Michelin investing €93m to expand rubber-track production
US project to add 200 jobs and increase capacity for Camso-branded agricultural tracks
Junction City, Kansas – Michelin North America has announced plans to invest $100 million (€92.6 million) to expand its production of rubber tracks for agricultural equipment.
The investment over the next five years at Michelin's Junction City site is to support both aftermarket and OE demand for Camso-branded rubber tracks.
The project is expected to create 200 jobs, said Michelin, without disclosing the current production capacity or expected output increase at the Kansas site.
The Camso brand specialises in off-road tires, rubber tracks and systems for material handling, construction, agriculture and powersports industries.
Kansas is home to three Michelin manufacturing plants, producing agricultural rubber tracks and wheels.
Announced 22 May, the rubber-track expansion is the latest in a series of investments by Michelin in North America over the recent years.
In March, the French-based group announced a €200 million investment programme across three facilities in Nova Scotia.
Prior to that, Michelin invested $175 million in its South Carolina production facilities in 2020.