Michelin to invest $80 million in US rubber processing plants

Anderson, South Carolina–Michelin North America Inc. plans to invest $80 million over six years in two rubber materials plants in South Carolina to upgrade equipment and expand capacity.

The investment was made public Nov. 15 at an Anderson County Council meeting, where the panel approved extending a tax agreement and infrastructure credit, first instituted in 1996, through 2017.

The investment will be in the firm’s Sandy Springs semi-finished products facility and Starr rubber compounding factory. Michelin plans to explain in more detail its expansion plans Nov. 28…

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