BKT suspends plans for US tire plant

Notch

Aug 14, 2019

1 min read

Tire Business reports that Balkrishna Industries Ltd. (BKT), an Indian producer of OTR tires, is suspending its plans for a U.S. tire factory, citing “business uncertainties” related to difficult macroeconomics and the “volatile” climate conditions. BKT announced plans to invest $100 million in a new tire plant in the US last October.

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BKT suspends plans for US tire plant

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