Trelleborg Transfers US Capacity to Sri Lanka
Trelleborg has taken steps to consolidate its industrial tyre production capacity, moving production from North America to Sri Lanka. Trelleborg reports that it has plans to invest in increased production capacity at one of Trelleborg Wheel Systems’ plants in Sri Lanka. As a consequence of this, the production of industrial tyres will be terminated and relocated from Trelleborg Wheel Systems’ plant in Hartville, Ohio, in the US. The cost of closure, production transfer and investments will total approximately 130 million Swedish krone (£9.7 million) over a three-year period.