Nokian Heavy Tyres Acquires Finnish Heavy Equipment Wheel Company

Nokian Heavy Tyres is acquiring Finnish heavy equipment wheel company Levypyörä Oy. With its two business lines, wheels and steel structures, Levypyörä serves several original equipment (OE) manufacturers and aftermarket customers (AM) in forestry, agriculture and earthmoving applications. Annual net sales of Levypyörä is approximately 18 million euros ($19,956,636). “With the acquisition, Nokian Heavy Tyres […]

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Nokian Heavy Tyres R&D Center to reach full capacity in 2021

A 3,500-square-meter (37,674-square-foot) research and development center being built in Nokia, Finland will soon be ready to install machinery and the factory will reach full capacity in 2021, Nokian Tyres says. In 2018, Nokian Heavy Tyres announced it will increase the production of commercial tires up to 50% and more than double the number of new products by investing […]

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