Michelin invests in Nova Scotia tire plant
Jan 23, 2013 9:07 AM
Michelin North America reinforced its commitment to the province of Nova Scotia by announcing a $73 million (CDN) project investment at its Waterville truck tire plant. Michelin anticipates the investment will create approximately 50 new jobs in the Annapolis Valley.
“Today’s announcement shows once again that Michelin believes in both the province of Nova Scotia and our highly skilled employees,” said Dana LeBlanc, president, Michelin North America (Canada) Inc. ”The demand is growing in North America for our wide-based tire products like the Michelin X One, and this manufacturing investment at Waterville will help us meet that demand.”
The Michelin Waterville Plant will make capital investments in equipment improvements and increased production capacity over the next four to five years. The project will include installation of new technologies in all aspects of manufacturing, supporting the success and continued growth of wide-based tire products for commercial trucking in North America. In addition, the project will include a 3,000-sqare-meter assembly building expansion. Hiring for positions will be ongoing as the project develops.
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