Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDF) is a leading global manufacturer of tires and mobility solutions. Headquartered in Clermont-Ferrand, France, Michelin operates through two principal segments: the manufacture and sale of tires for passenger vehicles, trucks, aircraft, earthmover equipment and agricultural machinery, and the provision of travel assistance guides, maps and digital services. The company’s product portfolio extends from consumer and commercial tires to specialized high-performance and sustainable mobility offerings, reinforcing its position as a benchmark for quality and innovation in the tire industry.
Since its founding by brothers Édouard and André Michelin in 1889, the company has been at the forefront of tire technology, introducing the removable pneumatic tire and pioneering the radial tire design. Today, Michelin maintains a broad research and development network focused on improving fuel efficiency, safety and environmental performance. In addition to traditional rubber-based products, the company has expanded into eco-friendly materials and digital tools that monitor tire health, optimize fleet management and support autonomous driving applications.
With manufacturing facilities and sales operations in over 170 countries, Michelin serves a diverse customer base across Europe, North America, Latin America, Asia-Pacific and Africa. The company’s global footprint encompasses more than 70 production sites staffed by over 120,000 employees, supported by regional R&D centers and distribution networks. Michelin’s integrated supply chain and local partnerships enable the firm to respond to regional market demands and regulatory requirements, ensuring consistent product availability and service quality worldwide.
Guided by Chairman and Chief Executive Officer Florent Menegaux, Michelin continues to pursue a long-term strategy centered on sustainable growth and mobility innovation. The company’s leadership team combines deep industry experience with a commitment to decarbonization, circular economy practices and social responsibility. Through strategic investments and collaborative ventures, Michelin aims to advance the future of transportation while upholding its heritage of performance, safety and customer satisfaction.
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