Kenda Closes Tire Plant in Shenzhen
The Chairman of the Board of Directors of Kenda, Yan Chi-Jen, revealed some details of the tire manufacturer's activities at a meeting of shareholders. According to him, the Phase II project at the company's plant in Shenzhen (China) stopped production on June 1 and was converted into a sales center and a shipment warehouse.
After the production suspension, products supplied to the South Chinese market will be received from other Kenda tire plants, including plants in Kunshan and Tianjin. Prior to the production suspension, this plant mainly produced motorcycle tires.
