NEW YORK (Nov. 11, 2010) — Pirelli Tire North America Inc. (PTNA) has added rubber compounding capacity at its Rome, Ga., tire plant, a $12 million investment designed to support the firm's growth plan.
Since it opened in 2001, Pirelli's Rome plant has sourced rubber compound from outside vendors and other Pirelli plants worldwide.
The investment will support Pirelli's market gains of the past several years, the company said, and allow the plant to be more flexible to build new strategic skus.
“The addition of a new mixing room demonstrates our dedication to Pirelli's strategic growth in North America…,” said Mauro Pessi, chairman and CEO of PTNA.
Pirelli has invested more than $92 million in the Rome plant since 2001, the company said.