Goodyear and Bridgestone Announce Consolidation of US Tire Distribution Business

According to foreign media reports, on April 16, 2018 local time, Goodyear and Bridgestone decided to merge the US tire distribution business and set up a new company. The new company is named TireHub LLC and is headquartered in Atlanta, USA. After the merger of the two businesses, the company has more than 80 tire sales outlets in the country. Its fair value (Fair Value) was set at about 600 million US dollars (about 3.767 billion yuan). According to the plan, the two tire manufacturers each account for 50% of the shares of TireHub. The entire transaction is expected to be completed in the middle of 2018.
Goodyear said that TireHub's start-up capital will cost 40 million US dollars (about 251 million yuan), which will be shared by them and Bridgestone.
TJ Higgins, head of Bridgestone North America, said: "For US distributors and retailers, it is critical to be able to provide customers with satisfactory tires on time."
He believes that the establishment of TireHub can provide more tire options for end customers.
According to Goodyear's estimates, before 2020, TireHub's annual operating income could be increased by 80 million to 100 million US dollars (about 502 million-6.28 billion yuan).
Some analysts believe that the tire distribution business in the US market is in the stage of integration. Not long ago, Michelin and Sumitomo Corporation jointly established NTW to achieve a win-win goal.

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Spare parts warranty of 24 months

After sales services and maintenance on demand.



Technical Data:

Model No. TTAC-07HCWa TTAC-07HCWa TTAC-12HCWaS TTAC-12HCWaS TTAC-18HCWaS TTAC-18HCWaS TTAC-40HCWaS TTAC-70HCWaS
Type Horizontal Vertical Horizontal Vertical Horizontal Vertical Horizontal Horizontal
Cooling capacity kW 7.00 7.00 12.00 12.00 18.00 18.00 40.00 70.00
Heating capacity kW 7.70 7.70 13.50 13.50 19.50 19.50 45.00 77.00
Electric Heating kW 3.00 3.00 4.00 4.00 6.00 6.00 8.00 15.00
Rated cooling power input W 2550 2550 4150 4150 7000 7000 17500 30200
Rated heating power input W 2650 2650 4450 4450 8500 8500 18500 31400
Rated cooling current input A 12.2A 12.2A 7A 7A 11.7A 11.7A 29.5A 51.1A
Rated heating current input A 12.7A 12.7A 7.5A 7.5A 13.2A 13.2A 31.2A 53.0A
Evaporating side airflow m3h 1000 1000 2000 2000 3000 3000 5500 5500
Condensing side airflow m3h 3500 3500 5000 5000 10000 10000 22000 22000
Air pressure Pa 200 200 200 200 200 200 200 200
Compressor MFG GMCC GMCC PANASONIC PANASONIC PANASONIC PANASONIC PANASONIC PANASONIC
Evaporating side Noise dB(A) ≤40 ≤40 ≤45 ≤45 ≤48 ≤48 ≤52 ≤52
Condensing side Noise dB(A) ≤55 ≤55 ≤60 ≤60 ≤65 ≤65 ≤70 ≤72
Net Weight kg 110 125 180 200 250 260 380 780
Dimension (L x W x H)) mm 1150×710×820 740*620*1120 1280×930×1000 835*735*1275 1400×1080×980 930*850*1380 2100*1100*1210 2800*2100*1210



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