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In 2005, the company was purchased by Sumitomo Corporation of America (SCOA), one of Japan's major integrated trading and investment business enterprises. In 2018, Michelin North America and Sumitomo Corporation of Americas combined their respective North American tire distribution and related service operations in a 50–50 joint venture ...
Sumitomo Rubber manufactures and sells tires under the Dunlop brand name in many countries including Japan, as well as sports goods in Japan, Taiwan, and South Korea. The Philippine Competition Commission has approved the regulatory filing for the said acquisition in the same year.
Titan Tire Corporation [79] USA: 1993 Goodyear (farm tires), Titan, Continental (OTR only) [80] Tigar Tyres Serbia: 1959 Tigar: Tomket Tires [81] [non-primary source needed] Czech Republic: 1997 Tomket (Czech brand of low category is made in China) Toyo Tire & Rubber [82] Japan: 1945 Nitto, Silverstone, Toyo: Trayal Corporation Serbia: 1955 ...
In 1999, Sumitomo and Goodyear began a joint venture by which Sumitomo continued to manufacture all Japanese-made tyres under the Dunlop name, while Goodyear Tire and Rubber Company bought 75% of the European and North American tyre businesses of Sumitomo. [10] The company has extensive manufacturing operations throughout the world.
January 3, 2018, Michelin North America and Sumitomo Corporation of America announced a definitive agreement to combine their respective North American replacement tire distribution and related service operations in a 50-50 joint venture.
Falken is a brand of passenger car, light truck, and medium truck tires owned by the Japanese company Sumitomo Rubber Industries (SRI). It was launched in its native country of Japan in 1983, and was introduced to the North American market two years later and in Europe in 1988.