Amerityre sales drop amid slow demand

Boulder City, Colorado — Amerityre, which makes polyurethane tires for industrial applications, experienced a 10% fall in sales to $1.61 million (€1.4 million) in the first half of 2018.

The company’s gross profit was $414,000 in the 2018 half. Gross profit in the first half of 2017 was $134,000 higher at $548,000.

The firm’s light duty polyurethane foam tires were hit in the second quarter of the year ‘by a decline in purchases from a major PU foam customer,’ the company said.

This is important because the company…

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