Michelin to close plants in Colombia

ERJ staff report (TB)

Paris – Group Michelin will close two tire plants in Colombia in the coming months, reports Tire Business, citing a decade of “substantial losses” in Colombia and the plants’ insufficient size.

At the same time, Michelin said it intends to step up the sales and distribution efforts in Colombia by developing the Michelin Columbiana sales force, which will grow to more than 60, and working with its existing “solid” distribution network.

Closing the Chusaca truck tire and Cali passenger tire plants in Colombia will…

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