Goodyear investing $36m in OTR tyre production at Luxembourg plant

Goodyear has revealed that it is to invest $36 million in a bid to increase OTR tyre production and fund process improvements at its manufacturing plant in Colmar-Berg, Luxembourg.

Commenting on the announcment, David Anckaert, Vice President Goodyear Commercial Europe said: “The demand for premium OTR tyres continues to grow worldwide thanks to the expansion of mining and construction operations, as well as developments in the port and industrial segments.

“This important investment in our operations will allow us to respond to the growing demand and to better serve the daily operations of our customers in the field with a complete portfolio of high-quality products and total mobility solutions both for trucks and off-the-road machines.”