In China, the groundbreaking ceremony for a new tire factory of Wanli manufacturer took place
The ceremony was held last month at the site of the future new tire plant in China. The plant is expected to produce approximately two million tires for cargo transportation. The products will be supplied to China Anhui Jianghuai Automobile (JAC) under previously reached agreements.
The company is a partner in this joint venture along with Guangzhou Fengli Tire & Rubber Co., Ltd. - the largest tire manufacturer, which is also a joint venture of Guangzhou International Group Co., Ltd and the aforementioned Wanli manufacturer.
It is worth noting that the actual construction of the plant will start only in June of this year, and for now, in February, a beautiful ceremony was held, during which the management of the joint venture traditionally shoveled the ground around the foundation monument once.
The construction itself will last until December 2016, when the plant in China is planned to be put into operation. The total area allocated for the enterprise exceeds 330 thousand square meters. The project cost is over $321 million.
The company is a partner in this joint venture along with Guangzhou Fengli Tire & Rubber Co., Ltd. - the largest tire manufacturer, which is also a joint venture of Guangzhou International Group Co., Ltd and the aforementioned Wanli manufacturer.
It is worth noting that the actual construction of the plant will start only in June of this year, and for now, in February, a beautiful ceremony was held, during which the management of the joint venture traditionally shoveled the ground around the foundation monument once.
The construction itself will last until December 2016, when the plant in China is planned to be put into operation. The total area allocated for the enterprise exceeds 330 thousand square meters. The project cost is over $321 million.