Trade association the Chemical Industry Federation of Finland has awarded Nokian Heavy Tyres Ltd during its annual Safety Awards ceremony, which took place yesterday. It honoured Nokian in the large companies category, acknowledging the tyre maker’s senior management for their strong commitment to improving safety.
Nokian Tyres is increasing production capacity for passenger car tyres at its factory in Finland approximately 30 per cent by adopting a four-shift production schedule. To accommodate this capacity increase, it will hire around 70 new workers for passenger car tyre production in Nokia, Finland. Recruiting begins immediately and four production shifts will be in action by the start of August at the latest.
Nokian Heavy Tyres is acquiring a Finnish heavy equipment wheel company Levypyörä Oy. With its two business lines, wheels and steel structures, Levypyörä serves several original equipment manufacturers and aftermarket customers in forestry, agriculture and earthmoving applications. Annual net sales of Levypyörä are approximately 18 million euros.
Through an investment of around 70 million euros in its factory in Nokia, Finland, Nokian Tyres group company Nokian Heavy Tyres Ltd. will increase its production capacity by 50 per cent over the coming three years. The maximum capacity for heavy tyre production will grow from approximately 20 million kilogrammes a year to 32 million kilogrammes. Alongside this capacity boost, approximately 50 additional people will be hired for the production of heavy tyres.