Toyo to acquire majority stake in Chinese truck tyre maker




ERJ staff report (DS)

Osaka, Japan — Toyo Tire & Rubber is to acquire a 75 percent equity interest in China-based tyre manufacturer, Shandong Silverstone Luhe Rubber & Tyre Co., Ltd. (“SSLRT”).SSLRT has annual capacity for around 400 000 truck and bus tyres at a single plant in Luzhou Zhucheng River Industrial Park, Shandong Province, China and…

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