Posted on October 11, 2012

Michelin Marks Completion of $200 Million Investment in Lexington Tire Plant

Project Adds 270 Additional Workers to Passenger Tire Plant

LEXINGTON, S.C. (October 12, 2012) – Michelin North America produced the first tire on its expanded production line at its Lexington passenger and light truck tire plant today. The tire rolled off the line at 12:12 p.m. and marked a key milestone in the completion of a $200 million investment.

Michelin is the largest manufacturing employer in the state of South Carolina with approximately 8,000 employees.Once fully completed this investment in Lexington will add 270 additional workers to the plant.

“This investment allows us to meet increasing market demands for Michelin tires,” said Peter Sutton, Lexington site manager for Michelin North America. “We are very proud to have begun production, in just over 18 months since the announcement of this project. It is another example that we have the best people in the tire industry.”

 This project employs the latest technologies, making this new tire production line amongst the most advanced in the world. The Lexington expansion project is part of a $950 million comprehensive investment committed to the state of South Carolina that will create up to 770 new jobs. In April, Michelin announced it will be expanding its Earthmover facility in Lexington and building a new plant in Anderson County.

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About Michelin North America

Michelin, the leading mobility company, is dedicated to enhancing its customers’ mobility, and sustainably; designing and distributing the most innovative tires, services and solutions for its customers’ needs; providing digital services, maps and guides to help enrich trips and travels and make them unique experiences; and developing high-technology materials that serve a variety of industries. Headquartered in Greenville, South Carolina, Michelin North America has approximately 23,000 employees and operates 34 production facilities in the United States and Canada. (michelinman.com)