LAKEVILLE, Ind. (Dec. 30, 2011)—Hoosier Racing Tire Corp. plans to spend $8 million to expand rubber compounding capacity at its race tire factory in Plymouth, Ind.
The project will include a 37,000-sq.-ft. expansion to the 32-year-old plant in Plymouth, and is scheduled for completion by the fourth quarter of 2012, the company said.
The expansion will allow Hoosier to bring all of its rubber compounding needs in-house, according to John DeSalle, vice president of engineering and manufacturing, in comments he made at a recent meeting of the Plymouth Common Council. Hoosier outsources as much as one-third of its rubber needs to compounders in Ohio, he said.