Nokian Tyres partnered with Clayco to design and build its first North American manufacturing facility in Rhea County, Tennessee.
This new facility is projected to create up to 400 new jobs in the county, with around half of the investment going back into the local economy.
Clayco and Nokian Tyres’ early alignment allowed the international brand to minimize risk and maximize their return on their U.S. investment. Clayco’s efficient integrated process allowed the team to gain control of the projects’ scope, schedule and budget early on, which has kept the project on schedule for its 2020 launch, despite an 18-month timeline and challenging weather conditions.
The new plant will service customers across the United States by increasing the company’s capacity to produce North American-specific products and reducing delivery times. The new facility will be capable of manufacturing four-million tires annually with room for growth and expansion. The site will house a distribution facility with a storage capacity of approximately 600,000 tires.
Companies from around the world continue to see the United States as a profitable market for expansion, but foreign direct investment and overseas business expansion to the United States can appear daunting when facing regulations that investing companies are unfamiliar with. Clayco helped Nokian consider it’s permitting options, navigate business dynamics and define constructability issues, while supporting their team with infrastructure, workforce and utility intricacies, and incentive negotiations.
It was the collaborative design-build approach that allowed the Nokian team to see value in their project before the plant was operational.
Beyond These Walls
Congratulations to Nokian Tyres on the opening of their new manufacturing facility! This new facility is a great step forward for Nokian Tyres in North America and Clayco was delighted to partner with them as their design-builder. For full press release, read more here.