Carlisle to sell tire unit due to Chinese competition

08/19/2013 | Charlotte Observer (N.C.), The

Carlisle has decided to sell its transportation products segment due to a steep competition from Chinese tire manufacturers, according to this article. Chinese manufacturers "have really gone hard" after outdoor power equipment tires, said David Roberts, the company's CEO. Proceeds from the sale could be used to purchase another business, Roberts said.

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Charlotte Observer (N.C.), The

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