The new facility of off-road tires supplier, Trelleborg Wheel Systems, located on the company’s existing premises in Spartanburg, S.C., will be will be strategically important to the company's growth, supporting the company's global production of radial tires for both original equipment manufacturers (OEMs) and tire dealers.
Production of these agricultural equipment tires is expected to commence in late 2015.
This location, announced on May 7, will be the company’s first North American manufacturing facility to produce radial tires for agricultural machinery.
The $50 million investment is expected to create approximately 150 jobs by 2018.
The new, 430,000-square-foot facility will be located on Trelleborg's existing premises in Spartanburg, which includes Trelleborg Coated Systems US, Inc. The location will provide Trelleborg Wheel Systems advantages in supplying the North American agricultural equipment market by introducing domestic manufacturing of the tire line.
"In coming to Spartanburg County, we'll be located in a modern facility in a prime location, capitalizing on existing partnership agreements with major OEMs and distributors while facilitating the transfer of technology from one part of the world to another,” said Maurizio Vischi, president of the Trelleborg Wheel Systems Business Area. “Although we already sell our products in the United States and Canada, local production offers considerably more favorable conditions, thus enhancing our competitiveness."
The new machinery, which will also be installed by 2018, will cater to market growth and ensure that OEMs, dealers and farmers alike benefit from Trelleborg's proximity and product availability, the company said.
Trelleborg Wheel Systems Americas is a division of the Italy-based Trelleborg Wheel Systems business area, which is part of the Trelleborg Group. Founded in 1905 it has annual global sales of $3.3 billion. The parent company is headquartered in Trelleborg, Sweden and has more than 15,000 employees in over 40 countries with approximately 90 manufacturing plants worldwide.