Nokian Tyres is to construct a US$360m factory in the state of Tennessee, its first in North America. The facility will service customers across the USA and Canada with a manufacturing focus on car and light truck all-season tires for the NA market.
The factory will not only increase production but also warehouse capacity, enabling the company to meet the increasing demand throughout North America.
Approximately four million tires will be produced at the plant annually while space for expansion could enable a ramp-up in future. The site will also house a distribution facility with a storage capacity of 600,000 tires.
“In addition to increased capacity, the Dayton, Tennessee, site’s proximity to North American customers will shorten lead and delivery times,” said Tommi Heinonen, head of Nokian Tyres North America.
“It’s our goal that the new plant will help us better serve our growing customer base throughout the USA and Canada by improving customer service and efficiencies.”
The plant will create up to 400 new jobs in Rhea County with about half of the total investment flowing into the local economy.