Tire Maker BKT in No Rush to Pursue U.S. Plant Plans

The impact of weather and international trade relations on U.S. farm production and profitability is such that executives at Balkrishna Industries, manufacturer of BKT tires for agricultural and other off-highway applications, are in no rush to pursue plans for a new plant in the U.S.

According to a presentation to analysts in August, business uncertainties resulting from difficult macro-economics and volatile climatic conditions have caused the company’s board of directors to put the project in…

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