Naseem A. Malik
The Carlstar Group is a global manufacturer and supplier for specialty tires and wheels serving the agricultural, industrial, lawn & garden, and powersports markets. Products include bias-ply, steel-belted radial trailer tires, rubber tires for non-automotive use, as well as roll-formed and stamped steel wheels, and tire and wheel assemblies. The company’s 100+ years of success lies in their strong focus on quality, performance, durability, value and continuous improvement.
The company is a strategic supplier to leading OEMs such as John Deere, Polaris, Husqvarna, MTD, and BRP, and is sole sourced on a number of their leading platforms. Approximately 59% of Carlstar’s revenue is derived from higher margin aftermarket sales, leveraging the Company’s large installed base of OEM products.
Through the implementation of efficient operational (enhanced SIOP, lean manufacturing, inventory planning, optimization of the distribution network, redesign and value engineering of compounds and products, improved process control, activity based costing, etc.) and intelligent commercial (dynamic pricing and material margin management, new product development, refined channel management, new account conquests, etc.) strategies, the company is targeting improving performance to over 12% EBITDA margins on substantially higher revenue over time. The company is on a very strong performance trajectory today.
The company operates 17 strategically located facilities throughout North America, Asia, and Europe enabling them to exceed customer and consumer demands. Carlstar is headquartered in Franklin, TN, has approximately 3,400 employees, and operates four manufacturing facilities in both North America and China and twelve distribution centers. Carlstar’s annual revenue is over $700M.
VP, Operations - NA