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Apr 3, 2007

TIREMAKER NEWS * China - Michelin Plans $300 Million Investment in a Tire Plant

Shenyang, China -TTNews/Bloomberg /Xinhua -2 Apr 2007: -- Tire maker Michelin said plans to invest $300 million to make tires in China... The company’s factory in Shenyang, China, will make 12 billion tires annually, making it the world’s largest tire production center... Michelin said on its Web site that it has already invested $150 million in the facility...

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