Apr 01, 2017
The Chinese manufacturer of tires Linglong plans to create two more foreign industrial enterprises. According to company chairman Wang Feng, this year the company will decide on one of the new production sites.
"Our plant in Thailand has reached full production capacity," Van Feng said. "We also plan to increase the company's productivity by 10-20%." As Linglong Chairman explained, the implementation of the plans will increase the total annual production of the Chinese manufacturer to more than 90 million tires.
Linglong plant in Thailand reached its full production capacity in 2015, and now the project, which invests $ 700 million, allows producing 12 million cars and 1.2 million trucks / buses annually. The company also has three plants in China - in Yantang and Dezhou, Shandong Province, and in Liuzhou, Guangxi region.