On February 17, 2014, according to reports in the United Kingdom, Michelin held a groundbreaking ceremony for its new main building of the French R&D center. This marks the official start of the upgrade project of the Michelin Ferro Ladouux R&D center in Michelin, which is planned to invest 270 million euros.
Michelin CEO Jean-Dominique Senard and several group executives attended the ceremony.
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