“There is unprecedented demand for Michelin Earthmover tires throughout the world,” said Michelin Chairman and President Pete Selleck. “It’s a tribute to the productivity of our employees and the pro-business environment in South Carolina that the company is expanding its Earthmover capacity in the state where we first began manufacturing in the United States.”
When added to the $200 million announced last May in Lexington, this announcement brings the total Michelin investment in South Carolina to almost $1 billion in the last year.
The Anderson County Council approved an incentive agreement in February for Michelin that includes tax breaks and waived fees. At the time, the package was known as “Project Cougar.”
AUDIO: Press conference event at Michelin North America headquarters (23:00)