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International, Tyre Industry

Michelin confirms investment of USD 3.1 billion in North America.

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Posted: June 30, 2016 at 10:58 am   /   by   /   comments (0)

Michelin North America has confirmed since year 2011 the company has invested close to USD 3.1 billion in order to support Michelin’s sustainable growth strategies.

Pete Selleck, president & chairman of Michelin North America said of the investment, “Michelin has invested billions of dollars and created tens of thousands of jobs since arriving in North America more than 40 years ago.” Adding that, “Michelin North America’s long-term business priorities will remain focused on investments in manufacturing and operations infrastructure, as well as the people of Michelin who drive innovation. Their ingenuity and work ethic are responsible for many of the technology innovations that have transformed the tire industry, resulting in better mobility for all.”

Michelin employs nearly 23,000 people at its 20 major manufacturing facilities, with 16 in the U.S., three in Canada and one in Mexico.

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