Sri Lanka capacity expansion aiding Marangoni’s industrial segment growth
Marangoni says it has achieved a strong position with its Industrial Tyre business in Europe and is growing in this segment in markets further afield. This growth has occurred due to a broadening of the company’s international presence and a rise in business with original equipment customers. To prepare itself for further growth, Marangoni says it has developed an expansion strategy, and states this planned expansion will further confirm its status as “one if the major players within the industrial tyre business.”