Michelin to invest $750M in South Carolina OTR tyre plants – updated

ERJ staff report (DS)

Greenville, South Carolina — Michelin
North America Inc. (MNA) will invest $750 million in South Carolina
to build a second OTR tyre plant and expand its existing OTR tyre
plant in Lexington.

The new plant will be built on land near Starr, in Anderson
County, to the southwest of Greenville South Carolina. Michelin already has a
rubber compounding/calendering plant there and hundreds of acres of
land on which to build.

Michelin did not disclose the size or capacity of the new plant or
the size of the expansion at the Lexington…

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