KRANJ, Slovenia, December 18, 2018 /PRNewswire/ --
- Planned investment of €94 million to increase current
capacity by approximately 25%
- Will result in up to 1.8 million additional premium,
larger-rim-diameter tires annually by 2022
- Expansion expected to create approximately 160 new
jobs
- Construction to begin in January
2019
Goodyear announces plans to expand its
manufacturing facility in Slovenia
to meet the growing demand for premium tires in EMEA.
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(Photo:
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)
"The demand for premium, larger-rim-diameter consumer tires
is growing across EMEA. To ensure the sustainable growth of our
business, Goodyear plans to invest €94 million in its plant in
Kranj, Slovenia to increase its
capacity in this profitable segment," announced Henry Dumortier, Goodyear's Vice President
Consumer Europe.
The investment will add 5400 square meters to accommodate
advanced tire building machines, increasing the plant's overall
capacity by approximately 25%. This will allow for production of an
additional 1.8 million premium, A segment consumer tires annually.
Production will focus on 17- to 19-inch replacement tires in
EMEA.
The company expects to create about 160 new positions in Sava,
mainly in the production area. The first phase of construction will
begin in January 2019, with
additional phases planned for 2020 and 2021 to reach full
capacity.
"We are extremely proud that Goodyear decided to make this
important investment here in Kranj. The decision reflects the
company's trust and confidence in our local
team's high-quality production and is a great
recognition of our performance over the last 20 years,"
emphasized Matej Zavrl, Managing
Director of Goodyear's Slovenian entity.
Since 1998, Goodyear has invested over €270 million to develop
its Kranj facility. Continuous improvements enabled Goodyear Dunlop
Sava Tires (GDST) to grow into one of the biggest and most
successful companies in Slovenia,
and one of the country's biggest employers. GDST developed from a
local manufacturer of low and middle price range tires under a
single trademark, into a manufacturer of the most challenging,
high-quality premium segment tires. Since first established in
1998, the company has produced over130 million tires.
Contact:
Ana Vercko Grilec
Goodyear Communications
+32-471-70-39-78
ana_verckogrilec@goodyear.com
