UPDATE 1-Pirelli says to invest up to $500 mln in Argentina


* Italian company is world's fifth-largest tire maker * First investment phase set for completion in 2014 * Further $200 million planned if market is favorable (Adds company spokesman, details) BUENOS AIRES, Oct 13 (Reuters) - Italy's Pirelli , the world's fifth-largest tire maker, plans to invest up to $500 million to build a new plant in Argentina, government and company officials said on Thursday. Pirelli will invest $300 million through 2014 to build the radial truck tire ...

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