KXII News 12 | Texoma | News, Weather, Sports

Ardmore Approves Michelin Loan


12-20-04 - Ardmore’s Michelin plant cleared a hurdle in the plans for a $100 million expansion. The city commission signed off on a $100 million loan on Monday from the Ardmore Development Authority to Michelin.

The expansion was announced in February of 2003. The money approved on Monday will pay for equipment and facilities. Michelin will then repay the loan to the ADA.


Sherman 4201 Texoma Pkwy (903) 892 -8123 Ardmore 2624 S. Commerce (580) 223-0946
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 1157587 - http://kxii.com/a?a=1157587