# Nokian Heavy Tyres to expand production capacity by 50% in Nokia, Finland

Nokian Heavy Tyres Ltd is investing approximately EUR 70 million to increase production capacity at its factory in Nokia, Finland, by 50% over three years, from 20 million kg to 32 million kg of heavy tyres annually. About 50 new jobs will be created.

- Type: Expansion
- Announced: 2017-12-22
- Where: Nokia, Finland, Finland
- Value: $83.0M (70.0M EUR)
- Jobs: 50
- Status: announced
- Capacity: 32 million kg per year
- Products: heavy tyres
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Nokian Heavy Tyres](https://endata.com/companies/29015.md)
- [Nokian Tyres](https://endata.com/companies/24022.md) (partner)

## Sources

- [company.nokiantyres.com](https://company.nokiantyres.com/news-and-media/news-article/nokian-heavy-tyres-to-increase-its-production-capacity-by-50-investing-eur-70-million-in-nokia/), 2017-12-22: "The international heavy tyres market has developed positively and our sales has been increasing."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.