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Wed March 14 11:00 am 2018 in category Company news

Nokian Tyres appoints Clayco as design build partner for its first North American manufacturing facility to be built in Tennessee

Colchester, Vermont - Nokian Tyres, the world’s northernmost tire manufacturer, announced it is partnering with Clayco, Inc. to design and construct its new $360 million manufacturing facility to be built in Rhea County, Tennessee.

Nokian Tyres appoints Clayco as design build partner for its first North American manufacturing facility to be built in Tennessee

“We’re delighted to partner with Clayco, an industry leading design-builder, on the development of our state-of-the-art manufacturing facility,” said Tommi Heinonen, Head of Nokian Tyres North America. “Since the ground breaking ceremony in September last year, our team and the local community partners have made great progress to finish the ground work and maintain our schedules. The selection of Clayco as design build partner is another great step towards our investment in North America.”

Once completed, the Dayton facility will strengthen Nokian Tyres’ ability to serve customers throughout the US and Canada by increasing the company’s capacity to produce North American-specific products and reducing delivery times.

As the design build partner, Clayco will manage the manufacturing portion of the site, including managing all of the sub-contractors. The tendering process for the administration building that will also inhabit the factory site will initiate in the late spring.

“We are pleased to partner with Nokian Tyres and are eager to begin designing and constructing an innovative manufacturing facility in the Dayton area,” said Clayco Executive Vice President and Shareholder Anthony Johnson. “Our fully integrated portfolio of capabilities, services and technology allows us to provide a turnkey design-build approach that delivers precision planning and execution which keeps our projects on schedule and on budget, and enables our clients such as Nokian Tyres to reach their production goals.”

Supplier and contractor inquiries should be directed to Clayco. Further information is available at: www.nokiantires.com/daytonfactory/updates.

More about the Dayton manufacturing facility

With production launching in 2020, the new plant will service customers across the United States and Canada, concentrating on the production of North American-specific car and light truck all-season tires. The Tennessee location will increase production and warehouse capacity, allowing Nokian Tyres to meet the increasing demand throughout North America.

The new plant will be capable of producing 4 million tires annually with the room for expansion to meet future demand. The site will also house a distribution facility with a storage capacity of approximately 600,000 tires.

Additionally, the plant will create up to 400 new jobs in Rhea County, Tennesee, with about half of the total investment flowing into the local economy.

The new facility is another step forward for Finland-based Nokian Tyres in North America, as the manufacturer continues to lay the foundation for growth through investments in its people, products, customers, marketing and logistics.

About Nokian Tyres

Nokian Tyres is the world’s northernmost tire manufacturer. The company promotes and facilitates safe driving in demanding conditions. It supplies innovative tires for cars, trucks and special heavy machinery mainly in areas with special challenges on tire performance: snow, forests and harsh driving conditions in different seasons. Nokian Tyres’ product development is consistently aiming for sustainable solutions for safety and the environment, taking into account the whole life cycle of the tire. A part of the Nokian Tyres group, the tyre chain Vianor has approximately 1,500 stores in 26 countries. In 2017, Nokian Tyres had approximately 4,600 employees and net sales of approximately $2.0 billion USD. Nokian Tyres’ share is listed on the Nasdaq Helsinki. Further information: www.nokiantires.com  

About Clayco

Clayco is a full-service, turnkey real estate development, master planning, architecture, engineering and construction firm that delivers clients around the world the highest quality solutions on time, on budget, and above and beyond expectations. With over $2 billion in revenue for 2017, Clayco specializes in the "art and science of building," providing fast track, efficient solutions globally for commercial, institutional and residential related building projects. For more information visit www.claycorp.com.

For further information: http://www.nokiantires.com/daytonfactory

Nokian Tyres, Inc. / Nokian Tyres Canada Inc.
P.O. Box 623
Essex Junction, VT 05453
1-800-565-2525
Email: northamerica@nokiantyres.com

Source:

Hans Dyhrman Director of Marketing, Nokian Tyres, Inc. Hans.Dyhrman@nokiantyres.com