Michelin recently announced plans to construct a new tread pressing plant adjacent to its Michelin Mexico headquarters and passenger tire plant in Queretaro, Mexico. Construction will begin immediately, with production expected to start in spring 2007. The plant will produce tread rubber for the commercial truck retread tire market in North America and will employ up to 120 people.
Michelin says the growth of the retread market and the demand for commercial truck tires has led to the expansion of several of its plants. Currently, retreads for the Mexican market are being made at the company’s plant in Covington, Ga. Opened in 1999, the Covington plant is completing its own expansion; scheduled for completion in mid-2006, the expansion will double the capacity of the facility.