Goodyear Advances Connected-Business Model With Automated Tire Facility - aftermarketNews

Goodyear Advances Connected-Business Model With Automated Tire Facility

The tiremaker says growth in vehicle models and options is driving increasing demand for premium tires.

Advancing its connected-business model, The Goodyear Tire & Rubber Co. has announced plans to create a new facility in Luxembourg that utilizes an innovative production process to meet growing customer and consumer demand for premium tires.

Named Mercury, the proprietary process features highly automated, interconnected workstations, using additive manufacturing technologies to efficiently produce premium tires in small-batch quantities on-demand for replacement and OE customers.

Richard Kramer, Goodyear chairman, CEO and president, announced Mercury and the company’s plans at the groundbreaking event for the facility located in Luxembourg.

“Mercury addresses the increasing complexity in the tire industry as the number of vehicle models and options available to consumers continues to proliferate,” said Kramer. “It gives us the capability to increase our speed and flexibility to meet the growing demand for small volumes of high-margin, premium Goodyear tires and to deliver them to customers on demand, faster than ever.”

“Mercury will advance our connected business model, which aligns all of our assets – from the production floor to consumers who choose Goodyear online and at retail,” he added. “It will complement our existing high-volume facilities and give us a true competitive advantage.”

The new facility, set to open in 2019, is in close proximity to Goodyear’s Luxembourg innovation center and tire proving grounds. The company is investing $77 million in the facility, which will produce approximately 500,000 tires annually and create approximately 70 new, full-time positions.

The technology used in the Mercury production process was developed and tested over the past five years at Goodyear’s innovation and development centers. The name Mercury is a reference to the mythical god of trade and travel, which inspired the creation of Goodyear’s winged foot logo by company founder Frank A. Seiberling.

You May Also Like

India Auto Market: Transition from ICE to Smart Mobility

Bhatia discusses what is needed for India to emerge as a globally competitive manufacturing and export base, among other related topics.

India-Auto-Market-Transition-from-ICE-to-Smart-Mobility

GlobalAutoIndustry.com’s latest Audio Interview “The Fast Growing India Auto Market: The Transition from ICE to Smart Mobility” features Ravi Bhatia.

Bhatia is the president and board member of JATO Dynamics India. He is a senior Industry leader with more than 20 years experience in the automotive industry and has worked with leading OEMs like Maruti Suzuki and FIAT Chrysler across various functions like Product Planning, Sales, Dealer Development and Strategy. He has a deep understanding of the industry and is a keen observer of commercial and technical forces reshaping and transforming the industry.

MEMA Aftermarket Suppliers to Present at TAYSAD Conference

Philip Atkins will provide insights into the current state and future trends of the automotive and commercial vehicle aftermarket.

MEMA-Aftermarket-Suppliers-to-Present-at-TAYSAD-Conference
DGI, EVage Motors Partner on Electric Drive System in India

They will target the Asian EV market, offering far more efficient electric trucks, resulting in longer life and a reduced cost of ownership for fleet owners, the companies said.

REE Automotive Exhibiting at ACT Expo 2024

The company said it is expanding its full by-wire EV offering and will showcase its software-driven approach to EVs.

REE-Automotive-Exhibiting-at-ACT-Expo-2024
Nexus Digital N! Climate Day Focuses on Sustainability Solutions

Industry leaders unite to drive sustainable solutions across global supply chains, featuring key updates and expert discussions.

Environmental-Sustainability-generic

Other Posts

The Nearshoring Boom and Its Impact on Mexico’s Talent Landscape

Ruiz discusses how the rise in nearshoring opportunities has influenced employment trends in Mexico, among other topics.

JoseRuiz-The-Nearshoring-Boom-globalautoindustry.com_
Automotive, Mining Sectors to Meet for Battery EV Conference

The 2024 BEV In-Depth conference in Ontario, May 29-30, will explore the EV battery supply chain and zero-emission vehicle advancements.

EV-Batteries-Generic
Hyundai’s Sung Woo Shin Joins Stradvision Board of Directors

Sung Woo Shin brings more than 20 years of automotive industry expertise to advance autonomous driving tech.

Hyundai_Motor_Company_s_SUNG_WOO_SHIN
XPeng Announces Vehicle Delivery Results for April

With cumulative deliveries nearing 10,000 units since its launch, XPeng remains the top-selling all-electric MPV in China, the company said.