Iochpe-Maxion

Iochpe-Maxion announced construction of a new aluminum wheel plant within its industrial complex in Turkey, with initial capacity of 350,000 wheels per year, starting production by end of 2024.

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.