Receivership Sale-by-Tender - OTR & TBR Tire Retreading Plant, Equipment, Inventory
We are acting in our capacity as Receiver of the property, assets and undertaking of Pneus ABC Tires Inc. (the “Company”), of Atholville, New Brunswick, Canada. The Company operated a tire retreading plant with separate production lines dedicated to off-the-road (“OTR”) retreading and truck & bus radial (“TBR”) retreading.
The OTR line was constructed to service markets in Atlantic Canada and mining communities in Quebec and Labrador. The OTR equipment was purchased new from Rösler Tyre Innovators GmbH (“Rösler”) and made fully operational in September, 2012. However, due to a shortage in working capital the Company had to cease operations in spring, 2014. Cost to purchase and install the OTR equipment on a “turn-key” basis was 1,475,000 €. The OTR plant can accommodate tires up to rim size of 51”, (i.e. 33.00 R51, 36.00 R51, 54/65 R51) with an estimated annual production volume of 650-1,000 tires. The plant was designed to use the Schelkmann retreading system under license from Rösler. Some equipment may be compatible with other retreading processes and some is unique to the Schelkmann system. The license from Rösler is not transferrable and is not offered in this Sale-by-Tender process. Parties interested in using the Schelkmann retreading process will have to make arrangements with Rösler directly. Information about Rösler and the Schelkmann retreading process can be found on Rösler’s website at roesler-tyres.com/en.