MEXICO CITY (Nov. 27, 2000) — Independent Mexican tire maker Cia. Hulera Tornel S.A. de C.V. is leasing a Uniroyal S.A. tire plant in Tacuba, Mexico, that the Group Michelin subsidiary closed earlier this year.
Tornel will start making light and medium truck tires there in January for Uniroyal, according to Armando Tornel Murillo, executive president.The company´s deal with Uniroyal includes an option to buy the 54-year-old plant, he said.
Tornel hopes to reach the plant´s rated capacity of 3,000 tires a day during 2001, with a labor force of 200-230 workers, he said. Tornel operates tire plants in Mexico City and Tultilan; with sales of $94.5 million in 1999, Tornel was ranked the world´s 56th largest tire maker.