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You are here: Home1 / News2 / Company News3 / GRI breaks ground on phase 2 of $100 million speciality tyre plant

GRI breaks ground on phase 2 of $100 million speciality tyre plant

Date: 18th January 2021 Author: Andrew Bogie Comments: 0
GRI CEO Dr Mahesha Ranasoma joins the company’s senior team in breaking ground (Photo: GRI)

GRI has laid the foundation stone for the second phase of its $100 million manufacturing facility in Badalgama, Sri Lanka. The plant, in the Mirigama Export Processing Zone will expand production of speciality tyres as global demand for its products grows. The company has been expanding rapidly since its $40 million-plus investment in the “world-class” manufacturing facility, inaugurated in 2018. Phase two will include a new mixing facility, expanding the original plant by the end of 2021.

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Related news:

  1. GRI acquires Nortire OU
  2. Building on foundations of growth – GRI MD talks with T&A
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  4. GRI adds new mixing facility in Sri Lanka
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agricultural tyres, construction tyres, GRI, Manufacturing, material handling tyres, speciality tyres, Sri Lanka

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