Nokian Tyres on Wednesday rolled out an expansion at its plant here that will help speed the company toward doubling its output and producing 4 million tires annually by 2024.

The $174 million expansion will add a new warehouse, create 75 more jobs at the factory, and put the plant at 475 employees by the end of the year, according to the company.

Tommi Heinonen, Nokian’s vice president of sales, said at the factory that the expansion is “a big day for us.”

“This is a remarkable milestone for the company, a huge step,” he said during a news conference. Click here to learn more.