JK Tyre To Start Chennai Expansion
JK Tyre & Industries is planning to start its Rs 1,000-crore expansion plan at its Chennai plant within the next two to three months doubling the tiremaker’s capacity at the plant, according to the Business Standard. The project would be completed in two phases and be done by 2016-17. The proposed expansion will increase JK
TCS Relocates HQ to Support Business Expansion
TCS Technologies is relocating to a newly renovated facility in Cookeville, Tenn. The new 20,000-square-foot office space is the company’s third expansion in five years and offers plenty of space for growth, TCS said. “TCS has doubled in size over the last 18 months, and we anticipate that growth trend to continue as we plan
Update: More on Toyo’s Georgia Expansion Plans
Toyo Tire USA Corp. is planning another expansion at its White, Ga., manufacturing plant.
County ‘Divests’ Itself of Airport, Clears for Supposed MNA Expansion
Even though the tiremaker’s plans remain speculative at best, politicians in Kings County, Nova Scotia, are trying to pave the way for Michelin North America to expand its Waterville tire plant. MNA has been long rumored to want to expand the tire plant there, but its property abuts the Waterville Municipal Airport. The county council
Michelin Considers Poland Plant Expansion
Michelin may expand its Olsztyn tire factory in Poland.
Toyo Offers Update on U.S. Expansion Plans
Following publication of news that Toyo Tire & Rubber may be looking to increase production in the U.S., a representative from the Japanese tiremaker contacted Tyres & Accessories to clarify the information presented on July 10. As Toyo recently changed its financial reporting period from an April-March year to a January-December financial year, the Toyo
Toyo Considering U.S. Production Expansion
Toyo Tire & Rubber Co. is considering expanding its U.S. tire production into new markets, according to a Bloomberg report. The demand for products with higher profit margins, such as SUV and light truck tires, is where the company sees growth in the U.S., Toyo said. "There’s no country like the U.S.," Toyo President Akira
CTA Tops Truck Tire Plant Expansion
A "significant milestone" was celebrated at Continental Tire the Americas’ plant in Mt. Vernon, Ill., when its ongoing plant expansion was "topped" by an autographed steel beam. The beam, signed by an array of company and government officials, was installed on the skeleton of the 80,000-square-foot expansion of CTA’s medium truck tire production area at
New JK Tyre Chairman Talks Global Expansion Plans
Raghupati Singhania, chairman and managing director of JK Tyre & Industries Ltd., said the company intends to continue exploring new markets, including Europe.
Hankook Invests in Hungary Plant Expansion
Hankook Tire and the Hungarian government have announced details of further investment in the tiremaker’s European production facility, located south of Budapest.