Federal to invest $30 million in Chinese subsidiary plant

Chungli, Taiwan–Federal Corp. is investing $30 million in its Federal Tire (Jiangxi) subsidiary in China to double annual radial car and light truck tyre capacity to 5 million units by year-end.

The investment will go toward new rubber mixing, tyre building and uniformity testing equipment. The project will expand the range of sizes Jiangxi, Nanchang-based JFT can produce, boosting its product lines, Federal said.

JFT makes Federal’s entire range of Federal and Hero brand tyres, covering passenger (including high performance), light truck and sport-utility vehicle.

Federal, the world’s…

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