Nokian eyes third plant in Europe

ERJ staff report (TB)

Nokia, Finland – Nokian Tyres plans to add a third factory in Europe, most likely in eastern Europe, to meet the expected rising demand for its products, reports Bruce Davis of our US-based sister publication Tire Business.

A top executive said this recently without disclosing the company’s timetable for its final decision.

Speaking to a delegation of U.S. and Canadian tire dealership representatives at Nokian’s headquarters plant in Nokia recently, Hannu Teininen, vice president of sales and logistics, said company management has approved funding…

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