Tyre brand- DMACK, to have a production facility at Carlisle

United Kingdom: The former manager of Pirelli and the Managing Director of DMACK Tyres, Mr. Dick Cormack has unveiled his plans to start a company owned production facility in Carlisle after raising the funds from potential investors including Chinese Banks, initially with a workforce of 70 to 100 workers. Further, in order to reach an annual production capacity of 2 million tyre an investment of USD289.71 million would be done to establish this facility and would be employing a workforce of 500 people.

DMACK Tyres has been into existence since 2006 and presently the products of the company are designed in Carlisle and manufactured in China. However, with the new production facility, the testing and development of new products is planned to be shifted to Malcolm Wilson’s M-Sport at Cockermouth, which according to Mr. Cormack has skilled workforce of tyre industry.

The production facility is planned to produce motorsport tyres for exports and ultra-high-performance car tyres for UK and European markets. The site will also have R&D facility for the designing of motorsport and fuel-efficient tyres for hybrid motoring.

The recent report published by TechSci Research, “United Kingdom Tyre Market Forecast and Opportunities, 2020”, depicts that UK tyre market is replacement driven due to large fleet size. Further, leading global tyre companies operating in UK are Michelin, Pirelli, Cooper tyre, Goodyear-Dunlop, Bridgestone, Continental, Kumho, and Yokohama.

As per TechSci Research, this move by DMACK will enhance the profitability of the company and will also help the company to sustain competition from tyre giants that are already being operating in the country.