MADISON, Tenn. (April 20, 2005) — Marangoni Tread North America Inc. has begun an expansion of its Madison Ringtread plant to increase supply of the Alpha Ring line.
“This expansion will double our capacity and should come on stream by August,” said President Bill Sweatman. The company added that the expansion schedule had been moved up because of high demand.
The $10 million Madison plant—Marangoni's first in the U.S.—opened just last year. As the company celebrated its opening, officials already were planning an expansion to double output by 2006. The 50,000-sq.-ft. facility began production last April. Officials said last year that the expansion could be done without expanding the plant's size.