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The Tire Industry Is On A Southern Building Boom

Say Akron, Ohio, and the first thought that still comes to mind for a lot of people is “tires.” But the latest news in the tire making world comes from South Carolina. 

Michelin, the French tire maker, will launch construction next week in Anderson County, S.C., on its first new North American tire plant in 15 years, according to the Wall Street Journal.

The plant will make those heavy duty tires used on mining and road building equipment.

Michelin also is expanding a nearby plant in Lexington, S.C., which produces tires for earthmoving equipment.

That’s not all. Two other tire makers — Bridgestone and Continental — also have announced new ventures in South Carolina. All the projects could end up helping Midwest companies. How? Continue reading