Michelin’s $750m US earthmover tyre plants

Michelin North America (MNA) has revealed plans for a new earthmover tyre plant in the United States as part of a $750million expansion set to create up to 500 manufacturing jobs. News of the proposed new site in Anderson County, South Carolina, comes after MNA revealed they would also be expanding their existing earthmover tyre plant in Lexington, also in South Carolina.
April 13, 2012 Read time: 2 mins
4842 Michelin North America (MNA) has revealed plans for a new earthmover tyre plant in the United States as part of a $750million expansion set to create up to 500 manufacturing jobs.

News of the proposed new site in Anderson County, South Carolina, comes after MNA revealed they would also be expanding their existing earthmover tyre plant in Lexington, also in South Carolina.

The two projects are in addition to MNA’s promise last year to create around 270 jobs by investing $200million in its existing Lexington passenger and light truck tyre manufacturing facility. The expanded passenger and light truck tyre pant is set to begin production in October 2012.

“Michelin intends to maintain and strengthen its leadership in all its specialty businesses, especially Earthmover radial tyres,” says Jean-Dominique Senard, managing general partner of Michelin.

“The market for Earthmover tyres grew by more than 20 percent between 2009 and 2011. This new facility will help us meet sustained demand while also attaining our growth objectives for 2015.”

The new Anderson County plant will be Michelin’s 19th manufacturing facility in North America and its ninth in South Carolina.

For more information on companies in this article

Related Content

  • Wacker Neuson confident of strong financial performance
    May 13, 2014
    Munich-based light equipment manufacturer Wacker Neuson reports a healthy balance sheet despite difficult conditions. The company says that group revenue climbed by 13% for the first quarter, compared with the same period last year. This a new record for the first quarter of €291.6 million, compared with €257.1 million for the same period in 2013. The performance was affected by currency fluctuations as currency values in many emerging markets as well as the US dollar lost ground against the Euro in the fir
    Read More
  • Yanmar acquires 6.26% of Manitou capital and voting rights
    October 30, 2013
    Yanmar has acquired 6.26% of the capital and voting rights of Manitou. The move, through shares acquired from the French bank Société Générale, comes as the two construction equipment manufacturing groups are enhancing their strategic alliance by expanding cross distribution into Mexico and Latin America. Takehito Yamaoka, president of Yanmar, said, “Manitou is well-respected as the market leader in telescopic handlers, so it is exciting for Yanmar to have a closer relationship with them through this capi
    Read More
  • Webuild sees double-digit growth in H1
    July 28, 2025
    Construction group's growth 'greater than expected' with revenues up 22%
    Read More
  • Intermat show looks strong
    May 9, 2012
    Forward bookings for the upcoming Intermat construction equipment exhibition in French capital Paris are extremely bullish. The organisers say that the show already has a 90% occupancy rate for its exhibition space, a full eight months before the 2012 event, which runs from 16h April to 21st April. The Intermat 2012 event will feature 375,000m2 of exhibition area, including a 20,000m2 outdoor demonstration area. In all 1,500 exhibitors have booked, 67% of whom are international and there will be four nation
    Read More

Highlighted Content