Guizhou Tyre increases production capacity for all-steel tires

Another investment for the Chinese company Guizhou Tyre. Just a couple of months after the announcement of plans to increase the annual production capacity of the plant in Jiaozuo by 380,000 units and to increase investments in the plant in Vietnam by $58.08 million, the company stated that it will also invest 300 million yuan ($41 million) in a new product for all-steel tires at the Jiaozuo plant.