Nankang Rubber Tire Corp. Ltd. is a Taiwan based company founded in 1959 which deals with the manufacture and sales of tires and other rubber products. It’s a public limited company having close to one and a half thousand employees. The company is into manufacturing of locomotive as well as automotive tires but the major chunk of revenue is generated by the sale of automobile tires, which accounts for 99% of its revenue. Manufactured good comprise tires of automobiles such as light trucks, sedan cars, utility vehicles and snowfield use vehicles.
The company has to its credit the distinction of being the longest established tire manufacturers in Taiwan. Their first rubber plant was established in 1940 which later became a public limited company in 1959. Their manufacturing ideology is centered on the principle of product excellence which is borrowed from Japan, a country known for its management principles and product quality.
Presently they have three plants situated in Nankang, Shantung and Jiangsu out of which the Jiangsu plant is the newest addition. Nankang tires are considered one of the best in the business today and it is because of this that they have bagged various contracts for production of tires with the top automobile manufacturers of the world. They obtained the ISO-9001 accreditation in 1994 and also possess Ford Motor Company Q1 certification. The company, at present, exports tires to more than hundred markets of the world which include Europe, North America, Central and South America, Asia, Africa, Middle East and Australia. In other words, the market for the firm is spread throughout the globe and this speaks volumes of its unparalleled quality manufacturing.
The Nankang Rubber Tire Corporation has been manufacturing tires for almost 40 years now. The technology used in tire manufacturing has been obtained from one of Japan’s leading tire manufacturing companies. A few of the tires manufactures by them are being discussed along with their features. One of the types is that of performance radials which enhance the handling of the car and produce minimum road noise. These tires are ideal for high speed driving as they provide safety and stability. Then there is another class of passenger radials which are best suited for both dry and wet roads.
Recently, the company hiked its prices in the global market by 6-8% on all tire types. The reasons cited were increased cost of raw material and other expenses but they also expressed optimism that the customer support would continue to grow in the coming years and advocated that the hike was in the interest of all the parties concerned as it would enable the company to maintain the level of services to its customers. It shows the firm’s commitment to product excellence and consumer satisfaction and is sure to take giant strides forward towards growth and prosperity.
Nankang Tires