By Denna Bowman
Michelin tyres is looking to invest in its Dundee plant which will safeguard more than 750 current jobs and create another 140 new posts.
The French tyres manufacturer announced it is considering installing new production machinery at the Baldovie Road factory which would enable it to produce the latest generation of car tyres.
The factory, which opened in 1972, currently employs about 750 people, but with new investment 140 further jobs could be created to “keep pace” with growing demand over the next 18 months.
Michelin said it had been working with the Scottish government on the future of its Dundee plant over the past year, according to a BBC report.
John Reid, who manages the factory which produces over seven million car tyres each year for export all over the world, said: “This is excellent news for everyone at Michelin Dundee and for the local community.
“I am really optimistic about the future and I am confident that our employees will continue to deliver first-class results to show that the group’s confidence in us is justified”.