Mitas signs contract for US factory equipment
Mitas Tires, formerly CGS Tires US, reports the signing of a contract covering US$10 million worth of curing presses for its factory in Charles City, Iowa, which is currently under construction. The presses will be delivered and installed in August and September this year and the production of radial agricultural tyres will begin in 2012. In its first year of operation the plant will employ an estimated 159 workers and the company plans to employ 262 people in the US by 2016.
The equipment to be installed in the Charles City plant is similar to that Mitas uses in its Czech Republic based factories. Czech machinery manufacturer TS Plzeň will supply the curing presses. The firm, notes Mitas in a press release, is located in the western Bohemian city of Pilsen, a locale better known as the home of Pilsner beer.