Tag: factory
TBR tyre production begins at Prinx Chengshan’s Thailand plant
Prinx Chengshan reports that its new tyre factory in Thailand produced its first commercial vehicle all-steel radial on 25 March. The first phase production project at the Prinx Chengshan Tire (Thailand) Co., Ltd. is now expected to be concluded in the second quarter of this year, giving the facility an annual capacity to produce 800,000 TBR tyres. The plant is also capable of manufacturing 4 million passenger car and light truck tyres a year.
Pirelli Turin employee tests positive for Covid-19, production slowed
On the evening of 10 March, Pirelli announced that one of the employees at its Turin factory has tested positive for Covid-19. The third statement in two days from Pirelli said that company was informed by the family of an employee at its Settimo Torinese factory, with the subsequent confirmation of healthcare authorities. In response, the company has slowed down production, but says that it continues to guarantee supply to clients:
CEAT inaugurates Tamil Nadu Factory
In mid-February CEAT inaugurated its new Sriperumbudur, Chennai factory in Tamil Nadu region of India.
Continental Celebrates Mississippi tyre plant opening
Continental celebrated the grand opening of its Clinton, Mississippi, tyre factory on 16 October 2019. with a grand opening ceremony yesterday. The celebration marks the completion of the construction process, which began in 2016. Approximately 300 guests, including state and local officials, along with community members, customers, and suppliers as well as 250 Continental employees joined the event.
Toyo investing 390 million euros in Serbia tyre factory
Toyo Tire Corporation has announced that it is investing 390.5 million euros in the construction of a new tyre manufacturing facility in Indijia City, Republic of Serbia. Construction of the Serbia plant will start in May 2020, with a view to initiating tyre manufacturing operations in January 2022.
Nexen set to begin trial production at new Czech tyre plant
Nexen Tire Europe is due to begin trial production at its new facility in Zatec, the Czech Republic. The news marks the virtual completion of the project that started in October 2015.
Hella opens second electronics plant in India
Hella, the global automotive supplier, has opened a second electronics plant in India. The new production facility in Mehsana, India, north of the city of Ahmedabad in the state of Gujarat, will meet the growing demand for electronic components and strengthen proximity to its local customers.
Algeria’s first tyre plant completes first test phase
On 26 March 2019 the Iris Group announced “the success of the first test phase” of its “100 per cent made in Algeria” tyre factory. Celebrating the news, the company thanks its partnership and stakeholders for their efforts up to this point: “All this could not have been done without the perfect involvement of our collaborators, a big thank you to all!”
Honda closes Swindon car factory
Following media reports the day before, on 19 February Honda confirmed it will close its Swindon car manufacturing facility with the loss of around 3500 jobs. According to Honda, the closure forms part of wider global restructuring plans. Honda also said the news comes as the Japanese firm “accelerates its commitment to electrified cars, in response to the unprecedented changes in the global automotive industry”.
Prinx Chengshan invests £19 million in purchasing land for new Thailand tyre factory
Having rejected earlier plans for a new tyre factory in Malaysia, Prinx Chengshan has invested 170.6 million yuan (£19.464 million) in buying at least 433,600 square metres of land in at Tambon Nong Suea Chang, Amphur Nong Yai, and Tambon Klong-Kew, Amphur Ban-Bung, Chonburi province in Thailand. According to stock exchange filings dated 25 December 2018, the deal comprises “several plots of land” and will be funded by the company’s recent global share offering.
Prinx Chengshan the only HKEX-listed tyremaker at Tire+
Based in the city of Guangzhou, the Guangzhou International Automobile Exhibition is particularly close to the Chinese off-shore territories of Hong Kong and Macau. Still, despite the show’s proximity to such personal and corporate wealth, Prinx Chengshan unique inasmuch as it was the only Hong Kong stock exchange (HKEX) listed tyre manufacturer at the show.
Jiangsu General investing US$300 million in Thailand tyre plant
Jiangsu General Science Technology Co. Ltd. is set to invest around US$300 million in the construction of a tyre manufacturing facility in Thailand. The news follows earlier reports published in the Spring that Jiangsu General was considering Cambodia for the investment.
Linglong completes technical assistance to Uzbek tyre plant project
The tyre plant built in Uzbekistan by Uzkimyosanoat State Joint Stock Company and partners, with technical assistance from Linglong Tire is complete, and Linglong says it is now focused on appointing a product technical team and working towards helping the plant achieve its production goal of 3 million passenger car radials and 200,000 cross-ply agricultural tyres per annum.
Linglong lays foundation stone for fourth Chinese tyre factory
Shandong Linglong Tire Co. Ltd. has laid the foundation stone for its fourth Chinese factory. The event, held 6 July ran in parallel with Linglong Tire's "global partners" conference. The new plant is in addition to Linglong’s existing Zhaoyuan, Dezhou and Liuzhou factories. Linglong is building the fourth plant at a 223-acre site in the city of Jingmen in Hubei province.
Sri Lankan president attends GRI factory opening reception
GRI held the grand opening of its agriculture, construction and pneumatic material handling tyre factory in Sri Lanka on 25 January with the country’s president, Maithripala Sirisena as the company’s chief guest.