Fountain Tire Expands Retread Manufacturing Capacity

New London retread facility for Fountain Tire | PHOTO SOURCE: Fountain Tire

Fountain Tire announced the expansion of its tire retread manufacturing business after acquiring the Benson Tire retread plant in London, Ontario. The facility is Fountain Tire’s fifth plant, with others in Kamloops, BC, Edmonton, AB, Saskatoon, SK, and Winnipeg, MB. The addition will increase the company’s retread capacity by 25 per cent.

“Our new London retread facility is a strategic investment that strengthens our commitment to sustainable mobility,” commented Yves Richard, Vice President, Supply & Wholesale, 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.”

Retreading is a fleet management strategy that allows commercial vehicle owners to get more value out of every tire purchase while reducing waste. By having new tread applied to their 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,” adds Richard. “Our Ontario retread expansion will help our commercial customers optimize their tire investments and support a greener environment, with a safe and reliable solution.”

Fountain Tire’s London 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.