Groupe Touchette to Acquire National Tire Distributors Business from American Tire Distributors
Groupe Touchette Inc. (“Groupe Touchette”) and American Tire Distributors…
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3 weeks ago
Global Rubber Industries Pvt. Ltd. (GRI) has completed the second phase of the $100 million capacity upgrade of its specialty tire plant in Sri Lanka.
The goal of the investment is to increase GRI’s total production capacity to 750,000 tires a year.
The expansion includes the addition of eight new tire building machines and 17 curing presses, plus “state-of-the-art technology for real-time decision making and machine optimization and a constant focus on R&D enhancement of physical infrastructure in the factory premises,” say GRI officials. …
Source: MTD
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