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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]
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.
Titan Tire Corporation [79] USA: 1993 Goodyear (farm tires), Titan, Continental (OTR only) [80] Tigar Tyres Serbia: 1959 Tigar: Tomket Tires [81] [non-primary source needed] Czech Republic: 1997 Tomket (Czech brand of low category is made in China) Toyo Tire & Rubber [82] Japan: 1945 Nitto, Silverstone, Toyo: Trayal Corporation Serbia: 1955 ...
Michelin owned the leading automaker Citroën, so it was quickly able to introduce its new design, including on the new 1948 Citroën 2CV model. [8] In 1952, Michelin developed a radial truck tire. [9] Because of its significant advantages in durability and fuel economy, [10] this technology spread quickly in Europe and Asia in the 1950s and 1960s.
The Tweel airless tire design. The Tweel (a portmanteau of tire and wheel) is an airless tire design developed by the French tire company Michelin.Its significant advantage over pneumatic tires is that the Tweel does not use a bladder full of compressed air, and therefore cannot burst, leak pressure, or become flat.
The first Michelin Guide, published in 1900 The 1911 Michelin Guide for the British Isles. In 1900, there were fewer than 3,000 cars on the roads of France. To increase the demand for cars and, accordingly, car tyre, the car tyre manufacturers and brothers Édouard and André Michelin published a guide for French motorists, the Guide Michelin (Michelin Guide). [2]
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