Suzhou, Jiangsu – Chinese tire machinery supplier Safe-Run has been upgrading its machinery portfolio and is further investing to add fully-automated machines to its product line.
To this end, the company recently partnered with Siemens to jointly developed smart monitoring and control systems, the machinery maker said in a press release.
As a result of the collaboration, Safe-Run has developed three new models: smart single stage passenger car tire building machine SR-PUDe, four-drum single stage truck tire building machine SR-TUC1 and passenger light truck tire building machine SR-TPU1.
Over the next three to five years, Safe-Run also plans to add fully automated building machines as well as hydraulic curing presses for both car and truck tires to its product line.
In addition, the company is investing €70 million to build a new R&D centre at its existing site in Kunshan, Jiangsu, slated to break ground this October.
The centre will conduct research on a range of logistics machinery, such as high-speed equipment including stacker (300m/min), rail shuttle (200m/min), suspended rail shuttle (300m/min) and high-precision gantry robot (3.5m/s on X axis, 3.5m/s on Y axis, 2.5m/s on Z axis).
Logistics machinery targeting the semiconductor, petrochemical and pharmaceutical sectors is also under development, said the statement.
Safe-Run estimates its 2020 revenue to exceed €218 million, and anticipates both its revenue and profit to grow by 30% to 40% annually over the next three to five years.
“We have been working with Korea’s SK Group to advance our smart production and logistics units…and plan to increase our overseas sales, especially to the Belt and Road markets,” said sales director Zhang Yuguang.