Purcell Tire Company Launches Revolutionary Retread Service for Large Haulage Tires

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Purcell Tire Company today announced the launch of expanded retreading operations for large haulage tires with wheel diameters of 51 inches and larger. Poised to revolutionize the mining industry, Purcell has dedicated over $5 million in capital to the development and launch of exclusive technology and capabilities to meet the global large haulage tire shortage. Purcell Tire is currently the only tire retreading company in the world to offer segmented mold retread systems designed to produce both 4000R57 and 46/90R57 haulage tires, as well as 52/80x57 thru 55/80R57 tires.

Purcell Tire Company, and its large mine division, Purcell Mine Group, today jointly announced the launch of expanded retreading operations for large haulage tires with wheel diameters of 51 inches and larger. Poised to revolutionize the mining industry, Purcell has dedicated over $5 million in capital to the development and launch of exclusive technology and capabilities to meet the global large haulage tire shortage. Purcell Tire is currently the only tire retreading company in the world to offer segmented mold retread systems designed to produce both 4000R57 and 46/90R57 haulage tires, as well as 52/80x57 thru 55/80R57 tires.

%u201CThe rapid growth of global mining operations, and resulting shortage of large haulage tires, has greatly affected both the operations and expansion plans of all large mining companies. Our large haulage tire retreading service will deliver an important service to the marketplace in returning these tires to service, thereby increasing the profitability of large mines around the world,%u201D said Robert Purcell, Chief Executive Officer of Purcell Tire.

Although major international rubber companies have launched expansion efforts in an attempt to meet the worldwide shortage, large haulage tires are expected to remain in short supply through 2012. Purcell Tire%u2019s expanded retreading services specific to large mine tires began operations as of February 24th, 2007, and are initially being offered to companies with mine operations based in North America.

Michael McCarley, Vice President of Purcell Mine Group stated, %u201CPurcell Tire and the Purcell Mine Group are thrilled to now offer this highly-demanded technology to our large mine customers. This service will revolutionize the tire retreading industry by allowing large mine companies to alleviate tire shortage problems and continue on the road to growth and expansion while simultaneously reducing their large tire operating costs.%u201D

About the Company --

Founded in 1936 in Washington, Missouri, Purcell Tire Company is currently ranked as the third largest independent commercial tire dealership in North America and the nation%u2019s largest retreader for off-the-road tires. Headquartered in Potosi, Missouri, Purcell boasts over 60 retail locations, six retread plants and a vehicle fleet servicing 41 states across the country. Purcell Mine Group operates as a division of Purcell Tire Company, and was established to serve the specific needs of large mine operations worldwide. More information on Purcell Tire Company is available online at http://www.purcelltire.com.

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