Toyota Material Handling U.S.A. recognized Magog-based Camso with its Core Value Award: Respect for People, while Toyota Industries Corp. gave Camso its Global Contribution Award. Both entities are involved in the production of materials-handling equipment such as forklifts.
This short animation from solid tire maker Camso highlights the static electricity hazards associated with non-marking forklift tires. Individuals driving forklifts equipped with these types of tires can receive static shocks of up to 50,000V, which is a real safety issue for companies.
It’s been a year since Camso launched the industry’s first non-marking anti-static (NMAS) forklift tyre, the Solideal PON 775 NMAS. The dominance of resilient tyres on UK and European forklift fleets means many in our part of the world are unable to use this press-on solution, but Camso has good news for these operators: It has now introduced a resilient NMAS forklift tyre, the Solideal RES Xtreme NMAS.
MAGOG, Quebec — Off-road tire maker Camso Inc. has launched an all-purpose bias agriculture/industrial tire, the MPT 732, that the company said was engineered to meet the requirements of the Europe, Middle East and Africa market.
Michelin has completed its acquisition of Camso under the terms released on July 12, 2018, having obtaining all of the necessary approvals for the transaction. Michelin purchased the solid tire maker for US$1.36bn.
With net sales of US$1bn, Camso has been developing OTR mobility solutions since 1982, including rubber tracks for farm equipment and snowmobiles, solid and bias tires for material handling equipment, as well as track and tire solutions for small heavy equipment.
ROME, Ga.–A judge in the U.S. District Court for the Northern District of Georgia has partially granted Camso U.S.A.’s motion for a motion to stay pending arbitration in a trademark infringement case involving off-the-road tires.
Michelin and Camso today reached an agreement whereby Michelin will acquire Camso, headquartered in Magog, Quebec, Canada, and whereby the two companies’ off-the-road (OTR) operations will be combined to form a new division to be managed from Quebec. Led by a set of common values and a strong tradition of innovation and R&D at both Michelin and Camso, and backed by high-quality teams, the strategic partnership makes the newly created entity the world leader in OTR mobility.
Reporting net sales of US$1 billion, Camso has been designing, manufacturing and marketing OTR mobility solutions since 1982. Camso is a market leader in rubber tracks for farm equipment and snowmobiles, and in solid and bias tires for material handling equipment. It also ranks among the top three players in the construction market, in track and tire solutions for small heavy equipment. Leveraging its technological leadership in tracks and related systems, its competitive manufacturing footprint, particularly in Sri Lanka, and strong customer awareness of its CAMSO and SOLIDEAL brands, Camso has demonstrated its ability to grow rapidly, expanding at an average pace of 7% per year since 2012.
Magog, Quebec — Camso Ltd. is planning to raise aftermarket prices globally in the coming months on its range of solid and pneumatic tires, tracks and track systems by between 1% and 6%.
Camso cited rising raw materials, logistics and other operating costs as the reasons for the increases. The timing of the increases will be based on market dynamics in North America, Europe, the Middle East and Asia Pacific, Camso said.
The materials handling industry has evolved significantly in recent years. Larger forklift models are using more specialized attachments to increase carry capabilities. These material movers now carry heavier loads in tighter spaces while moving faster. Add to this increased travel distance and less cool-down time between jobs and you can see the increase of intensity and demands on forklift tires.
Camso has acquired US firm Stanley Industrial Tires, which offers tyre service and distribution in Texas and Louisiana. The business has locations in Dallas, Waco, and Gladewater, Texas and one in Shreveport, Louisiana.