Nokian to raise heavy-tire production capacity

Nokia, Finland — Nokian Tyres PLC is planning to increase capacity for heavy commercial tires at its headquarters plant in Nokia by 50% with an $82 million investment over the coming three years.

The project will increase the plant’s rated capacity for heavy tires to about 32,000 metric tons per year from 20,000, and will create up to 50 new jobs, Nokian said.

Manu Salmi, vice president of Nokian Heavy Tyres Ltd, said the investment reflects rising demand for the unit’s products and said the Nokia plant…

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