Yokohama Rubber breaks ground on $500M tire plant in Hangzhou, China

Yokohama Rubber held a groundbreaking ceremony for its Hangzhou Qiantang Yokohama Tire Co., Ltd plant in China. The factory is expected to begin operations in 2026 with an initial capacity of 9 million passenger car tires per year, eventually reaching 14 million tires annually. The investment is reported as US$500 million.

“We are increasing our investment and building a new factory because we value Qiantang's excellent business environment and its abundant talent pool, which are crucial to the development of our company.”tyrepress.com

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• tyrepress.comGroundbreaking for Yokohama Tire plant in China - TyrepressStephen GoodchildDec 17, 2024

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