Continental Celebrates Grand Opening of Thailand Plant
Continental has officially cut the ribbon on its Greenfield Tire Plant in Rayong, Thailand.
Pyrolyx Gets Financing to Expand in U.S. Market
Pyrolyx AG has signed a five-year mezzanine financing agreement for €5.0 million (around $6.2 million) with the American Arena Growth Holdings to expand into the U.S. market.
Continental Starts Machine Installation at Thailand Plant
Continental Ag has installed its first machine at its new tire manufacturing plant in Rayong, Thailand.
Nokian Tyres Breaks Ground on New Tennessee Plant
As the warm September sunshine drenched the rolling hills of southeast Tennessee, executives from Nokian Tyres’ global organization joined Tennessee political leaders on Sept. 20 to break ground on the $360 million greenfield tire production facility in Dayton Tenn.
Work Begins on New Nokian Plant
Site master planning is well underway for Nokian Tyres’ $360 million plant in Dayton, Tenn. Groundbreaking is expected to begin in August 2017.
Apollo Opens Plant Near Budapest
As part of its commitment to global expansion, Apollo Tyres Ltd. celebrated the opening of its new manufacturing facility in Hungary on April 7. Located 44 miles outside of Budapest, the location is intended to support an increasing number of OE customers for the growing tiremaker.
Looking Into Plant Expansion
The hustle and bustle of 23 million people in the streets of Shanghai is echoed in Double Coin Holding’s factories in and north of the city. From one end of the factories to the other – the mixers, calendars and extruders to tire fabrication and curing – the buzz of activity is everywhere. Tire Review
Kenda Expanding in Vietnam
Kenda Rubber Industrial Co. Ltd. plans to build a second Southeast Asia plant with the construction of a $160 million passenger and light truck tire plant in Dong Nai Province of Vietnam. The tiremaker plans to start construction on the more than 120-acre site during the first quarter of 2016 and begin tire production by