US – The $560m tyre manufacturing and distribution centre will cover 1.8m sq.ft and have an initial production capacity of 5m units per year. Products will cater to passenger cars and light commercial vehicles (LCVs) in both original equipment and replacement markets.
The new development will be the first greenfield project for Giti in North America and will be constructed according to what the company calls its “green initiatives”. Giti’s announcement of a new facility comes in response to growing demand within the region.
“Giti Tire plans to further increase production capacity in response to future market demand and conditions,” said Tom McNamara, executive vice-president of sales and marketing, Giti Tire USA.