The U.S. Tire Manufacturers Association (USTMA) and its member companies have thrown their full support behind H.R.3401, a bill aimed at strengthening the American tyre retreading industry. The legislation, reintroduced by U.S. Representatives Darin LaHood (R-IL) and Emilia Strong Sykes (D-OH), proposes tax credits for fleet purchasers of American-made retreaded commercial tyres, with the goal of bolstering domestic manufacturing, creating jobs and promoting sustainable tyre solutions.

Anne Forristall Luke, President and CEO of USTMA, said, "Approximately 15 million tyres are retreaded annually in the U.S., including nearly 44 percent of commercial truck tyres in the U.S. and Canada. By providing tax credits to fleet purchasers who buy American-made retreaded commercial tyres, we have a critical opportunity to support domestic manufacturing and strengthen our national economy. This legislation is about more than just tyres – it's about investing in American workers and promoting a sustainable and innovative manufacturing sector."

Tyre retreading is highlighted as a vital component of American remanufacturing, currently employing over 51,000 workers and supporting more than 268,000 jobs across the broader U.S. tyre industry. Retreaded tyres are characterised as a nearly 100 percent domestically produced product, primarily manufactured by small, independent businesses that typically employ between 10 and 60 individuals.

Despite its significance, the American tyre retreading sector has faced a substantial decline, with the number of facilities shrinking from over 3,000 in 1982 to just 500 at present. This decline is attributed, in part, to an increase in imports of foreign new tyres, about 65 percent of which are less likely to be retreaded due to their design and construction. This trend not only undermines efforts to build robust tyre recycling programs but also accelerates the decline of U.S. retreading facilities.

H.R.3401 seeks to revitalise the U.S. retreading industry by making fleet purchases of retreaded commercial tyres more financially appealing. This measure is expected to create high-quality manufacturing jobs, enhance supply chain resilience and bolster local economies.

Furthermore, retreading aligns seamlessly with the U.S. tyre manufacturing industry’s commitment to a circular tyre economy, aiming to reduce waste and minimise the environmental impact of commercial trucking. Compared to new tyres, retreaded tyres demand significantly fewer natural resources, contributing to lower carbon emissions and energy conservation. Specifically, retreaded tyres:

• Use 15 gallons less oil and 90 lbs. less material per tyre.
• Save 215 million gallons of oil annually in the U.S. and Canada.
• Reduce CO2 emissions by 24 percent.
• Reduce water consumption by 19 percent.
• Reduce air pollution by 21 percent.
• Keep 1.4 billion pounds of waste out of landfills each year.

"The retreading industry has long been a leader in sustainable manufacturing, but the sharp decline in domestic retreading facilities highlights the need for policy solutions that support this critical sector. We applaud Reps. LaHood and Sykes for their leadership in reintroducing this bill and ensuring that American-made retreaded tyres remain a key pillar of our economy and environment," concluded Luke.

Comments (0)

ADD COMMENT

Link Copied!

Grismer Tire & Auto Service, a tyre and automotive service centre operator backed by CenterOak Partners LLC, has named Chris Blanchette as Chief Executive Officer and Mark Hedstrom as Chief Financial Officer. The announcement marks a significant leadership transition for the portfolio company.

Blanchette arrives with over two decades of senior leadership experience in multi-site consumer services, specialising in operations, strategy and business development. He most recently served as Chief Executive Officer of Service Minds, a residential electrical, plumbing and HVAC services provider. His background also includes serving as Chief Operating Officer of QAS, which operates Valvoline Instant Oil Change locations, along with senior operational positions at Advance Auto Parts, Bridgestone Retail Operations and Best Buy.

Hedstrom brings more than three decades of finance expertise to his new role. He previously held the Chief Financial Officer position at W.S. Connelly & Co., a multi-regional specialty distributor, and has also served as Chief Financial Officer for several private equity-backed consumer and distribution companies.

Eric Holter, Managing Director, CenterOak, said, “Chris Blanchette brings highly relevant leadership experience in the automotive aftermarket. He has led complex, multi-location organisations and understands how to translate operational discipline into sustainable growth. Together, Chris and Mark add important depth to Grismer’s leadership team as the Company pursues expansion in existing and new markets.”

Blanchette said, “Grismer’s 90-year history and the trust it has earned with customers set the Company apart. I am excited to join a business with such a strong legacy and see significant

Comments (0)

ADD COMMENT

Link Copied!

The International Rubber Conference (IRC) will return to Japan in November for the first time in a decade, with more than 271 technical presentations and over 117 exhibitors expected to take part.

The event, known as IRC 2026 Aichi, will be hosted by the Society of Rubber Science and Technology, Japan, alongside the Rubber & Elastomer Technical Exhibition in Aichi. It is scheduled to run from 2^nd to 6^th  November, with the exhibition opening a day later and continuing until 6^th  November .

Held at the Aichi International Exhibition Center, also known as Aichi Sky Expo, the venue is located near Chubu Centrair International Airport and can be reached from Nagoya Station in about 28 minutes by train.

The conference programme will feature more than 271 presentations spanning rubber science, technology and industrial applications. Participants include James Busfield of Queen Mary University of London and Nobuyuki Tamura of Bridgestone Corporation, who also chairs the Japan Rubber Manufacturers Association. More than 400 delegates have already registered.

Running alongside the conference, the Rubber & Elastomer Technical Exhibition will host more than 117 exhibitors, ranging from raw material suppliers and machinery manufacturers to tyre makers and testing-equipment providers. The exhibition will be open to visitors free of charge.

The International Rubber Conference, first held in 1966, rotates annually across global host cities. The last event in Japan took place in Kitakyushu in 2016, with subsequent editions held in Haikou, Istanbul and Bangkok.

Comments (0)

ADD COMMENT

Link Copied!

Italian tyre major Pirelli has announced a multi-year investment plan worth approximately EUR 1 billion (USD 1.2 billion) to expand its manufacturing facility in Rome, Georgia in the United States. The motion passed by majority vote, with board members Zhang Haitao, Xi Xiaohong and Wang Kun voting against the proposal.

The capital expenditure program, scheduled to begin in 2027 and will go through 2033, aims to expand annual production capacity at the Georgia site to six million tyres and create approximately 1,000 jobs.

The United States represents the largest market for high-value tyres globally, accounting for roughly 40 percent of global volumes. The project will be carried out in two phases without altering Pirelli's financial targets for 2026.

Phase one of the expansion will introduce modular robotised production systems based on Pirelli's Modular Integrated Robotised System technology, scaling annual output to three million tyres starting in 2028.

In phase two, the company will begin construction of an automated production facility to add three million units of annual capacity. The expanded plant will produce connected tyre systems, including Cyber Tyre technology, following market authorisation granted by the US Bureau of Industry and Security under Italy’s 2026 Golden Power Decree.

Alongside the investment decision, the board approved an organisational restructuring resulting in the immediate elimination of the Corporate General Management function. As part of the changes, Corporate General Manager Francesco Tanzi will step down from his executive role, maintaining an employment relationship through 31 December 2026 to facilitate the leadership transition.

Under the terms approved by the board and the Remuneration Committee, Tanzi will receive a severance payment equivalent to 13 months’ remuneration, payable by February 2027, alongside accrued rights under existing short-term and long-term incentive plans. He has agreed to a two-year non-compete covenant covering Pirelli's primary operating regions in exchange for 130 percent of his gross annual salary, paid in eight quarterly instalments. Following the end of his employment, Tanzi will provide advisory services under a two-year consultancy contract with an annual fee of EUR 350,000, plus non-monetary benefits valued at EUR 45,000.

Comments (0)

ADD COMMENT

Link Copied!

Bridgestone has announced a European leadership appointment aimed at sharpening customer focus, streamlining engagement across product groups and supporting its ongoing growth plans. Stefano Sanchini will become President, Europe Sales, effective 1 October 2026, leading the company’s European sales organisation across both Consumer and Commercial segments.

The expanded role unites sales activities spanning passenger car, truck and bus, agriculture, off-the-road, motorcycle and original equipment. Sanchini brings over 20 years of international leadership experience in the automotive and tyre sectors, with a career covering Europe, Middle East, Africa and India. Since joining Bridgestone in 2017, he has held several senior positions, including Managing Director of Bridgestone India.

Most recently, as Vice President for Consumer Replacement in Europe, he helped strengthen customer engagement, commercial performance, profitability and regional market growth. Bridgestone said the appointment underscores its commitment to customer relationships, commercial execution and simpler cross-market operations. Sanchini will pursue sustainable growth while developing capabilities and partnerships supporting the company’s long-term European strategy.

Mete Ekin, Group President EMEA, said, "Our customers increasingly operate across multiple product categories and expect a consistent experience wherever they engage with Bridgestone. By bringing our sales activities together under one European structure, we are creating a simpler, more connected organisation that will help us respond faster, collaborate more effectively and continue building strong partnerships with our customers."

Comments (0)

ADD COMMENT

Link Copied!