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This is a RETREADED tire, which comes with a warranty identical to a brand new tire.
Retreading is the process where selected and inspected worn tires, called "casings", receive a new tread (pictured). Only sound, carefully inspected tire casings are used for retreading and the casing manufacturer can vary from the new tread. The worn tread is buffed away and a new tread bonded to the tire body in a process very similar to the manufacture of a new tire.
A retreaded commercial drive tire, Michelin's XDN 2 is designed for line haul and regional applications and offers drivers exceptional traction and mileage.
Why buy a retreaded tire? Retreaded tires are helpful to both the environment and business, as a retreaded tire's casing (not pictured, casing manufacturer will vary, tire covered by full warranty) is around 70% of the value of a new tire purchase while costing only 35% of a new tire and offering 80% of the mileage that a new tire would offer. Environmentally, a retreading tires saves up to 100 million gallons of oil annually and prevents millions of tires from ending up in landfills.