07/03/2012 11:18 EDT | Updated 09/02/2012 05:12 EDT

Michelin postpones planned announcement at Nova Scotia tire plant

HALIFAX - Michelin has postponed plans for an announcement on Thursday at the company's Waterville plant.

The company didn't give any reasons in a news release for the decision to postpone its announcement, and a new date has not been set.

The tire manufacturer has been looking at expanding its operations in the Annapolis Valley community.

In May, Premier Darrell Dexter announced funding for a study that would look at relocating the Waterville Municipal Airport to allow for expansion at Michelin.

Michelin's workforce in Nova Scotia stands at about 3,500 people, with about 1,200 employed at the Waterville plant.