Official opening for Pirelli’s Mexico plant
Yesterday Pirelli inaugurated its new factory in Mexico, the company’s first facility in the country and 22nd worldwide. The plant will mainly focus on producing performance tyres for the premium passenger car and 4×4 segment, and capacity by the end of 2012 is expected to be 400,000 units, rising to 3.5 million by the time the plant’s first development phase ends in 2015. When fully operational in 2017, production is expected to reach 5.5 million units. Phase one work involves an investment of approximately US$300 million, and a further $100 million will be spent between 2015 and 2017. The plant’s workforce will reach the 1,000 mark next year and rise to 1,800 when full operational status is reached.