Federal Corporation
 | |
| Company type | Public (TWSE: 2101) |
|---|---|
| Industry | Automotive |
| Founded | 1954 |
| Founder | Ma Chi San |
| Headquarters | Zhongli, Taoyuan City, Taiwan |
Key people | Ma Shao Jinn, Chairman, Shu Jam Ma, CEO |
| Products | Tires |
 NT$8.8 bln.(2007)[1] | |
Number of employees | 2100 (2008) |
| Subsidiaries | Federex International JiangXi Federal Tire Highpoint Trading Ltd. Ta Shin Development Co. |
| Website | www.federalcorporation.com |
Federal Corporation (Chinese: 泰豐輪胎; pinyin: Tàifēng Lúntāi) is a Taiwan-based tire manufacturer, headquartered in Zhongli District, Taoyuan City Taiwan. Today, it operates under the name of Federal Group which includes marketing, real estate divisions, and two tire manufacturing plants: original plant in Zhongli, Taiwan, and 100% owned plant in China, Jiangxi, Nanchang (acquired in 1997).
The company has two major brands: Federal Tires and Hero Tires. The Federal brand is marked internationally, while the Hero brand has primarily been marketed in mainland China.
Milestones
- Federal Corporation was founded in Taiwan, Jhongli in 1954 as a rubber company, producing its first tire in 1958. Initial tire exports commenced in 1965.
- Technical cooperation with Bridgestone Tire Co. Ltd. began in 1960 and lasted for almost 20 years. From 1981 to 2000, the company switched to technical cooperation with Sumitomo Rubber Industries, Ltd. (a.k.a. Dunlop Tire Japan). The cooperation contributed to the company’s technical development and manufacturing capabilities.
- First passenger radial tire (PCR) production was commenced in 1978. And in 1979 company shares listed publicly (IPO) offering significant increases in operation capital.
- Federal Tires received Quality A Supplier Award in 1986, FORD Q1 Award in 1990 from Ford Motor Company, and GM/Opel Award for contribution in Opel Astra project from General Motors Corporation in 1990. Honda also issued a Quality award in 1993.
Federal Tires
The brand operates in multiple international markets, including the United States, Japan, and Australia, and has participated in motorsports activities. Federal tires have been used in drifting competitions in multiple countries. From 2012 to 2019, Federal was the spec tire for Legends Cars, although Continental AG took over in 2020.
Federal Tires manufactures a range of tires, including winter tires, light truck tires, commercial truck tires, and passenger car tires, which constitute a significant part of its product range, from touring models to ultra-high-performance tires for performance vehicles.
Hero Tires
The Hero Tires brandname is a secondary brand of Federal Corporation, most of JFT produced tires resemble Federal branded tires in designation. In recent years, the company has expanded distribution of the Hero brand to markets outside China.
Marketing
The company has been involved in drifting, time attack, circuit racing, and rally events, with most activities in the UK, US, Japan and Australia. It has provided sponsorship to racing teams, drivers, and motorsport events.
See also
References
- ^ "Federal Corporation". Federal. Archived from the original on 2012-04-22. Retrieved 2008-11-18.
External links
- federalcorporation.com Federal group
- federaltyres.com Australian website
- oponyfederal.pl Polish website
- federaltireusa.com Archived 2021-07-10 at the Wayback Machine US website