Jiang Xi Federal Tire Doubles Capacity

Federal Tire’s subsidiary in Jiang Xi, China (JFT) will invest $30 million into equipment and people to double annual capacity to 5 million units a year, by the end of 2005. According to the company the investment is required due to an increase in demand for its tyres.

The majority of the investment will go towards the purchase of curing presses, tyre building, uniformity inspection equipment and mixers as JFT increases the size of its current tyres and finalises plans for new additions to its product line. JFT manufactures a range of Hero and Federal brand tyres including UHP, PCR, SUV, light truck.