EPE, The Netherlands (March 27, 2014) — Tire machinery producer VMI Group is planning a “major” expansion of its manufacturing and research/development capacities at its home base in Epe and at its facilities in China.
“The expansions attest to our long-term commitment to meeting the demands of our customers, and will allow us to raise the bar for our customers even higher,” said VMI President and CEO Harm Voorman. “Our ongoing efforts to stay ahead of the competition have inspired us to develop and build the best-performing machines in the world.”
The new factory building in Epe will add about 45,000 square feet of assembly floor space, and the new R&D and Engineering office will add workspace for 150 to 200 engineers, VMI said.
The company did not elaborate on its plans for China or say what it’s budgeting for the projects.
VMI Holland B.V. is a wholly owned subsidiary of TKH Group N.V.
Earlier this year VMI was selected the Tire Industry Supplier of the Year at the Tire Technology Expo & Conference in Cologne, Germany.
Titan International and the United Steelworkers union have petitioned the U.S. International Trade Commission and U.S. Department of Commerce seeking relief from OTR tire imports from China, India and Sri Lanka. What’s your opinion?
|I wholeheartedly support their action – something needs to be done.||
|I think it’s a bad idea that could inevitably tie the hands of domestic tire makers.||
|I oppose any duties against tire importers—they only raise costs for distributors and make it harder to obtain inventory.||
|I’m kind of on the fence and not sure what’s right, but need more information before deciding.||
|I don’t really care whether or not relief is granted.||
|Total votes: 78|