2,200 jobs created by tyre giant with social conscience
MICHELIN Development is the corporate social responsibility arm of Michelin Tyre plc and aims to contribute to the economic regeneration and long-term prosperity of the regions in which its sites are located – Ballymena, Dundee and Stoke-on-Trent.
The fund's steering committee works with regional development agencies, local government and business support agencies to ensure funds will stimulate employment creation, safeguard quality employment, and encourage skills and entrepreneurship in the local region.
Cecil Caldwell, business development manager in Ballymena, said helping create employment was crucial to Michelin Development and that it was pleased to help Okotech, which has developed a heating control system for care homes and plans to adapt it to other settings.
He added: "It is particularly encouraging that the firm plans to take on a modest team over the coming months to help the company realise its goals.
"We wish the team every success in the future and are looking forward to seeing the business reach even greater heights in the months and years to come."
Over the last 10 years Michelin Development has lent more than £5m, helping to create 2,200 jobs in Ballymena, Dundee, Burnley and Stoke-on-Trent, where Michelin has or has had its UK manufacturing facilities.
Michelin employs over 110,000 people and has sales organisations across 170 countries.
The company designs, manufactures and sells tyres for every type of vehicle, including aircraft, cars, bicycles, earthmovers, farm equipment, trucks, motorcycles and even the US space shuttle.
It has 70 production sites in 18 countries.
Research and development is undertaken in technology centres in Europe, USA and Japan.
Michelin opened its plant in Ballymena in 1969 for the production of heavyweight radial tyres for trucks and buses, mainly for export to Europe, America and Asia.
It now employs 950 people in the factory on Raceview Road.
The number of people employed in Michelin's plant in Ballymena