Maxion Wheels announced the opening of a new truck steel wheels plant in Turkey with partner Inci Holding, and will build a forged aluminum CV wheels facility starting production in late 2024. Combined investments exceed $150 million from 2021 through 2025.
Maxion İnci Wheel Group is investing 250 million TRY in a new heavy and commercial vehicle wheel production plant in Manisa, Turkey, with 18,000 sqm indoor area, creating 80 jobs and increasing tubeless wheel capacity by 800,000.
Maxion Wheels and Dongfeng Motor Parts and Components Group formed a joint venture, Dongfeng Maxion Wheels, to build a new 2 million capacity per year aluminium wheel plant in Hubei Province, China, with production starting in H2 2020.
Maxion Wheels and Dongfeng Motor Parts and Components Group formed a joint venture, Dongfeng Maxion Wheels, to build a passenger car aluminum wheel plant in Hubei Province, China. The plant will have a capacity of 2 million wheels per year, with series production scheduled for the second half of 2020, and is expected to create over 450 jobs.
Maxion Wheels has started construction of a new plant in Khed City, Pune, India. The first phase involves an investment of over $50 million for a 25,000 sq m plant producing two million aluminum wheels annually, with production expected to start in Q3 2019.
| Site | Largest | Latest |
|---|---|---|
| Turkey, Türkiye | $150.0M | 2022-09-20 |
| Khed City, India | $50.0M | 2018-02-20 |