The hottest Michelin invested US $90million to exp

Michelin invests US $90million to expand the production capacity of engineering tire factory

Michelin invests US $90million to expand the production capacity of engineering tire factory

China Construction machinery information

Guide: Michelin North America company (6. Coating: testing the wear resistance of various coating materials such as paint materials, Michelin northamericainc., hereinafter referred to as Michelin company) is investing US $90million, Implement equipment upgrading and capacity expansion for its two tire plants in Lexington, South Carolina. According to Michelin's report submitted to Lexington government and development department on June 19 Providing solutions for the increasingly complex global supply chain

Michelin North America Inc. (hereinafter referred to as Michelin company) is investing $90million to upgrade equipment and expand production capacity at its two tire plants in Lexington, South Carolina

according to the report submitted by Michelin to the Lexington government and development department on June 19, US $90million is the second investment after US $110million was invested in August last year, and it is also part of the plan to invest a total of US $350million to transform the South Carolina tire factory, update equipment and expand production capacity

Lexington production base was once the best production base of Michelin in the world and the place to produce first-class products. Mr. jimmicali, chairman and manager of Michelin North America, said that we expect Michelin to be equally important to Lexington

Michelin has two factories in Lexington, one is the radial passenger tire and light truck tire factory which was put into operation in 1981, and the other is the radial engineering tire factory which was only disclosed to the world in 1998. Michelin spokesman said that the company has not stopped allocating investment to the two plants. However, the spokesman did not disclose the existing production capacity of the two plants

according to the 2007 global tire report of rubber and plastics weekly, the combined production capacity of these two plants is 24000 tires per day

although the spokesman did not disclose the completion date of the expansion project, the project is already in progress. According to Michelin's six friction pairs last year, which directly determine the use of this equipment, the upgrading of the South Carolina tire factory will be completed in 2011

the spokesman said that there were 1700 employees in Lexington and Lexington, including 1365 in the radial passenger and light truck tire factory and 335 in the radial engineering tire factory. The new project will add an unspecified number of jobs. Michelin said that about 100 employees will be added to the tire upgrading project in South Carolina

Michelin said that the capacity expansion project of Lexington tire factory is to meet the growing market demand. The market demand for high-performance tires produced by passenger and light truck tire factories has been strong. Due to the huge demand for large-size engineering tires, the engineering tire factory is implementing the second round of production expansion plan since it was put into operation 10 years ago

capacity expansion projects include the modernization of existing production lines and the addition of some new equipment. Among them, the engineering tire factory expansion project announced in August last year plans to add 100000 square feet of factory space

since it was put into operation in 2006, we have invested US $85million in the engineering tire factory to increase the production capacity by 50%. At the press conference of the production expansion project last year, Mr. Micali said that we are still unable to quickly and fully meet the market demand for large-scale mining and Construction Engineering tires

a company spokesman said that since 1981, Michelin has invested more than $900million in Lexington