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Jiangsu General investing 400 million euros in Chinese car tyre factory

Morning Star

Jiangsu General Technology Co. Ltd, which is known as General Science or Jiangsu General, has announced plans to invest 3.061 billion yuan (£341.930 million; 399.958 million euros; US$473 million) in the construction of a 10.2 million tyre a year factory in Anqing, Anhui Province, China. The announcement of the new Chinese production base follow plans for investment in the construction of a separate factory in Cambodia.

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Jiangsu General investing US$300 million in Thailand tyre plant

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Jiangsu General Science Technology Co. Ltd. is set to invest around US$300 million in the construction of a tyre manufacturing facility in Thailand. The news follows earlier reports published in the Spring that Jiangsu General was considering Cambodia for the investment.

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