Goodyear’s facility in Pulandian, Liaoning Province in China, has initiated the production of radial tyres for trucks after the company invested US$700 on the facility in 2011 to produce car tyres.
During that time, Goodyear has put a halt to its plant near Dalian, in China because of the plant’s lack of ability to expand because of the located and decided to replace it with a larger and more modern plant.
According to Goodyear, the new facility will double the production capacity of the old plant in Dalian. Dalian plant’s capacity was 15,000 tyres a day or about 5.4 million a year. The plant is expected to produce 1 million truck tyres a year.
Goodyear said that the expansion is to help the company’s global market share to grow. The company currently shares 11% of the global market. (RJA)