Alliance Tire Group kicked off production in its new factory in Dahej, India. The company’s third tyre plant will produce off-highway tyres for the global marketplace, ATG said.
The tyremaker invested nearly $510 million into the factory and the plant features state-of-the-art manufacturing and testing equipment, ATG said. Once the plant is at full capacity, expected in early 2016, it will produce 54,000 tons a year and will employ 1,500 workers.
The 115-acre site is located near ports on India’s west coast ensuring the flow of raw materials and export of tyres, the tyremaker noted. The site also includes room for expansion.