FRANKFURT, Germany-Following are the 10 largest tire manufacturing expansion projects worldwide, ranked by value. Michelin North America
Lexington, S.C.: Since announcing plans in November 1995 for a $150 million to $280 million off-the-road tire plant adjacent its passenger tire production facility in Lexington, the company has enlarged the project with additional radial tire capacity and 700 more jobs, bringing the plant's anticipated workforce to 2,000. Completion is set for the year 2000.
Greenville, S.C.: Capacity for radial passenger tire production is being increased, adding 450 jobs in a $130 million to $200 million expansion project also slated for completion in 2000;
Spartanburg, S.C.: Capacity for radial truck tire production is being expanded, adding 300 jobs via a $110 million to $210 million expansion project, expected to be completed in 2000;
Sandy Springs, S.C.: In a project expected to cost between $110 million and $210 million, Michelin is expanding and modernizing its semi-finished products unit and adding 180 jobs to the present workforce of 1,300.
Total cost of the company's four U.S. expansion projects is between $500 million and $900 million.
Anhui, China: Plans call for building a new radial passenger tire plant while modernizing existing bias-ply production facilities in Anhui at a cost of $400 million over the next five years.
Cheng Shin-Toyo Tire & Rubber (China) Co. Ltd.
Kun Shan, Jian Su: Plans call for building a $150-million radial passenger and light truck tire plant with a daily capacity of 10,000 units. A joint venture between Taiwan's Cheng Shin and Japan's Toyo, the project is to be completed early in 1997.
Olsztyn, Poland: Groupe Michelin of France, which owns 52.1 percent of the Olsztyn plant, plans to spend $150 million modernizing and increasing its radial passenger tire production capabilities. The plant is expected to be at full capacity by 2001.
Qingjiang Rubber Factory
Qingjiang, Jiangsusheng Province, China: Plans call for modernizing and expanding production of bias-ply light truck, truck and agricultural tires using technology supplied by Hankook Tire Co. Ltd. of South Korea. The $142 million project will increase annual production capacity to 800,000 units this year. Capacity for 2.1 million radials also is planned.
Debica, Poland: With the assistance of Goodyear, which recently purchased a 50.7-percent share in its operations, the Debica plant is expanding and modernizing to increase production of radial truck tires and manufacture inner tubes, whose production is being diverted there from Turkey. Total cost to Goodyear, including purchasing, is $115 million.
Yokohama Tire Philippines
Clark Econ Zone, Philippines: This 80/20 joint venture between Yokohama Rubber Co. Ltd. of Japan and Kawasho Corp. of the Philippines, calls for building a new $114 million radial passenger tire plant, employing 400, and ultimately capable of turning out 10,000 units per day. It is scheduled to go on stream the first quarter of 1998.
Indore, Madhya India: This joint venture between Japan's Bridgestone Corp. and India's Associated Cement, calls for building a $99 million radial passenger and light truck tire plant with a capacity of 1.9 million units per year.
Shomoneseki and Hofu, Japan: A $95 million project is under way to expand and modernize capacity for both bias and radial off-the-road tires, increasing capacity to 100,000 tons per year.
Toyo Tire & Rubber Co. Ltd.
Kuwana, Japan: Plans call for doubling radial truck tire capacity at the Kuwana facility, formerly owned by Toyo's Ryoto Tire Co. Ltd. subsidiary. Toyo expects to divert production from its Itami plant, marked for closure by 2000.