Michelin OTR tyre plant to Enter Production in November

Michelin’s new OTR and earth moving tyre plant in Brazil is on schedule to produce its first tyre in November. The plant, constructed adjacent to Michelin’s existing Campo Grande truck tyre making facility, has been built at a cost of some US$200 million. The facility officially opens next January, and by 2010 will be producing some 40,000 tons of 25 to 49-inch tyres. The company intends to increase this amount to 55,000 tons at a later date.