Published: Tuesday, May 6, 2014 at 1:45 p.m.
Last Modified: Tuesday, May 6, 2014 at 1:45 p.m.
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A European tiremaker plans to tread new territory in Spartanburg County.
Italy-based Trelleborg Wheel Systems Inc. announced Tuesday it will build its first manufacturing facility for agricultural tires in North America, a $50 million investment that is expected to create 150 jobs by 2018.
The 430,000-square-foot plant is expected to be built on the company's existing footprint on Reeves Street off Highway 29.
“In coming to Spartanburg County, we'll be located in a modern facility in a prime location, capitalizing on existing partnership agreements with major (original equipment manufacturers) and distributors while facilitating the transfer of technology from one part of the world to another,” Maurizio Vischi, president of Trelleborg's Wheel Systems business area, said in a statement.
“Although we already sell our products in the United States and Canada, local production offers considerably more favorable conditions, thus enhancing our competitiveness.”
Trelleborg Wheel Systems is one of the five divisions of the Sweden-based Trelleborg Group. The company acquired the local plant when it purchased Spartanburg-based Reeves Brothers Inc. in 2006.
“It's always a positive when we see a company find a new use for an existing facility,” said Carter Smith, executive vice president of the Economic Futures Group. “It's good for them, and it's good for us because it keeps a facility from going dark and creates job opportunities for local residents.”
Trelleborg said the investment will also include state-of-the-art equipment for the production of radial tires for agricultural machinery. The facility will “cater to market growth and ensure that OEMs, dealers and farmers alike benefit from Trelleborg's proximity and product availability.”
The state's Coordinating Council for Economic Development approved job development credits for the project.
Production is expected to begin in late 2015.
“We are pleased that Trelleborg will be repurposing their Spartanburg County facility for Trelleborg Wheel Systems Group,” County Councilman David Britt, said in a statement. “We welcome this international operation, supplying the agricultural industry, and greatly appreciate their investment and job opportunities.”
Russ Weber, chairman of the Economic Futures Group, thanked county officials and Duke Energy for their support of the project.
For more information, visit www.trelleborg.com/wheelsystems.