ERJ staff report (RPN)
Rubber & Plastics News Report
Silao, Mexico—Pirelli SpA has manufactured its one millionth tire at its Silao plant, the company said as it held a 19 June celebration at the site.
The tire plant, which produces high performance and ultra-high performance tires for cars and light trucks, is Pirelli's first in Mexico and No. 22 worldwide. The nearly 1.5 million sq-ft. (139 354 sq.m) plant opened on 31 May. According to the company, tires produced in Silao serve the US, Canadian and Mexican markets. The company said that 60 percent of Pirelli's tires sold in the NAFTA region are made in Silao.
The factory is expected to produce 3.5 million tires in 2015, and when fully operational two years later, capacity is forecast to be 5.5 million.
Pirelli's investment in the facility through 2017 is expected to be $400 million, and by that year, Pirelli said it will create 1400 direct and 400 indirect jobs in the region.
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Article from Rubber & Plastics News