Michelin investing $750 million in earthmover tire operations

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Michelin investing $750 million in earthmover tire operations

Thursday, April 12, 2012
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Greenville, SC - Michelin North America is breaking ground next week on a new earthmover tire manufacturing plant in Anderson County, SC. The company is also expanding its existing earthmover tire facility in Lexington, SC. The two projects represent a $750 million investment and will create up to 500 new jobs. This announcement is in addition to Michelin’s 2011 commitment to add an estimated 270 jobs and invest $200 million in its existing Lexington passenger and light truck tire manufacturing facility. This expanded operation at Lexington will begin production in October. The new plant will be Michelin’s 19th manufacturing facility in North America and its ninth in South Carolina. More than 8,000 of Michelin North America’s 22,300 employees are based in South Carolina. The new earthmover tire plant will be adjacent to Michelin’s existing rubber processing plant in Starr, S.C., and will be the third Michelin plant in Anderson County. The company also operates a 2.5-million square foot rubber processing plant, the largest in the world, in Sandy Springs.