Pirelli consolidating operations in Brazil

Milan, Italy – Pirelli C. & SpA is consolidating its operations in Brazil with a possible plant closure and the investment of €120 million in the country over the next two years.

The “reogranisaiton of production structure” would involve the transfer of moto tire production from Pirelli’s plant in Gravataí, Rio Grande do Sul, to its factory in Campinas, Sao Paulo, which currently manufactures car tires only.

The move, said the Italian tire maker in a 13 May release, will strengthen the position of the Campinas factory…

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