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Pirelli plans to invest $500000000 to build a plant in Argentina |
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Italy tire manufacturer Pirelli expressed plans to invest $500000000 in Argentina to build a factory production truck radial tire.The spokesman said, the company will invest $300000000 in 2014 before the construction, according to market demand, the remaining $200000000 to expand the factory capacity. The plant will be the first phase of an annual output of 700000 truck radial tire, the second phase of the production will be expanded to an annual output of 1400000 tires.Argentina is Latin America's third largest economy, Pirelli in Argentina Buenos Rees built a plant, the new factory in Argentina, is its expanding in emerging markets sales profit part of strategic plan. Pirelli is expected in Argentina this year business income will increase by 40% to $500000000.Pirelli is the world famous tire companies, in the global top 100 enterprises in eighty-ninth parts. By the world famous automobile manufacturers recognized, Audi, Bentley, Ferrari, BMW, Mercedes-Benz, Lanbojini such famous brands are designated as matching the original tire Pirelli tyres. The last year's global sales of US $1300000000.
The article above is transfered from glow plug, and spark plug |
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