Boto Tyre gives update on factory progress
Following the news in April 2009 that Shandong Wanda Boto Tyre Co., Ltd., was to build a passenger car production facility nearby its existing tyre manufacturing complex in China, company representatives have given a update of the construction process. Speaking to Tyres & Accessories back then, company representatives explained how, despite the ongoing economic downturn, Boto Tyre was planning to build a 15 million passenger car radial a year plant. Around 1 billion yuan was said to have been earmarked for the expansion work.