US 2018 Market Data: Shipments up, production down
Akron, Ohio – A funny thing happened on the way to the anticipated revival of US tire manufacturing — production fell in 2017 for the second straight year.
Despite billions of dollars of investment in capacity expansions, the opening of three tire factories in the US in the past couple of years and record aftermarket shipments, US output of passenger and light truck tires fell in 2017, according to the latest industry data from the US Tire Manufacturers Association (USTMA).
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