Giti Tire announces a green field tire plant in South Carolina with a $560 million investment expected to create 1700 jobs over 10 years. Giti is based in Singapore with its main plants in China. They had total sales of $2.7 billion in 2012 of which $430 million were in the U.S.

 

 

 

AKC Note: Manufacturing investment in textile related products is continuing at a remarkably high rate bringing unexpected optimism to our industry.