Pirelli inaugurates Mexican facility

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Wednesday, June 6, 2012
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" `4 q" t! s7 d, U9 N" q3 G3 O/ sMilan - Pirelli inaugurated its new factory in Mexico, in Silao, in the state of Guanajuato. The new plant, Pirelli’s first in Mexico and the 22nd tire plant worldwide, is mainly focused on the premium segment, producing high performance and ultra-high performance tires for cars, and SUVs for the local and all Nafta area markets. The factory covers an area of 135,000 square meters and its capacity will reach 400,000 pieces by the end of this year, rising to 3.5 million in the first phase of development which ends in 2015. When fully operational in 2017, production is expected to be 5.5 million pieces. Pirelli’s investment, already included in the industrial plan, will be around $300 million from 2011 to 2015. By 2017 a further $100 million will be invested. The new Pirelli plant, which is equipped with the group’s most advanced technology and production processes, will create about 1,000 new jobs by 2013: 700 direct positions with the group and 300 external positions. When fully operational, the plant will add a further 700 direct employees and 100 indirect, for a total of 1,800 jobs.