Goodyear puts US$77 million into new automated Luxembourg factory

Tuesday 12th September 2017 | 0 Comments

 
And illustration of Goodyear’s new, highly automated Luxembourg production plant
And illustration of Goodyear’s new, highly automated Luxembourg production plant

The Goodyear Tire & Rubber Company has announced plans to build a new highly automated facility in Luxembourg. The company is investing $77 million in the facility, which will produce approximately 500,000 tyres annually and create approximately 70 new, full-time positions.

The facility will use a proprietary production process called Mercury. This features “highly-automated, inter-connected workstations to efficiently produce premium tyres in small-batch quantities”. Tyres made in the Mercury process will be sent to both replacement and original equipment customers.

Goodyear chairman, chief executive officer and president Richard J. Kramer announced Mercury and the company’s plans at the groundbreaking event for the facility:

“Mercury addresses the increasing complexity in the tyre industry as the number of vehicle models and options available to consumers continues to proliferate…It gives us the capability to increase our speed and flexibility to meet the growing demand for small volumes of high-margin, premium Goodyear tyres and to deliver them to customers on demand, faster than ever.”

The new facility, set to open in 2019, is in close proximity to Goodyear’s Luxembourg innovation center and tyre proving grounds.

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Category: Company News, International News

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