Nokian Tyres to expand Dayton operations
Nokian Tyres officials announced today the company will double its tire production capabilities by investing $174.1 million to expand operations at its Dayton facility. The Dayton location was Nokian's first U.S. factory and opened in 2019. The expansion will create an additional 75 jobs, bringing the company's total number of employees in Tennessee to 475. With the additional employment and construction of a 600,000-square-foot tire warehouse, Nokian Tyres will strengthen the company’s nine-warehouse network across the U.S. and Canada by reaching full production capacity of up to four million tires per year by 2024. Hiring at the Dayton factory will begin in March. Founded in Finland, Nokian Tyres develops, manufactures and distributes its premium tires worldwide with operations in Europe, North America and Asia. Since establishing a presence in Dayton three years ago, Nokian Tyres will have invested more than $400 million and created 475 new jobs in Tennessee once this expansion is complete.