ATC buys plot of land for OTR plant

American Tire Corp. (ATC) says it has purchased a large parcel of land in Washington State for one of its new OTR tire plants.

"ATC is going to acquire another big parcel of land... to support its long-term development," say company officials.

"Key constructions" of the plant "will be done in several months. All related preparations for production are on schedule."

ATC is based in Chino, Calif.