Michelin today announced its plan to invest more than $100 million into its Junction City, Kan. operations over the next 5 years to increase production capacity of tracks for agricultural equipment.
The investment, part of Michelin’s global growth strategy, will increase the output of Camso agricultural rubber tracks to better respond to market evolution. This includes both aftermarket and original equipment customers.
Camso, a brand under the Michelin Group, specializes in off-road tires, rubber tracks and systems for material handling, construction, agriculture and powersports industries.
“As a leader in the beyond road segment, this investment is additional proof of our commitment to partner with our customers,” said Erick Bellefleur, Sr. VP of the global Beyond Road business line. “With this investment, we’ll not only be able to meet a growing need in the agriculture market, but we will also continue to add to our workforce in Kansas where our teams are eager to meet tomorrow’s challenges and serve our customers who are also our neighbors.”
Kansas is home to 3 Michelin manufacturing plants, specializing in agricultural rubber tracks and wheels. These products are designed to meet unique mobility needs of agricultural applications in the off-highway market. Through steady investment in the area, the company has increased production and the number of people employed in the state.
Investing in North American production
This is the latest investment in recent years to help Michelin better serve its customers. In March, the company announced a $222 million investment in three Nova Scotia facilities, following a $175 million investment in its South Carolina production facilities announced in 2020. The company also invested more than $20 million in the last 2 years to expand and improve the two Michelin facilities in Emporia, Kan.
Source : Farm Equipment