French tyre giant is set to invest heavily in its factory in Dundee in a move which will safeguard a number of jobs and create new posts.
The firm is poised to announce the details of its multi-million pound investment in the plant, which will create 140 jobs and secure the current 750-strong workforce.
The funds are expected to be used to create a new production line at the factory to produce Michelin's environmentally-friendly low rolling resistance tyres.
First minister Alex Salmond expressed his excitement at the investment as it further underlines the growth of Dundee.
"In the last three years the workforce in Dundee has taken the Michelin plant to the top of the ranking in virtually every assessment across the Michelin group," he said.
"To be able to win this great investment in the most difficult of economic circumstances speaks volumes for the quality of the Scottish workforce and the track record speaks for itself."
Michelin is the biggest industrial employer in Dundee.
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Posted by Danielle Barge