Sumitomo and Hwa Fong Team Up
Duro brand tyre maker Hwa Fong Rubber Industrial has received an order from Sumitomo Rubber for 750,000 ATV tyres annually, according to reports out of Taiwan. Hwa Fong Rubber Industrial’s plant in Thailand will reportedly produce the tyres, writes Tire Review.
Hwa Fong Chairman Steven Chang said the order is a “major achievement” for the company’s ATV tyre business. Deliveries are set to begin in April. Chang said the order is so large that Hwa Fong is investing $13 million to $16 million to add capacity at the Thailand plant.