3 tyre makers building new plants in the US

摘要

Three tyre makers—Yokohama, Kumho and Hankook - are building new tyre plants the United States. The groundbreaking ceremony for Yokohama's first greenfield manufacturing facility in the United States was held recently. The plant is scheduled to enter production in October 2015 and manufacture up to one million tyres a year, mostly for the domestic market. Yokohama's initial investment in the facility amounts to $300 million. Future expansion will increase the company's investment to more than $1 billion.