Who owns Michelin Tire Company?


Quick Answer

The Michelin Tire Company is owned by the Michelin Group. With headquarters in Clermont-Ferrand, France, Michelin operates facilities in more than 170 countries, employs 111,200 workers and runs 67 production plants in 17 countries, as of 2015.

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Full Answer

The Michelin Group can be traced to 1832 when Aristide Barbier and Édouard Daubrée opened a factory to produce farm machinery and rubber balls in Clermont-Ferrand, France. Édouard Michelin took over the company in 1889. In 1896, the company launched an advertising campaign to demonstrate the advantages of solid rubber tires.

Michelin filed a patent for its radial tire in 1946. In 1952, Michelin applied its radial technology to the production of truck tires. Developed in 1981, the Michelin Air X became the first radial aircraft tire. The first radial motorcycle tire was available for purchase in 1987. Globally, the company produces tires for almost every tire category.

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