Michelin Closes Mexico Tread Pressing Plant
Overcapacity in Michelin’s North American retreading operations led the company to close its truck tread pressing plant in Querétaro, Mexico on July 7. Production from the Michelin Retread Technologies (MRT) plant, which employs approximately 80 people, will be relocated to the company’s retreading facility in the United States. Michelin states that the decision to stop production of this particular product line has no impact on the continuing operations of its passenger car and light truck tyre plant in Querétaro.