◂ Announcements

Apr 7, 2022EXPANSIONSanto André, Brazil

Prometeon to invest R$60M in Santo André tire plant expansion and lab

Prometeon Type Group announced a R$60 million investment in its Santo André unit, including R$55 million to expand production of Radial Agro tires by 20% and R$6.5 million for a new indoor Test Center Latam. The expansion will create about 150 direct and indirect jobs.

Value

$12.0M (60.0M BRL)

Jobs

150

Status

Announced

Capacity

20% increase in production of Radial Agro tires

ProductsRadial Agro tires

CompaniesPrometeon Type Group

Sectors#Automotive Components

“Com isso, planejamos ampliar em 20% nossa produção de pneus Agro Radial.”abcdreal.com.br

1 source
abcdreal.com.brPrometeon Type Group anuncia investimento de R$ 60 milhões em Santo André - ABCD RealJoaquim AlessiApr 8, 2022

Summarized from public sources; check the original articles before acting on it.

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