Maxxis, officially known as Cheng Shin Rubber Industry Co., stands as a major force in the global tire industry. Established in Taiwan, this public company has made a significant mark worldwide since its inception in 1967.
Founding and Expansion:
- Maxxis was founded on January 1, 1967, by Luo Jye in Yuanlin City, Changhua County, Taiwan.
- Initially focusing on bicycle tires, the company has since diversified into various tire types, including motor vehicle tires.
- Maxxis Tyres and CST tires operate as wholly-owned subsidiaries of Cheng Shin.
Global Presence and Financial Highlights:
- Maxxis has established itself as the eleventh largest tire company in the world, showcasing its global reach and influence.
- The company reported impressive worldwide revenue exceeding $3.85 billion in 2015, underlining its financial strength and market position.
Website and Corporate Information:
- For more information about Maxxis and its range of products, the company’s website is www.maxxis.com.
- The company is publicly traded on the TWSE under the ticker symbol 2105.
Product Range and Industry Impact:
- Starting from bicycle tires, Maxxis has significantly expanded its product range to cater to various segments, including motor vehicles.
- The company’s growth trajectory and diversification reflect its adaptability and commitment to meeting diverse consumer needs in the tire industry.
Maxxis, with its roots in Taiwan, exemplifies a successful journey from a local tire producer to a globally recognized player in the tire manufacturing sector.