Michelin inaugurates Hungarian car tyre unit

Nyiregyhaza, Hungary — Michelin has officially opened its latest car tyre manufacturing facility. The new unit is located within Michelin’s agricultural tyre factory in the city of Nyiregyhaza in eastern Hungary.

According to a Michelin spokesman, the unit will make 800 000 tyres/year for cars when it reaches full capacity, and employ 217 people. The plant represents an investment of Euro 60 million.

When the company announced the project in April 2004, Michelin said the plant would begin operations in mid-2005 and reach full capacity…

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