European Rubber Journal, July 1st, 2000
US and Asia top of French tyre maker's agenda.
For the first time in company history, Groupe Michelin's North American operations sold more tyres than their counterparts in Europe, the group's chairman Edouard Michelin told shareholders at its annual general meeting.
Noting the billions of dollars of investments committed to facilities in the US, Canada and Mexico, Michelin called Michelin North America Inc. "the most active tyre maker on the continent," and credited this unit with contributing "significantly more and more" to the group's bottom line.
While Michelin sold more tyres in Nor...
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