Connect with us

News

Cheng Shin to Build Indonesia Plant

Advertisement

Maxxis-LogoCheng Shin Rubber Ind. Co. said Tuesday that it will invest US$300 million to build a plant in Indonesia, according to reports from Focus Taiwan.

Advertisement
Click Here to Read More
Advertisement

In its annual general meeting for shareholders, Cheng Shin President Chen Yun-hwa said that the construction of the new plant is scheduled to start early next year and the facility is expected to begin production at the end of that year.

The plant will serve the rapidly growing motorcycle and car market in Indonesia, said Yun-hwa. The company will use the Indonesian market as a springboard to enter other Muslim markets.

 

Advertisement
Click to comment

Bridgestone is a GM 2019 Supplier of the Year Winner

Continental Tire is a GM 2019 Supplier of the Year Winner

Big O Tires Gives to Family Raising Child with Rare Disease

Schrader Announces Shop Stool Giveaway Winners

Advertisement

POPULAR POSTS

Buyer Beware? Chinese Tires Mean Different Quality Levels

News

Cooper Introduces CS5, Phases Out CS4

News

Michelin Rolls Out Premier LTX

Featured

Toyo’s Celsius Plans to One-up All-Season Tires

Connect