This past week, Michelin and Belshina announced separately that they would be upping outputs by upgrading their facilities to produce more OTR Tires.
Michelin is making a $90M investment in their Lexington, SC plant. Michelin, unfortunately is not giving any details as to how much the plant will contribute to existing tire outputs.
Belshina, on the other hand, is saying they are looking at an increase of 7%. They are currently expanding their radial facilities, and will begin producing tires for Rigid Dumpers. They will begin with tires in the 35″ range, and expand to 37 different sizes by 2010.
Keep checking in, and we’ll keep you up to date on all the happenings industry-wide.
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