Pirelli plans $1.2B expansion of Georgia manufacturing facility
- Reports
- 7
- Developments
- 3
- Repetition
- 71%
New informationRepeats or wire copies
What happened
Pirelli announced a $1.2 billion plan to expand its facility in Rome, Georgia, partnering with local government in Floyd County. The expansion, which will be rolled out in two phases, involves adding latest-generation robotics and a traditional manufacturing process. The company expects the project to create 1,000 new jobs, five times its current regional workforce.
From 41nbc.com, 1049therebel.com
Why it matters
The investment strengthens Pirelli's manufacturing capacity in the United States and supports its 'local for local' strategy. The move follows Georgia being ranked the nation's top state for business by Area Development magazine. The expansion is expected to begin hiring in 2029 and reach full operations by 2033.
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Who's involved
- PirelliItalian multinational tyre manufacturer planning the $1.2B expansion
- GeorgiaState of Georgia, where Pirelli operates and plans its expansion
- stateThe state government that secured the partnership and attracted the investment
- Floyd CountyFloyd County, Georgia, where Pirelli partnered with local government
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- DodgeSpeculative
Increased US manufacturing capacity might strengthen supply to major US automotive clients.
How this reaches others
Each traced step by step, with the reporting behind itHow it developed
Newest first. Tap a step to see who reported it.- Pirelli is expanding its U.S. operations in Georgia, driven by the policies of Governor Brian Kemp.Sub-event
Pirelli announced a $1.2B expansion plan in Georgia.1 source
Italian company Pirelli partners with local government in Floyd County, Georgia.1 source