Tag: tyre manufacturing
Manufacturing at risk as Australia’s retread tyre sector faces steep decline, TSA report finds
Australia’s retread tyre manufacturing industry is at a critical juncture amid falling market share, declining facility numbers and growing pressure from imported single-use tyres, according to a new analysis released by Tyre Stewardship Australia (TSA).
Parliament launches inquiry into tyre manufacturing and recycling challenges
The House of Representatives Standing Committee on Industry, Innovation and Science has launched an inquiry into Australia’s tyre industry, examining its challenges, opportunities, and potential to strengthen domestic manufacturing within the circular economy.
Goodyear acquires Cooper for US$2.5bn
Tyre manufacturer Goodyear announced that it has reached an agreement to acquire Ohio-based Cooper Tire & Rubber Co. in a deal valued at approximately...
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Responding to manufacturing demand and performance signals
Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.
