Michelin grants loans to businesses

Rubber & Plastics News

Greenville, South Carolina — Michelin North America Inc. has disbursed loans totaling $115 000 (Euro 89 000) in low-interest loans to three South Carolina businesses as part of a programme to help businesses in disadvantage areas of the region.

The company, which has set aside $1 million in its Michelin Development Upstate program, to the Dawg House Grill, Musical Innovations and The Village Ministry of Spartanburg, South Carolina. The loans offer the potential for the recipients to add jobs to the local economy,…

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