Green Arc Tire Manufacturing plans to open North America’s largest tire remanufacturing plant in St. Mary’s, Ont., according to Canadian Manufacturing Daily.
The $37 million facility, slated to open in February 2014, will produce more than three million remanufactured passenger vehicle tires, the magazine reported. The plant will create more than 300 new jobs.
The company claims the tires produced will be more affordable, eco-friendly tires for winter driving. The tires will be made from remolded used tires and will cost 30-%50% less to make than standard winter tires.