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£4m funding package announced for Michelin

23rd February 2010

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A £4M package safeguarding jobs and production at Stoke’s Michelin tyre plant has been announced by the Government today.The £3.9m Grant for Business Investment (GBI), announced by Lord Mandelson, will support a project to extend Michelin’s current premises, install new equipment and modernise the production process.The grant, supported by Advantage West Midlands, will enable the company to retread a new generation of Michelin Durable Technology (MDT) truck tyres and improve its existing processes.West Midla......for the full story register now for free or login below...


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