DAYTON, Ohio (Oct. 18)
Production of tires and tubes at the Hedera plant of the Alliance Tire and Rubber Company will start early in 1952, Arthur Taubman, president and chairman of the Alliance board, announced here today.
Construction of the 100,000 square foot plant will be completed in 60 days, Mr. Taubman said. The plant, occupying a 35-acre site, will have a daily capacity of 500 tires and 500 tubes in all standard passenger and truck sizes. Six additional buildings covering about 40,000 square feet, are also under construction.
Alliance Tire and Rubber Company is capitalized at $2,900,000 and is owned equally by an American investment group and affiliates of the Histadruth, the Jewish Labor Federation of Israel. Engineers of the Dayton Rubber Company will supervise training and production in the initial stages, and the Dayton company will be retained as technical adviser. A number of employees and executives of the Israeli firm are already receiving training here.