Global mindset: New owners bolster Alliance Tire with investment package

Shaw, David
January 2008
Rubber & Plastics News;1/28/2008, Vol. 37 Issue 13, p20
Trade Publication
The article discusses the expansion plans of the new owners of Alliance Tire Co. Ltd. to make it a global leader in the off-highway tire business. It states that to achieve the goal, the owners of the company put together a $125 million investment package for an off-the-road tire plant in India, and plan to upgrade the company's existing plant in Hadera, Israel. The owners, Yogesh Mahansaria and A.K. Mahansaria, believe that they can acquire a strong foothold in the global marketplace.


Related Articles

  • Firms report gains.  // Tire Business;4/25/2005, Vol. 23 Issue 2, p4 

    The article reports on the financial performance of certain tire industries. Three tire industry companies reported sales and earnings growth in the first quarter, but one firm still is cautious about its outlook despite the gains. In the quarter, Alliance Tire Co. Ltd. reported slim earnings,...

  • Alliance Tire deal collapses. Moore, Miles // Rubber & Plastics News;2/10/2003, Vol. 32 Issue 14, p1 

    Reports on the withdrawal of $50 million offer by an American group of investors, for 51 percent stake in the Israeli tire maker Alliance Tire Co. Ltd. Factors responsible for the withdrawal; Speculations over resumption of the offer; Categories of tires produced by the company; Sales generated...

  • Alliance Tire aims to gain N American business. Davis, Bruce // European Rubber Journal;Apr2001, Vol. 183 Issue 4, p10 

    Deals with the plan of Alliance Tire Co. Ltd., a tire manufacturer in Israel, to build its North American business. Details of the operations of the firm; Efforts of the firm to improve its presence in the North American market; Information on the tire products of the company.

  • Middle Eastern tire production facilities.  // Rubber & Plastics News;9/9/2002, Vol. 32 Issue 3, p28 

    Presents a chart depicting tire production facilities in the Middle East. Plant location of Artawheel Tyre Co.; Unionized plant of Alliance Tire Co. Ltd.; Tire types of Goodyear Lastikleri Turk AS.

  • Trending 'positive'. Aichlmayr, Lisa // Tire Business;11/24/2003, Vol. 21 Issue 18, p9 

    With a new president, new products and a new focus on marketing, Alliance Tire Co. Ltd. has its sights on doubling the U.S. sales to $20 million within three years. For Hadera, Israel-based farm tire manufacturer, the goal represents regaining markets the company had lost in recent years to...

  • Alliance seeks to boost U.S. tire sales, profits. Aichlmayr, Lisa // Rubber & Plastics News;12/1/2003, Vol. 33 Issue 9, p9 

    Israeli farm tire maker Alliance Tire Co. Ltd. has a new president, products and focus, and aims to double its U.S. sales to $20 million within three years. Alliance president Yossi Anglister said the goal of the Hadera, Israel-based company is to regain markets the company lost in recent years...

  • Alliance/US deal collapses. Moore, Miles // European Rubber Journal;Mar2003, Vol. 185 Issue 3, p11 

    Reports on the decision of a U.S. investors' group to withdraw its plan to acquire Israel-based tire maker Alliance Tire Co. Ltd. Factors that contributed to the decision; Effect of the decision on the tire industry; Background of Alliance.

  • Equity firm buys Alliance Tire co.  // Tire Business;7/16/2007, Vol. 25 Issue 8, p1 

    The article offers two news briefs related to the tire industry. Private equity company Warburg Pincus LLC and Yogesh Mahansaria, former chief executive officer (CEO) of India-based Balkrishna Tyres, have completed a deal to buy majority control of Israel's Alliance Tire Co. Ltd. Hercules Tire &...

  • Directory of tire makers worldwide.  // Tire Business;12/6/2004, Vol. 22 Issue 18, p11 

    The article presents the directory of tire manufacturers worldwide. The name of some of the companies are Addis Tyre (Company), Aeolus Tyre Co. Ltd., Afamia General Tyre Co., Alliance Tire Co. Ltd., Anhui Kaiyuan Tire Co. Ltd., Apollo Tyres Ltd., Artawheel Tyre Co., Associated Ceat Pvt. Ltd.,...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics