Kranj, 14 September (STA) - The Kranj-based tire manufacturer Goodyear Dunlop Sava Tires will invest EUR 6m in the production of retreaded truck and bus tires which is to be launched in April 2012. The company expects to open 70 new posts in the next five years to secure unimpeded production.
The production should reach full capacity by 2016, meaning that Goodyear Dunlop Sava Tires would manufacture more than 100,000 retreaded tires per year, the company said in a press release, adding that the investment is a part of Goodyear's growth and development strategy.
Head of the production at the company, Andrew Harper, believes that the investment is an important recognition from the corporation that it would continue investing in Slovenia.
The company moreover promises to only use well-preserved and carefully inspected tires for retreading, adding that the process is the most environmentally friendly way of recycling used tires.
The retreaded tires ensure the highest levels of road safety, while they are also considerably cheaper than new tires. As a result, they are widely used in large-scale operations such as trucking, busing and commercial aviation, Goodyear Dunlop Sava Tires also said.