Central Europe slowdown impact Nokian results

Nokia, Finland – Nokian Tyres plc has reported a 12.5% year-on-year decline in first half operating profit at €148 million, on 0.3% lower sales of €763 million.

The Finnish tire maker linked the decline in sales to weak car and tire sectors in Europe, which offset gains in the heavy tire segment during the first six months of the year.

“The competitive landscape in the Central European replacement car tire market is tight due to weakness in the OE segment, as there is a high supply of…

Read the source article at European Rubber Journal

Nokian Breaks Ground on Admin Building at First U.S. Production Facility

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Nokian Tyres has started construction on an administration building at its new factory in Dayton, Tennessee, its first production facility in North America.

The building will include meeting spaces, offices, a gym, garden and other amenities.

Nokian Tyres is partnering with EMJ Construction to construct the facility, which is scheduled for completion in mid-2020.

Read the source article at Tire Review

Nokian’s US factory produces first test tire

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Dayton, Tennesee – Nokian Tyres PLC has begun trial production at its factory in Dayton, keeping the plant on schedule to begin commercial-scale production by early 2020.

The first tire produced was a Nokian eNTYRE 2.0 passenger tire, size 205/55R16, Nokian said.

“The first tire milestone is significant for our production team, our employees throughout North America and our team around the globe,” said Mark Earl, Nokian Tyres senior vice president.

Read the source article at European Rubber Journal

Nokian heavy-tire expansion project at headquarters plant back on track

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NOKIA, Finland—Nokian Tyres P.L.C. reports an $82 million, 3-year expansion of commercial tire production at its headquarters plant in Nokia is back on track after falling behind schedule, company officials said recently.

The project, designed to boost annual capacity for heavy-duty tires by 50% to 32,000 metric tons by 2021, also includes the construction of a dedicated research and development center on site.

Read the source article at Rubber and Plastics News

Conti, Nokian on track with North America tire plants

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Dayton, Tennessee – Nokian Tires and Continental Corp. are on schedule for new manufacturing facilities in North America, increasing capacity and incorporating new technology.

Both companies are aiming for 2020 commercial production deadlines for their facilities, which are both located in the southern US, with Nokian in Dayton and Continental in Clinton, Mississippi.

Read the source article at European Rubber Journal

Nokian Tire introduces new excavator tire: Nokian Ground Kare

Nokian Tires unveils its latest addition to its excavator and backhoe loader tire range for meadows, roads and railways, the Nokian Ground Kare.

The recent trends in earthmoving include big, multi-function machines with heavy work attachments requiring bigger load-bearing capacity from a tire. Another change is towards faster and longer road transports, which means the tires must offer good road handling properties and withstand the wear and tear of paved roads.

Read the source article at Traction News

Nokian Tyres seeks to gain traction in North America with new factory – Reuters

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HELSINKI (Reuters) – Finnish tire maker Nokian Tyres expects its new U.S. factory in Tennessee to help it double its sales in North America, especially by expanding its all-season tire sales in the region, the company said on Thursday. The company, which has previously concentrated mostly on winter tire sales in Russia and Europe, said the new facility would allow it to seek growth in the significantly larger all-season tire market in North America.

Read the source article at reuters.com

Nokian on schedule to start production in early 2020 at U.S. plant

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DAYTON, Tenn. — Eighteen months after breaking ground on its first North American tire facility, Nokian Tyres P.L.C. is on schedule to begin producing tires commercially by early 2020.

Read the source article at Tire Business

Survey shows consumers want smart tires that adapt to the conditions

Increasingly more smart technology and artificial intelligence are being introduced into tires and vehicles.

According to a survey commissioned by Nokian Tyres, 34% of European drivers hope that in future, their tires will adapt to the weather conditions.

The Internet of Things is rapidly being introduced into consumer products. Sensors in these products can measure, identify and react to changes in the environment. A smart tire, for example, can monitor itself and its surroundings.

Read the source article at Tire Technology International

Nokian to begin hiring at Tennessee tire plant

DAYTON, Tenn.—Nokian has posted the “Help Wanted” sign outside of its tire plant in eastern Tennessee.

Read the source article at Rubber and Plastics News