This second location will stand over a 142,000 square meters area.
Michelin expects to grow its production threefold after the construction of its second plant in Mexico.
This second factory will be located in the industrial park Parque Industrial Leon-Bajio, in Leon, Guanajuato, with a $510 million capital investment.
This location will stand over a 142,000 square meters area, and operations are expected to start in the last trimester of 2018. According to this French Corporation, over 2 million tires per year are currently manufactured at the Queretaro location, where over 600 associates are employed.
It is estimated that the Guanajuato plant shall produce 4 million tires, with and add up of 6 million tires that will go to the local and the U.S. markets.
You might also be interested in:
Recently, the concept of a traditional career is being challenged, which in turn is steering companies toward constant learning experiences that allow employees to build skills quickly, easily, and on their terms. These new learning models are challenging the traditional concept of a static career and reflect the decline of skills critical to the twenty-first-century organisation.
The Covid crisis has had a major impact on global business – including of course the businesses that directly serve patients; pharmaceuticals and healthcare. So are the changes here to stay?