Michelin to close truck tire plant in Hungary  [ Hungary ]

Michelin has announced its intention to close its truck tire production plant in Budapest, Hungary. The plant's production of tires sold under the Taurus, Riken and Kormoran brands would be terminated in mid-2015. The closure will affect 512 employees. The Budapest plant's production will be mainly reallocated to the Michelin facilities in Olsztyn (Poland), Zalau (Romania), Karlsruhe and Hombur...
<May 06, 2014>