The company said its 106,000-sq.-ft., 37-bay facility was designed to open more production room at the existing plants.
Michelin says its multi-million dollar investment will increase the output of Camso agricultural rubber tracks to respond to “market evolution.”
Just six months after its grand opening in January, Magna Tyres’ plant in the town of Hardenberg in the Netherlands is expanding.
Hankook Tire is investing around $360 million in its Hungarian plant’s expansion, keeping up with demand for truck and bus tires globally.
Nokian expects to increase production of heavy truck tires by 50% in the coming years.
Toyo Tire & Rubber Co. plans to expand its tire production capacity in the U.S. and Malaysia. The company plans to add new buildings and equipment to further expand the production capacity at its Georgia tire plant and Malaysian tire plant in order to align with the “Mid-term ’17” business strategy.
Site master planning is well underway for Nokian Tyres’ $360 million plant in Dayton, Tenn. Groundbreaking is expected to begin in August 2017.
The hustle and bustle of 23 million people in the streets of Shanghai is echoed in Double Coin Holding’s factories in and north of the city. From one end of the factories to the other – the mixers, calendars and extruders to tire fabrication and curing – the buzz of activity is everywhere. Tire Review