Fountain Tire announced it is expanding its tire retread manufacturing business after acquiring the Benson Tire retread plant in London, Ontario.
This marks the company’s fifth plant, with others in Kamloops, B.C., Edmonton, Saskatoon and Winnipeg, increasing its retread capacity by 25 per cent.
“Our new London retread facility is a strategic investment that strengthens our commitment to sustainable mobility,” said Yves Richard, vice president of supply and wholesale at Fountain Tire. “This plant not only enhances our production capabilities but also reinforces our dedication to delivering high-quality, cost-effective, and environmentally responsible tire solutions to Canadian fleets.”
The retread facility is a 20,000-square-foot, three-chamber plant with the capacity to process more than 30,000 tires per year. It is currently operational and serving commercial customers across Ontario.
Retreading is used by fleets to allow commercial vehicle owners to get more out of their current tires and reduce waste. Fountain Tire said that by having new tread applied to existing tire casings, customers can expect safety and performance standards comparable to new tires, but at a 30 to 50 per cent lower price. “Fountain Tire is dedicated to helping people get there — safely, sustainably and successfully,” Richard said. “Our Ontario retread expansion will help our commercial customers optimize their tire investments and support a greener environment, with a safe and reliable solution.”
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