Michelin breaks ground on Chinese plant

ERJ staff report (DS)

Shenyang, China -- Michelin has held the foundation stone-laying ceremony for its new plant in Shenyang, China. The $1457 million (euro 1074 million) project will focus on high performance radial tyres

Once at full capacity, in four years time, the plant will employ 1500 and have annual capacity for 10 million car tyres (Editor's note, the auto-translation (below) of the Michelin website says the annual capacity will be 1000 million car tyres per year. We think this is a translation error) and 1.8 million truck tyres and 295 000 retreads

Michelin said the tyres will be lower weight and therefore consume less raw materials than previous tyres.

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Press release from Michelin China

Michelin Shenyang groundbreaking ceremony was held in the new plant

Above press release auto-translated into English (from Chinese)

Michelin to build new tyre plant in Shenyang

China Knowledge (China)

Michelin to invest 1.5 billion USD in new China plant

People's Daily (China)