COLCHESTER, Vt. (Aug. 24, 2009)—Nokian Tyres Inc. is moving its headquarters from LaVergne, Tenn., to Colchester where its wholesale operation, University Wholesalers Inc., is located.
Jari Lepisto, president of Nokian Tyres U.S. Holdings Inc., said the relocation and consolidation of operations, expected to be finalized by next spring, is an effort to increase efficiency and better serve the company's dealer base.
Lepisto said the company offered its LaVergne employees the option to relocate. The transition will not eliminate any positions, he said.
Nokian Tyres, the North American subsidiary of Nokian Tyres P.l.c. of Finland, handles the selling and marketing of Nokian products in the region. Bernie Del Duca will continue as president of the subsidiary.