Yokohama Rubber to expand off-highway tire production capacity in India
The Yokohama Rubber Co., Ltd. announced that it will increase production capacity for off-highway tires at ATC Tires Pvt. Ltd., an Indian tire manufacturing and sales subsidiary of the Alliance Tire Group (ATG). Yokohama Rubber acquired ATG in July 2016.
The company plans to invest USD 45.50 million in new facilities at ATC Tires. Construction will start in February 2018 at the Dahej Plant in the state of Gujarat, India. The new facilities will boost the annual production capacity from 57,000 tons to 91,700 tons, by the end of 2019.
According to Yokohama, the investment will further strengthen the Group’s commercial tire business and accelerate its ongoing globalization. The Dahej Plant began operations in March 2015 and now produces the three core ATG tire brands Alliance, Galaxy and Primex, which are used on a wide range of off-road vehicles.