Marangoni plant celebrates first year

qiangzi

Tuesday, September 25, 2012
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Madison, TN - Marangoni (MTNA) celebrated its first year of production of Its Unitread plant in Madison, TN. One year ago MTNA invested $7.5 million to construct a plant in Madison Tennessee to produce Unitread. A year later Bill Sweatman, President and CEO and Chanthavy Vongsamphanh, manufacturing manager for MTNA recognized the first year accomplishments with a ceremony for the plant employees. In Sweatman’s address he explained the purpose and significance of this accomplishment. “Since the overall truck tire retread market in North America is expected to continue to grow, in order for us to maintain and grow our market share we had to add capacity. With this added production we can provide material for well over a million retreads annually. There is a great advantage to producing here in the U.S. rather than importing. Flexibility and responsiveness are big competitive advantages for us as well as our customers.” “We now have 60 retreaders in North America using Unitread and have produced over 150,000 units. Both the growth in volume and the addition of so many new customers has been very gratifying”