Michelin invests in the Warmia Mazury Special Economic Zone. The French investor declared to invest at least PLN 81 230 000 by the end of 2015.
The aim is to increase production from 38,000 tons of tires per year (about 447 000 units), to 50 thousand tons (about 588 000 units) in 2015, which will increase productivity by over 30%.
In Olsztyn Michelin plans to install a prototype of a tire packaging machine which will be made in Poland and will effectively improve the quality and range of products manufactured in the facility. There are plans to introduce two other machines of the type if the first one proves successful.
Ultra Flex tires in Olsztyn will be manufactured with the usage of a new technology. 95% of production will be exported to Western Europe and North America.
Michelin Poland is one of the biggest employers in the region of Warmia and Mazury which usually suffers from high unemployment rate. The company declared to create 15 jobs and to keep hiring 4,154 by the end of 2015.
