China’s Triangle Tyre to announce US production plans ‘imminently’

Cologne, Germany – Triangle Tyre is to announce the building of a new factory in the US very soon, according to David Shaw of Tire Industry Research.

Speaking at the ERJ Future Tire Conference 2017, held 27-28 June in Cologne, the market expert said a meeting on the project was scheduled at Triangle Tyre’s HQ in Weihai, Shandong on 28 June.

“They will almost certainly announce that ,” added Shaw, who specialises in analysing developments in the Chinese tire industry.

Triangle announced in May that it had selected…

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