1920, and in 1922 moved the business to Findlay, Ohio, [3] at a site at the intersection of Lima and Western avenues that is still occupied by Cooper Tire, adjacent to The Cooper Corporation facility. The Cooper name originates from 1919 when Cincinnati auto ...
Road Atlanta (known for sponsorship reasons as Michelin Raceway Road Atlanta) is a 2.540 mi (4.088 km) road course located just north of Braselton, Georgia, United States. The facility is utilized for a wide variety of events, including professional and amateur sports car and motorcycle races, racing and driving schools, corporate programs and ...
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