Tyre crisis spills over to machinery makers

By David Shaw, ERJ staff

Hamburg, Germany — Many machinery companies are facing a tough time as tyre makers cut back on capital investments. Although there are a few bright spots around the world, most machinery makers said there are very few contracts available currently.

The bright spots are India, the Middle East and a few projects in South America. Projects in China, Europe and North America have virtually dried up, according to machinery makers at the Tire Technnology expo event currently…

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