MILAN—Pirelli & C. S.p.A. has disclosed plans to boost capacity at its tire manufacturing complex in Silao, Mexico, by 9 percent to more than 7.2 million units annually.
The company disclosed the plans during a visit to Pirelli headquarters in Milan by Diego Sinhue Rodriguez Vallejo, governor of the Mexican state of Guanajuato, where the company's tire plant is located.
Marco Tronchetti Provera, executive vice chairman and CEO of Pirelli, called Mexico a "strategic area for Pirelli for all its activities in North and Central America. The visit of Gov. Rodrìguez Vallejo is a testament to the close ties between the company and the state of Guanajuato, one of Mexico's most economically advanced areas, where we intend to continue to invest for further growth."
Inaugurated in 2012, Pirelli's plant in Silao produces high- and ultra-high-performance tires for cars and SUVs for the domestic and U.S./Canada markets. Employment there stands at 2,700.
During his visit to Milan, Vallejo visited Pirelli's research and development center and the Fondazione Pirelli. Also participating in the visit were Luigi De Chiara, the Italian Ambassador in Mexico, and Carlos Garcia De Alba, the Mexican Ambassador in Italy.
In prepared comments, Vallejo said: "In Guanajuato we are pleased to have Pirelli as one of our main employers. They have provided great opportunities for several families in our state to have a better quality of life and to achieve their personal goals.