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Federal Government Approves American Tire Corporations Washington Project

American Tire Corporation (ATC) is pleased to announce that its investment in the State of Washington for a new OTR tire manufacturing plant with building and production details has been approved by the federal government of the United States.

ATC has noticed the current financial crisis existing in USA and many other countries. Also, ATC'ss competitors in USA are laying off thousands of tire workers and reducing their production. Some high-cost U.S. tire plants were closed or will be closed early this year.

However, such international economic problems have no negative impacts on ATC'ss Washington Project.

On the contrary, as a positive response to President Obama'ss plan to stimulate the domestic economy, ATC plans to increase its investment into its Washington Project and create more full time jobs up to 2,000 in the local community. ATC is likely to announce its job schedules late this month.

As a government-supported OTR tire manufacturer with operations in different US states and other countries, ATC'ss Washington Project is designed to produce 50,000 units of high-TKPH 63 and 57 all steel radial OTR tires per year. For more information, please check its website www.americantire.us.

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