tire-Sentury’s Industry 4.0-china

Sentury seeking equity partners for US plant

Atlanta, Georgia – Sentury Tire North America engaged Jones Lang Lasalle IP Inc. (JLL) of Atlanta to help it solicit offers from developers interested in becoming equity partners in the $530 million tire plant it’s planning to build near LaGrange, Georgia.

To that end, Sentury hopes to find a developer prepared to construct the 1.7 million-sq.-ft. facility, valued at $200 million, then lease it back to Sentury in a 25-year sale-leaseback agreement, according to JLL’s Capital Markets unit.

“Sentury Tire…is looking for an equity partner in this…

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