Zhangzhou, Fujian – Taiwan’s Cheng Shin Rubber Industrial, also known by its tire brand Maxxis, has recently started building a new mixing workshop at its existing site in mainland China’s Zhangzhou, Fujian, the company told ERJ.
The mixing workshop constitutes phase three of the five-phase site, and has 36,000 sqm floor area with €39 million (300 million yuan) investment earmarked.
The site, first started in 2010, is located at Zhangzhou’s Longhai Economic Development Zone and mainly produces electric bike and motorcycle tires.
The facility is built on a 1.2-million-sqm plot of land with €582 million overall investment, according to reporting by local newspaper Fujian Daily on 13 July.
Phases one and two, with a daily capacity of 270,000 units across 85 workshops, are already operational and generated €214 million production value in 2018.
Once fully operational, the site is expected to be Asia's largest plant for two wheeler tire production, with over €1.3 billion annual production value.