Prinx Chengshan Tire inaugurates Thai tire plant
Amid all the plant closures, some good news. Tire Business reports that Prinx Chengshan Tire has inaugurated production of truck tires at its new $300M plant in Chonburi, Thailand. The plant was completed one year after breaking ground and a few months ahead of schedule. Workers at the plant began production on March 25. Capacity is 800,000 unit/year at full capacity. The company also plans to add 4M units/year of capacity for PC/LT tires.