GREENVILLE, S.C., June 27, 2016 /PRNewswire/ -- Michelin North America has invested more than
$3.1 billion on manufacturing
capacity and infrastructure and other developments since 2011 in
support of its sustainable growth strategies, the Company announced
today.
Michelin North America currently
operates 20 major manufacturing plants (16 in the United States, three in Canada, one in Mexico), employing nearly 23,000 people.
"Michelin has invested billions of dollars and created tens of
thousands of jobs since arriving in North
America more than 40 years ago," said Pete Selleck, chairman and president of
Michelin North America, the
Greenville, S.C.-based regional
unit of Michelin Group (Compagnie Générale des Etablissements
Michelin), the global tire leader with headquarters in Clermont-Ferrand, France.
"Michelin North America's
long-term business priorities will remain focused on investments in
manufacturing and operations infrastructure, as well as the people
of Michelin who drive innovation," Selleck said. "Their ingenuity
and work ethic are responsible for many of the technology
innovations that have transformed the tire industry, resulting in
better mobility for all."
Here is a summary of Michelin North
America's recent highlights in the
United States, Canada and
Mexico:
United States
Growth and expansion in the United
States comprised approximately $2.8
billion of Michelin North
America's total investment over the past five years.
Michelin employs more than 18,000 people 16 major manufacturing
sites in the United States.
South Carolina, where
Michelin North America's
headquarters is located, represented approximately $2.1 billion, or about two-thirds, of the
Company's total capital investment in the five-year period.
Michelin North America operates 10
major manufacturing sites in South
Carolina.
Michelin brand is the distinguished choice for exclusive
original-equipment tires on many of the iconic, most recognizable
high-performance automobiles launched in North America. Since 1989, Michelin has earned
80 top rankings from J.D. Power and Associates for
original-equipment customer satisfaction, over four times more than
all other tire brands combined. More recently, the Company also has
introduced or expanded Michelin's award-winning Pilot, Defender and
Premier passenger-tire lines; reinvigorated the stalwart BFGoodrich
Tires brand with the All-Terrain T/A KO2, Comp2 A/S and Rival tire
lines; and commercialized production of the revolutionary Michelin
X Tweel Airless Radial Tire. In the heavy-truck category, the
Company has introduced new tires under the BFGoodrich and Uniroyal
brands, extended the Michelin X Line Energy series, and also
launched a new suite of services for fleets and operators.
Canada
Michelin has invested more than (USD) $302.8 million in Canada over the past five years across three
manufacturing sites.
Michelin North America
(Canada) Inc. has introduced the
category-leading X-Ice Xi3 winter tire in addition to in-country
launches of Michelin's Defender and Premier lines, as well as
BFGoodrich's KO2, Comp2 A/S and Rival tires. For heavy trucks, the
Company launched production of the Michelin X One wide-single tire,
introduced new tires under the Uniroyal and BFGoodrich brands, and
also launched a portfolio of services for fleets and operators.
Mexico
Michelin has invested nearly (USD) $43
million at its co-located facilities in Queretaro, Mexico, over the past five
years.
During the same period in Mexico, Michelin has launched Defender LTX,
Premier LTX and LTX Force tires for passenger vehicles. The Company
introduced Uniroyal-brand tires for heavy trucks during the period,
as well as launching and expanding a suite of services for fleets
and operators.
About Michelin
Dedicated to the improvement of sustainable mobility, Michelin
designs, manufactures and sells tires for every type of vehicle,
including airplanes, automobiles, bicycles, Earthmovers, farm
equipment, heavy-duty trucks and motorcycles. The company also
publishes travel guides, hotel and restaurant guides, maps and road
atlases. Headquartered in Greenville,
S.C., Michelin North America
(www.michelinman.com) employs more than 22,650 and operates 20
major manufacturing plants in the U.S., Canada and Mexico.
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SOURCE Michelin