Marangoni Tread North America expanding Tennessee plant
Marangoni Tread North America is expanding tread rubber capacity at its plant in Madison, Tennessee to meet growing demand for its products.
“With unit sales up this year, production had to be increased right away. Independent retreaders’ business remains strong and we expect demand to continue to increase as we move into 2019. We will be adding additional capacity to manufacture the XP Extreme Performance wide-base Ringtread here in the US,” said Bill Sweatman, president and CEO of Marangoni Tread North America.
The new production line, expected to be in operation in the second quarter of 2019, will produce spliceless Ringtreads up to and including 500mm widths.
The project will boost the 14-year-old plant’s overall capacity by 20 percent, Marangoni said, and expand the workforce by 10 percent.
Marangoni Tread North America is a subsidiary of Rovereto, Italy-based Marangoni S.p.A., which recently disclosed plans for a global partnership with Borrachas Vipal S.A. of Brazil in what Marangoni said could become the largest global independent player in the retreading sector.
Referenced article found here.