MELBOURNE, Australia—South Pacific Tyres Ltd. will cease production of truck tires at its Somerton, Australia, plant and cut 495 manufacturing jobs in the country, moves it hopes will help trim operating costs by more than $21 million a year and return it to profitability.
South Pacific Tyres restructuring
Letter
to the
Editor
Rubber News wants to hear from its readers. If you want to express your opinion on a story or issue, email your letter to Editor Bruce Meyer at [email protected].