IN THE NEWS
Sweet South Carolina: Tire industry excels in the state
By CHRIS SWEENEY
South Carolina needs a new nickname because it's just become the tire capital of the U.S. The Palmetto State has attracted billions in investments from major tire firms such as Michelin, Bridgestone Corp. and Continental A.G. throughout the last 15 years, with new plants and hundreds of millions more in spending from Trelleborg A.B. and Giti Tire Group set to come over the next few years.
It is now the No. 1 tire producer in the U.S., at 89,000 units per day, which according to the South Carolina Department of Commerce, surpasses Oklahoma by 1,000 units.
But just how has South Carolina been so successful in attracting these manufacturers?
And what impact have they had on the state's overall economy?
South Carolina council advocates for tire makers
By CHRIS SWEENEY
COLUMBIA, S.C.—Tire manufacturers can be very demanding, and with Michelin, Bridgestone Corp. and Continental A.G. investing billions in their 13 combined plants in South Carolina, it is only natural they would collaborate on common legislative interests.
That's why the three firms established a Tire Manufacturers' Council through the South Carolina Chamber of Commerce in the spring of 2013. The goal of the council is to evaluate and propose policies relating to tire manufacturing in the state.
SC Chamber Creates Tire Manufacturers Council
By Staff, Upstate Business Journal
The South Carolina Chamber of Commerce announced that it has created a Tire Manufacturers Council to evaluate and propose policies relating to the manufacture of tires in South Carolina.
Members include Michelin North America, Bridgestone Americas Inc. and Continental Tire the Americas, who have committed nearly $3 billion in expansions in the state. Steve Evered, vice president of government affairs for Michelin, serves as chairman of the Tire Manufacturers’ Council. The chair will rotate annually.
“South Carolina will soon become the largest tire manufacturing state in the country and
currently ranks first among states in tire exports,” Evered said in a statement,
adding that the council is “an acknowledgement of the significant impact
of the industry on the state’s economy.”
More news coming soon.
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