Sumitomo to invest €80m in South Africa tire ops

Durban, South Africa – Sumitomo Rubber South Africa (Pty) Ltd (SRSA) has launched a R1.1-billion (€80 million) investment plan, mainly to beef up its OE tire supply capabilities in the region.

Focused on the company’s South Africa manufacturing plant in Ladysmith, the plan includes initiating local production of the Sumitomo Tires’ brand, range extensions and quality enhancements to the Dunlop brand.

The investment comes at a time when the industry faces challenges from high manufacturing costs, tough labour relations…

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