Pirelli Investing $200 Million in Second Mexico Plant, Expanding Production - Tire Review Magazine

Pirelli Investing $200 Million in Second Mexico Plant, Expanding Production


Pirelli plans to invest an additional $200 million to build a second tire plant near its existing Silao, Mexico, facility and expand its production in Mexico.

“The new investment confirms the importance of Mexico among Pirelli’s international operations,” Pirelli said in a press release, adding that Mexico offers a strategic position that is ideal to develop Pirelli’s NAFTA area presence.

Opening in 2012, Pirelli’s first Silao plant was built with an initial $300 million investment and produces high performance and ultra high performance passenger car and SUV tires. To date, the company has invested $360 million into the first Mexico plant, Pirelli said. The Mexico plant supports the NAFTA production hub Pirelli established in 2002 in Rome, Ga.

The tiremaker begins its investment phase this year and has already set aside another $50 million for 2016-2017. By the end of 2018, Pirelli said its investment total for both plants will be more than $600 million.

The new 48,000-square-meter plant will produce high performance and ultra high performance passenger tires for the North American market, a Pirelli spokesperson told Tire Review. Production is scheduled for 2017, with the plant producing 2.5 million tires annually. Pirelli will also build a new 9,000-square-meter warehouse, the tiremaker told Tire Review.

Pirelli’s production hub in Silao currently covers 140,000 square meters, and will increase its output from 3 million tires to 5 million, concluding the investment phase. The new plant is set to increase Pirelli’s total Silao production capacity to 7.5 million tires a year by the end of 2018. 

Pirelli said it also plans to increase its Silao employees from 1,400 employees to more than 1,800.


You May Also Like

Hankook Tire Announces ‘Great Catch Rebate’

The Hankook Tire Great Catch Rebate includes six of Hankook’s premium passenger and light truck SUV lines.

As baseball fans and players gear up for the 2023 season, the "Official Tire of MLB," Hankook Tire, announced its first 2023 consumer promotion, the "Great Catch Rebate," running through May 21. This year’s promotion includes six of Hankook’s premium passenger and light truck SUV lines, including new consumer offerings.

Autel Energy Showcases EV Charging Solutions, Electrified Bronco at CES

At CES, Autel Energy showcased its suite of EV charging solutions and an electrified 1969 Ford Bronco.

2019 Newsmakers: Bridgestone Americas

Nearly all products in the Firestone family of tires have been upgraded over the past three years, and Bridgestone is on track to have all of its consumer tire portfolio across both the Bridgestone and Firestone brands either upgraded or replaced by the end of 2020.

2019 Newsmakers: Nokian Tyres

Nokian Tyres opened its first U.S. manufacturing facility and launched numerous new products. See what’s in store for 2020.

2019 Newsmakers: Nexen Tire America

Nexen Tire opened its North American Technology Center and debuted the Roadian GTX. Find out what’s in store for 2020.


Other Posts

Women In Trucking Association Announces Gold Partnership

Bridgestone Americas is Women in Trucking’s newest Gold Level Partner.

Yokohama Rubber Gains UK Clearance for Trelleborg Aquisition

The UK’s Competition and Markets Authority granted Yokohama Rubber “unconditional clearance” for its planned acquisition of outstanding shares of Trelleborg Wheel Systems.

yokohama acquires Trelleborg wheel systems_
Yokohama Tire to Sponsor the 2023 Porsche Sprint Challenge

Yokohama is partnering with Porsche Motorsport and USAC for the 2023 Sprint Challenge North America.

H/T vs. A/T Tires: How to Guide Your Customer

Your guide on deciding if highway tires or all-terrain tires best suit your customer’s needs.

HT AT tires