Joint venture close for Double Coin, Michelin, CMA
Double Coin Tires and the Chinese Manufacturers Alliance have signed a Memorandum of Understanding with Michelin to create a joint venture to produce Warrior-brand tires. The possible deal is in-line with Double Coin’s plans to release a consumer tire line for the North American market in the near future. Double Coin tires have been marketed in the U.S. since 1992. The company’s bus radial tires are being tested with some of the most progressive fleets in North America. For more, visit www.doublecoin-us.com.