Triangle Tyre, a Chinese tire company manufactures a range of tyres for vehicles from passenger cars to construction equipment and tyres fit for special purposes. Triangle Group was founded by the Weihai government in 1976.
Triangle Tyre Company (also known as Triangle Tyre) is a Chinese tire company that manufactures a range of tyres for vehicles from passenger cars to construction equipment and tyres fit for special purposes.
Based on 2012 sales revenue, it is the 14th largest tyre maker in the world, according to a ranking produced by China Research and Intelligence in 2013.
Triangle Group was founded by the Weihai government in 1976.
The company works as a strategic partner and supplier to many overseas companies. It has struck partnerships with Caterpillar, Volvo, and Goodyear. In terms of market share success, the company's most dominant placement is in the off the road (OTR) category, which includes tyres for mining, construction, and other industrial uses. It is the 4th largest manufacturer of OTR tyres with the company shipping 90% of its OTR stock to export markets.
In recent years, the company has focused more on research and development, announcing a desire to become a technology leader, through research partnerships with universities. In 2011, it signed an agreement with the University of Akron to work together on polymer research and also opened an office in the same town of Akron, Ohio with plans for 30 employees. It partnered up in 2012 with the Harbin Institute of Technology to carry out research on designing and manufacturing tyres for large bodied aircraft's, enabling Triangle to compete with two other companies in China that already produce such tyres.
The company also produce other budget tyres under the name of DiamondBack© and Silverstone©.