Finnish tyre maker Nokian Tyres is planning to increase its passenger car tyre production capacity at its Finnish factory by 30% by changing work shifts. It is currently running three shifts five days a week and by 2019, the factory will run four shifts, six days a week. With this capacity increase, more than 80 new people will be hired for passenger car tyre production in Nokia.
Nokian, which is known for its studded winter tyres, has its main plant in Russia and it is looking to build a new factory in the US, work on which started last year.
The $360 million manufacturing facility will be located in Dayton, Tennessee, its third factory. The new plant will service customers across the US and Canada, concentrating on the production of North American-specific car and light truck all-season tyres.
The site will also house a distribution facility with a storage capacity of 600,000 tyres. First tyres will be produced in the new plant in 2020. Total manufacturing capacity of 4 million tyres will be taken into use by 2022.