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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.
Nokian Tyres' Board of Directors made a principal decision to invest in a new greenfield tyre factory in Dayton, Tennessee, USA. The investment is approximately USD 360 million, with an annual capacity of 4 million tyres and 400 employees.
| Site | Largest | Latest |
|---|---|---|
| Dayton, United States | $360.0M | 2017-05-03 |