CHARLES CITY, Iowa (Jan. 25, 2012)—Mitas A.S. said it has cured the first test tire at its Charles City facility, which is in the testing phase.
He said the facility is ramping up to begin production in April.
Pavel Charvat, president and plant director, said this test tire is the “first tire produced by Mitas on the American continent.”
Mitas said it has earmarked $52 million for the Charles City investment. The company estimates annual capacity will reach more than 12,000 metric tons of radial tires by 2013.