Tuesday, July 26, 2005

Did you know . . .

. . . there is a worldwide tire shortage? I didn't, but apparently it is affecting particularly the industries which use those vehicles with huge tires, like in the mining industry. Here's the story from today's Star Phoenix: Saskatoon StarPhoenix - canada.com network: "'We get calls from all around the world from tire dealers and customers looking for relief,' said Bob Bennett, general manager of the mining tire group at Kal Tire in Vernon, B.C. . . . Bennett has heard pleas from as far away as Russia, England and Chile, but with the Big Three manufacturers -- Michelin, Goodyear and Bridgestone -- struggling to keep pace with demand, there's little that can be done. [It is expected that] the issue will be resolved by mid-2006, but some industry estimates say it could be at least 2008 before suppliers catch up."

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