GREENVILLE, S.C.-Michelin North America will spend $24 million to hike rubber compounding capacity and enact improvements at its three tire plants in Nova Scotia. The firm's Granton plant, which makes auto and light truck tires and also compounds rubber for Michelin, will get $13 million in capital expenditures. About $6 million will go to boost mixing capacity, $4 million to improve quality, safety and ergonomics and $3 million to improve productivity in the tire-building and compounding areas.
Michelin will spend $11 million on improvements at factories in Waterville and Bridgewater. The Waterville facility makes truck/bus and off-the-road tires, while the Bridgewater unit makes auto and light truck tires and steel cord for other Michelin sites.
The plants' overall production levels will remain about the same after the projects, the spokesman said, and employment won't change.
Together, the factories produce 7 million tires annually.