DOETINCHEM, Netherlands- Dutch tire manufacturer Vredestein has announced that it is ceasing the production of bicycle tires in the Netherlands. According to a release on 29 November, in order to continue a profitable operation the tire production will have to be moved to a low-income country. The move will take place over the next two years.
Though the tire manufacturer has yet to announce which country it will move its production to, many feel it will be India. This is because last year Vredestein already moved the production of its low-end tires to that country. Vredestein will continue to use the same machinery and technical know-how. (JW)