08 Sep 2016
September 8, 2016 – Gov. Nathan Deal today announced that Sentury Tire, the fifth-largest and fastest-growing tire manufacturer in China, will create more than 1,000 jobs and invest $530 million in a car and light truck tire manufacturing operation in Troup County.
“Sentury Tire’s commitment to locate in LaGrange speaks to Georgia’s business-friendly climate and the strong relationship we maintain with our economic partners in China” said Deal. “We value Sentury Tire’s investment in Georgia and the vision of the company’s leadership for continued growth in Troup County. I am positive that Georgia’s automotive manufacturing and technology capabilities will be assets to Sentury Tire as the company serves a growing customer base.”
The new manufacturing facility will create jobs in production, national sales and marketing, warehousing and distribution. As a further investment in the facility, Sentury is planning to incorporate a research and development center that will employ approximately 100 highly qualified technical personnel.
“We are very happy to select LaGrange to the location of our North American manufacturing,” said Sentury Tire Executive Vice President Rami Helminen. “The education systems and high quality workforce complement our leading edge technology in the production and research and development. We are confident that Georgia has the infrastructure that can help us build a successful logistical operation to supply our growing aftermarket dealer sales and OEM sales to auto manufacturers in the North American market. We anticipate production to start in 2018 and will build up to our projected manufacturing capacity of 12 million passenger and light truck tires.”