Michelin North America will invest $73 million to expand its truck tire manufacturing facility in Waterville, Nova Scotia, Canada, with estimates of hiring 50 workers.
The tire company plans a 3,000 meter expansion to its assembly building, along with equipment improvements, which will increase production capacity at its plant that produces radial truck, off-road and heavy-duty earthmover tires. Dana LeBlanc, president, Michelin North America said “Michelin believes in both the province of Nova Scotia and our highly skilled employees. The demand is growing in North America for our wide based tire products like the Michelin X One, and this manufacturing investment at Waterville will help us meet that demand.”
“We appreciate our long-standing partnership with the provincial government and we are certainly proud of our over 40-year history of manufacturing in this province. This investment is even more special, as Waterville just celebrated 30-years of manufacturing last year,” LeBlanc added.
“Companies like Michelin have demonstrated that Nova Scotians, and particularly the workers and industries in rural Nova Scotia, can be among the world’s best in quality and productivity,” said Nova Scotia Premier Darrell Dexter. “This investment will help Michelin create an anticipated 50 new, high-value jobs in rural Nova Scotia.”