Pirelli Approves Multi-Year Investment Plan In U.S. For €1 Bln

By Reuters News

Sept 22 (Reuters) - Pirelli & C. SpA PIRC.MI:

  • APPROVES BY MAJORITY VOTE MULTI-YEAR INVESTMENT PLAN IN UNITED STATES TOTALING ABOUT 1 BILLION EUROS

  • INVESTMENT WILL BE MADE AT ROME PLANT IN GEORGIA, WILL BRING PRODUCTION CAPACITY TO 6 MILLION CAR TIRES BY 2033

  • AROUND 1,000 NEW JOBS EXPECTED

Further company coverage: PIRC.MI

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