Triangle to build truck tyre plant
ERJ staff report (DS)
Weihai, China -- Triangle Tyre Co has said it is planning a 2 million unit/year all-steel radial truck tyre project. The project will add to capacity at the company's existing factory in the Triangle Industrial Park in Weihai. Triangle said the new unit would make use of of existing sites and buildings.
Total investment is estimated at yuan 2507.08 million (euro 271 million).
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Press release from Triangle (Chinese language)
Above Press release auto-translated into English
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