Skip to main content

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

  • Cummins sets new quarterly trading record in strong growth period
    November 6, 2023
    Cummins has set a new quarterly net cash from operating activities record of US$1.5bn, a huge rise on the $382mn in Q3 2022.
  • Tensar International to open new plant in Russia by January 2014
    November 20, 2012
    Tensar International is building a manufacturing plant in Russia. Tensar is the majority shareholder in the joint venture, with remaining investment coming from Russian partners. Don Meltzer, chief executive of US parent company, Tensar Corporation; and Bob Vevoda, chief operating officer and president of Tensar International; met with their Russian JV partners in London earlier this month to finalise the funding and construction schedule.
  • Cummins opens new pilot installation facility in Germany
    December 6, 2023
    Cummins is opening a new pilot installation facility in Germany.
  • Equipment firm Wacker Neuson posts bullish results
    March 31, 2014
    Munich-based equipment manufacturer Wacker Neuson reports an increase in Group revenue and profitability in 2013. This has been achieved in spite of tough trading conditions and having met its targets for 2013, the firm aims to remain on track in 2014. The company achieved €1.16 billion in revenue and says it managed to boost market penetration of light and compact equipment in its core European and US markets. It also developed specific new markets. Group revenue rose 6% to €1.16 billion, compared with nea