Michelin will build a plant in China

25 january 2010
The company Michelin will build a plant in China in the near future. Almost $1 billion has been allocated for this. It is expected that the plant will start operating in just a few years.

It is assumed that the plant will be built in Shenyang, where the company already has one plant. The number of tires produced will be increased to twenty-eight thousand per day.

Also, in the near future, the construction of two new Michelin plants in India and Brazil is expected.