GT to make Pirelli tires

JAKARTA (JP): PT Gajah Tunggal (GT), the publicly listed tire producer, announced yesterday that it had signed an agreement with Pirelli Tire's North American subsidiary to manufacture Pirelli car radial tires.

Under the agreement, signed Monday, Gajah Tunggal would initially supply 500,000 tires per year, which would be sold by Pirelli in the United States and Canada.

The two companies are exploring further areas of cooperation, said Gajah Tunggal's notice. (hen)