# Sailun Tire to build $240M tire factory in Mexico

Sailun Tire will invest $240 million in a joint venture to build a new factory in Mexico with an annual capacity of 6 million semi-steel radial tires, its first North American factory.

- Type: New facility
- Announced: 2023-12-20
- Where: Mexico, Mexico
- Value: $240.0M
- Status: announced
- Capacity: 6 million semi-steel radial tires per year
- Products: semi-steel radial tires
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Sailun Tire](https://endata.com/companies/74570.md)
- [TD INTERNATIONAL HOLDING, S.A.P.I.DE C.V](https://endata.com/companies/74571.md) (partner)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/sailun-to-open-first-north-american-factory-302020464.html), 2023-12-20: "This new facility will be equipped with state-of-the-art technology and staffed with highly skilled professionals who are committed to maintaining the high standards of quality and innovation Sailun is known for."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.