Michelin makes new investment of EUR 33 M in Zalau unit, marking 40 years of activity

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French Michelin Group decided to invest EUR 33 million in the Zalau Tyre factory, due to its “teams’ openness to innovation and the highly competitive results”, as a press release informs.

This new investment project makes possible the production of new truck tyre models for the intermediate market segment, including the Tigar brand. Michelin Zalau Tyres will become the only Michelin plant in Europe producing the new models for the low intermediate segment, with 100 new jobs created by 2021.Michelin Zalau Tyres - 1

“This new, strategic project at the Michelin Zalau Tyre factory is a perfect milestone for the 40 years of constant development, the dedication of our people over the years, their commitment towards innovation and their long term community support. I am extremely proud that the Michelin team continues to contribute to the Group’s growth strategy with passion and proven expertise. The factory is now ready to take on new challenges with the installation of modern machinery, the launch of new brands and the deployment of a new business model linking the factory directly to the customer,“ said Sean Parry, Director of the Michelin Industrial Platform in Zalau.

This new investment comes two months after the French group invested EUR 60 million in the steel-cord factory in Zalau to increase the production capacity by 50 percent until 2019.

The Michelin tyre factory in Zalau started its activity in 1977 with the production of tyres and air tubes under the Silvania name, before it became part of the Michelin Group in 2001.

Michelin’s Zalau plant is an important unit for the Group producing approximately 130 tyre models destined for markets in Europe, Africa, Asia and America. The Zalau factory`s activities include: production of rubber mixtures, plasticised rubber and metallic fabric; truck tyres for the high and low-intermediate market segment under the brands: BFGoodrich, Taurus, Kormoran, Riken, Tigar and Orium; production of Michelin Tyres for Civil Engineering Activities, Worksite, Mining, Agricultural, Subway and other specialty work tires.

 

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