In January 2013, tire manufacturer Michelin announced that it will spend US$73 million to expand the Waterville truck plant in Nova Scotia, Canada. Michelin said that the expansion project covers the upgrading of the Waterville plant equipment and the expansion of production capacity in the next 4 to 5 years. It will also expand the area of ​​the assembly plant by 3,000 square meters. This investment project is expected to bring 50 Jobs. According to Dana Leblanc, president of Michelin North America (Canada), “This investment project once again shows Michelin's trust in Nova Scotia and our outstanding employees. North American demand for tire products such as Michelin XOne continues to grow, this time in Water. Will's investment project will help us meet this demand." The Michelin Waterville plant was opened in 1982. It mainly produces radial truck tires , construction tires and heavy-duty bulldozer tires. From 2005 to 2007, Michelin invested US$92 million in the plant for the production of XOne tires.
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Michelin announces $73 million expansion of Canadian tire factory