# 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.

- Type: New facility
- Announced: 2023-12-22
- Where: Leon, Guanajuato, Mexico
- Value: $240.0M
- Status: announced
- Capacity: 6 million units per year
- Products: semisteel radial tires
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Sailun Jinyu Group](https://endata.com/companies/74771.md)

## Sources

- [autotechinsight.spglobal.com](https://autotechinsight.spglobal.com/news/5273725/sailun-jinyu-to-invest-240-million-in-mexico-plant-for-semisteel-radial-tires), 2024-01-03: "Sailun Jinyu Group, a Chinese tire manufacturer, has announced plans to establish a plant in Leon, Guanajuato, Mexico, with an investment of $240 million."

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