Taking the next step toward its first tire plant in North America, Nokian broke ground on the $360 million manufacturing facility in Dayton, Tennessee on September 20. Nokian Tyres CEO Hille Korhonen and Tennessee Governor Bill Haslam joined the celebration.
With production launching in 2020, the new plant will service customers across the United States and Canada, concentrating on the production of North American-specific car and light truck all-season tires. The Tennessee location will increase production and warehouse capacity, allowing Nokian Tyres to meet the increasing demand throughout North America. The new plant will be capable of producing four million tires annually with the room for expansion to meet future demand. The site will also house a distribution facility with a storage capacity of 600,000 tires.
Read the full press release here.
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