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!

Balkrishna Industries Ltd. (BKT) has extended its partnership with Cricket Australia for a further three years, remaining the naming rights partner of the Golden Cap awards in the Big Bash League (BBL) until the end of the 2028-29 season. The renewal takes the partnership beyond a decade, making it one of the league's longest-running commercial agreements.

BKT has been an Official League Partner of the Big Bash League since 2018. The companies said the extension reflects their continued commitment to supporting the growth of Australian cricket while enhancing the experience for players and fans.

Over the course of the partnership, BKT has developed a strong presence across the Big Bash Leagues through its association with the tournament and fan engagement initiatives. The renewed agreement, the companies said, reflects a long-term relationship built on community engagement and a shared commitment to Australian cricket.

Rajiv Poddar, Joint Managing Director of BKT, said: “The extension of the partnership with the BBL has continued to evolve since 2018, bringing us to achieve significant milestones together. Australia remains a strategic market for BKT, and cricket is one of the country's most popular and passionately followed sports, bringing together millions of fans every year. That’s why we are pleased to continue supporting one of the world's most exciting cricket competitions through the 2028/29 season. We look forward to building on the success we have achieved together and creating lasting value for our stakeholders, partners and fans around the world.”

Alistair Dobson, General Manager of the Big Bash Leagues at Cricket Australia, said: “We’re thrilled to extend our partnership with BKT, who has been such a fantastic supporter of the Big Bash for nearly a decade. The BKT Golden Bat and BKT Golden Arm caps have long been popular with players and fans and a great way to celebrate the world-class batting and bowling across both the BBL and WBBL. BKT Big Bash Tipping also adds to the fan experience, giving fans another avenue to engage with the leagues and challenge their friends, families and workplaces. We’re looking forward to continuing to build on our strong relationship with BKT as this partnership extends beyond a decade in the coming years.”

The companies said they would continue to work together as the partnership enters its second decade, with a focus on innovation, fan engagement and the long-term development of Australian cricket.

Comments (0)

ADD COMMENT

Link Copied!

JK Tyre & Industries has appointed Pushpak Barik as Vice President – Replacement Business, reinforcing its domestic leadership team as the company looks to strengthen its presence in the replacement tyre market, according to a report.

In his new role, Barik will lead the strategic growth of JK Tyre's replacement business, with responsibility for expanding the company's replacement market portfolio, optimising channel performance and strengthening its retail footprint across India.

Before joining JK Tyre, Barik served as Head of Sales – Commercial Mobility at TVS Motor Company, where he led initiatives to accelerate business growth in the commercial mobility segment.

He brings extensive industry experience, having held leadership positions at Continental, Ashok Leyland, Bajaj Auto and Tata Motors. His expertise spans sales leadership, channel development, commercial mobility, strategic partnerships, network expansion and business transformation.

JK Tyre said Barik's experience in driving profitable growth, strengthening distribution networks and expanding market presence will support the company's next phase of growth in the replacement business.

Comments (0)

ADD COMMENT

Link Copied!

Nokian Tyres has announced the promotion of Tiina Frazer to Senior Vice President of Brand, Marketing and Communications, effective 1 August 2026. In addition to her new executive role, she will join the company’s Management Team, operating from the headquarters in Helsinki, Finland, and reporting directly to President and CEO Paolo Pompei.

Frazer originally joined the Finnish tyre manufacturer in September 2025 as Vice President for the same functional area. Her professional background includes a tenure as Vice President of Brands and Marketing at HKFoods Finland Oy, along with prior senior leadership roles at Lumene, Roche Pharmaceuticals and Fiskars, bringing extensive cross-industry experience to her expanded responsibilities.

Paolo Pompei, President and CEO, Nokian Tyres, said, “I am delighted to welcome Tiina to the Nokian Tyres Management Team. Her experience in building impactful brands make her an excellent addition to our team as we continue to strengthen our premium position in our key markets.”

Comments (0)

ADD COMMENT

Link Copied!

Fornnax Technology has taken a decisive step to strengthen its European footprint by formalising a service partnership with industry veteran Lukas Baur of NOBA Maschinenservice. The agreement, ratified by company CEO Jignesh Kundaria, transitions the Indian manufacturer’s support model from remote coordination to an on-the-ground operational presence. This strategic alignment is designed to address the growing demand for immediate technical intervention across the continent’s recycling sector.

Based in Worbis, Germany, Baur commands a fully integrated service infrastructure that includes a 1,000-square-metre workshop fitted with a 5-tonne crane system, a dedicated hydraulic bay and specialised tooling for bearing replacements. His mobile response unit comprises 12 Mercedes Sprinter vans and a workforce of 24 certified technicians, enabling rapid deployment across a 1,000-kilometre radius. This setup guarantees that Fornnax customers can expect emergency assistance within 24 hours of a service call.

Baur’s professional history spans over 20 years of hands-on work with prominent shredder brands such as Eldan, Lindner and Vecoplan, giving him intimate knowledge of the operational challenges faced by European plant operators. His decision to join forces with Fornnax was driven by the manufacturer’s distinctive combination of competitive pricing, rugged construction and advanced wear-resistant engineering. He recognised that the current market turbulence – marked by tight margins, postponed capital expenditures and a dwindling labour pool – demanded a partnership capable of delivering both technical depth and logistical speed.

Under the new arrangement, Baur assumes full responsibility for the entire equipment lifecycle, covering system commissioning, scheduled upkeep, urgent breakdown recovery and the supply of mechanical, hydraulic and electrical components. He has also expressed a long-term vision to transform his Worbis facility into a regional spare parts consolidation centre, particularly if Fornnax opts to stock inventory at that location. To match anticipated growth, he plans to augment his fleet and technician count by two to three units annually.

This collaboration signals Fornnax’s broader commitment to building a dedicated European service network rather than relying on generalized support structures. With Baur’s proven capabilities now formally integrated, the company aims to deliver faster resolution times and technically nuanced assistance that aligns with the high-throughput demands of modern recycling operations. The partnership ultimately positions Fornnax as a formidable contender in the European shredding equipment landscape, with service excellence as its cornerstone.

Jignesh Kundaria, Director and CEO, Fornnax, said, "We strongly believe that by continuously improving our service quality and customer satisfaction index, we can build long-term relationships with our customers. Higher customer satisfaction leads to greater trust, which significantly increases repeat orders and ultimately drives sustained growth in our sales revenue."

Comments (0)

ADD COMMENT

Link Copied!