ROVERETO, Italy—Marangoni S.p.A. is reactivating its passenger tire plant in Rovereto as the company prepares to lease the unit to third-party manufacturers.
The plant has the capacity to produce up to 250,000 units per year, Marangoni said in a written statement.
"We have taken all the actions needed to reactivate new passenger car tires production; the automated plant is ready to be fully operational," a company spokesperson added.
The idea behind the move is to offer a manufacturing base to tire makers, without their needing to invest in a greenfield facility.
"With a very small investment, we can produce (tires) in the heart of Europe," the Marangoni official added.
Among others, Marangoni is in talks with U.K. motorsport tire supplier DMack S.r.l. around a potential transfer of its production to Rovereto.
Marangoni exited the car tire sector in 2013 when it closed its primary new tire factory in Anagni, near Rome.
"This automated line was always located in Rovereto but worked in synergy with the other plant," the spokesperson said.
Marangoni did not comment on the scale of investment it's budgeted for this project.
Marangoni's primary business is in designing and building machinery for retreading, producing industrial tires and supplying technical compounds.