Sri Lanka’s GRI building pneumatic tire plant

Badalgama, Sri Lanka – Industrial tire specialist Global Rubber Industries (GRI) has broken ground on a plant in Badalgama for pneumatic agricultural, industrial, OTR and construction tires, with trial production anticipated before year-end.

GRI is budgeting $40 million-plus ($38 million) for the new factory, which will be built on 10 acres of land belonging to GRI, adjacent to its existing solid industrial tire factory. All the products made at the new plant will be destined for export.

GRI Executive Director Ananda Caldera called his company’s strategic expansion…

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