Triangle Group
Triangle Group (also known as Triangle Tyre) is a Chinese tire company that manufactures a range of tires for vehicles from passenger cars to construction equipment and tires fit for special purposes. Based on 2012 sales revenue, it is the 14th largest tire maker in the world, according to a ranking produced by China Research and Intelligence in 2013.[1] Triangle Group was founded by the Weihai government in 1976. The company grew in size but did not make money until in 1993 with the installment of new management, Triangle reworked itself into a competitive enterprise.[2] The company works as a strategic partner and supplier to many overseas companies. It has struck partnerships with Caterpillar, Volvo, and Goodyear.[3] In terms of market share success, the company's most dominant placement is in the off the road (OTR) category, which includes tires for mining, construction, and other industrial uses.[3] It is the 4th largest manufacturer of OTR tires with the company shipping 90% of its OTR stock to export markets.[3]