The Bandvulc Group was established in Kingsbridge in 1971 by brothers Richard and John O'Connell and its initial production was just 35 truck tyres per week.
Since then it has grown to be one of the largest independent truck tyre retreaders in Europe – employing more than 360 people, and producing 200,000 truck retreads per annum at its modern plant which is based in Lee Mill.
This represents a 20% share of the UK retread truck tyre market.
The success of the company's management and tyre innovations has led to Bandvulc Tyres being the nominated supplier of tyres to four of the five biggest supermarket chains in the UK.
This, in fact, means that 70% of the UK's groceries are now delivered on Bandvulc tyres.
Bandvulc has continuously moved towards a "closed loop" approach to its operations.
This has involved acquisitions in new tyre distribution and fitting depots across the UK, thereby enhancing its product offering to its customers.
The company has always been passionate about the environment; use of retread truck tyres plays a significant role in reducing the UK's reliance on raw materials and energy consumption.
For example every tyre that Bandvulc recycles saves 68 litres of oil, 44 kilograms of rubber compound and 182.24 kg of CO2 over a new tyre.
When you consider Bandvulc produce some 200,000 tyres per annum one can see that the savings are significant.