Images of First Phase of Nexen’s £87 million China Investment Unveiled

Nexen has unveiled visual plans for its China factory currently under construction and due to be up and running by the end of 2007. The new plant will be one of the largest single tyre factories in China and follows a commitment by Nexen to invest £87 million ($170 million) over three years including the construction of a new R&D centre in China at the beginning of 2008. The visual plans of the new Nexen plant also highlight additional employee facilities including a cafeteria and recreational area.

Chairman of Nexen Tire Corporation Byung Jung Kang, said: “The new plant in China will allow Nexen to improve availability and continue to increase the company’s international growth.”

As exclusive stockists of Nexen tyres in the UK, Stapleton’s has developed the Nexen Key Dealer Programme to reward valued customers. Benefits of the programme include a personalised reward scheme, preferential purchasing prices, in-store support in the form of leaflets and posters, branded merchandise and lifetime guarantees on products. Each member will also receive a dealer reference catalogue.

Steve Parker, Stapleton’s trading director says: “The creation of a new, purpose built factory in China will mean increased production of Nexen tyres, which is great news for our key dealer programme. Nexen partners will have the added reassurance of knowing the company is committed to maintaining availability and product development.”

Available exclusively in the UK from Stapleton’s, Nexen tyres are available in over 140 different sizes to meet the demands of the modern vehicle, from the super mini to the family car and high performance vehicles.