Maxxis Vietnam Factory’s Output to Increase to 16,000 Tyres Daily
Opened in July last year Cheng Shin Rubber Vietnam Ind. Co. Ltd – the Maxxis factory located in Dong Nai Province, Vietnam – has announced plans to increase its daily capacity to 16,000 tyres. The 200,000 square metre manufacturing plant’s current capacity is 8,000 motorcycle tyres a day, with this figure set to double by the end of 2008. The facility, which employs 265 people and commenced production in February 2007, supplies mainly to the Vietnamese replacement market, with some export sales to other south-east Asian countries. Having developed its position in the region’s aftermarket business, Maxxis is reportedly targeting the domestic OE sector in Vietnam and the surrounding Asian countries.