Cheng Shin Capacity to Grow 70% Through 3 New Plants
Production capacity at Cheng Shin Rubber is anticipated to grow a hefty 70 per cent through the construction of three new facilities. According to the China Economic News Service, the Taiwanese manufacturer of the Maxxis tyre brand has set aside NT$30 billion (₤640 million) to establish plants in China’s Sichuan and Fujian provinces and in Yunlin County, Taiwan. When the three plants are in production alongside the company’s existing Taiwan, Thailand and China factories, daily capacity is expected to rise from 100,000 to 170,000 pieces.