Connect with us

Automotive Aftermarket Manufacturing

RMA Sees 2.2 Percent Jump in Tread Stock Shipments

The Rubber Manufacturers Association (RMA) said that economic growth and a strong demand for off-the-road tires will fuel a 2.2 percent boost in tread rubber shipments for 2005 – up considerably from 2004’s 1.5 percent hike.

Advertisement

RMA cited “continued strength in construction, increases in the number of trucks, expansion in the manufacturing sector and positive freight trends” as reasons for the increase and said that growth will be sustained “through 2006 and 2007 at an annualized rate of 2 percent.”

Advertisement

The 2005 increase is the third straight jump in tread stock shipments, RMA said, which should bring total retread production in at 16.1 million total units.

_______________________________________

Click here to view the rest of today’s headlines.

Advertisement

POPULAR POSTS

Sponsored Content

Why OE Spark Plugs May Not Always Be the Best Option

Sponsored Content

Updating Your Shop’s Approach to Vehicle Filtration 

Connect
aftermarketNews