Nokian selects US for third tire production plant

Nokia, Finland – Nokian Tyres is to build a $360-million (€330 million) production facility in Dayton – Rhea County – Tennessee, US, the Finnish tire maker announced 3 May.

In its first quarter report, Nokian said its board of directors has made a principal decision on the investment and authorised the management of the company to sign a letter of intent with the respective authorities in the US.

The new factory will produce 4 million tires a year with an expansion potential in the future. The company…

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