Linglong Tire to build $691 million tire plant in Changchun, China

Shandong Linglong Tire plans to invest CNY4.9 billion ($691 million) in a new tire factory in Changchun, Jilin province, China. The plant will produce 12 million semi-steel radial tires, 2 million all-steel radial tires, and 200,000 all-steel re-tread tires annually by 2025.

“Shandong Linglong Tire plans to invest CNY4.9 billion on a new factory in Jilin province northeastern China, in a bid to expand capacity for local carmakers.”yicaiglobal.com

• 1 source
• yicaiglobal.comLinglong Tire to Build New USD691 Million Plant Targeting Northeastern CarmakersTang ShihuaMar 30, 2020

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