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Nexen's domestic market share increased from 8% to 20%, with annual sales exceeding $600 million. The company employs over 2,000 and currently exports to 120 countries. [2] Its major Korean competitors are Hankook and Kumho. The company's name, a portmanteau of next and century is reflected in its marketing tagline, "Next Century Tire."
In the United States, Yokohama was a tire supplier in the American Le Mans Series, including PTG (from 2005 to 2009) and Alex Job Racing. It was the official tire supplier of the IMSA GT3 Cup Challenge. [10] It has also participated in Red Line Time Attack, Nitro Rallycross and Stadium Super Trucks. [11]
In July 2012, CNOOC Limited, a major subsidiary of CNOOC headquartered in Beijing, announced its intention to acquire Nexen for C$15.1 billion. [8] The proposal was accepted by shareholders in September under interim chief executive Kevin Reinhart, [9] but was a matter of significant public and political debate in Canada.
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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 ...
However, now, bigger versions of the heavy-duty tire changers are designed to mount/demount tires up to 95 inches (2.4 m) in diameter and also feature a hydraulically operated self-centering four-jaw chuck with clamping jaws that can clamp from 14 to 58 inches (0.36 to 1.47 m) either from the wheel’s inside or from the center bore. [6]
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