Sailun Jinyu to invest $240 million in Mexico tire plant

Sailun Jinyu Group announced plans to build a plant in Leon, Guanajuato, Mexico, for semisteel radial tires, with an investment of $240 million. Initial annual production capacity is 6 million units, and construction is expected to take 12 months.

“Sailun Jinyu Group, a Chinese tire manufacturer, has announced plans to establish a plant in Leon, Guanajuato, Mexico, with an investment of $240 million.”autotechinsight.spglobal.com

• 1 source
• autotechinsight.spglobal.comSailun Jinyu to invest $240 million in Mexico plant for semisteel radial tires - Automotive Technology Insight | Forecasts | Industry News | Supply ChainJan 3, 2024

Summarized from public sources; check the original articles before acting on it.