Nokian granted state funding for new US plant

Nashville, Tennessee — In the US, the Tennessee State Building Board Commission has approved $28.4 million (€23.7 million) in financial support for the $360-million tire factory Nokian Tyres Inc. is planning to build in Dayton, Tennessee.

nokian-usa-The state assistance is in the form of a state infrastructure grant, which will be administered by the city of Dayton’s Industrial Development Board for plant infrastructure, site development, equipment, facility construction and all required related work.

Previously approved capital improvement monies…

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