Kenda launching expansion

Kenda Rubber Industrial Co. plans to increase its global production capacity for passenger tires by 50 percent to meet rising market demand.

The production boost will translate to 38,000 units a day by year-end, according to the tire maker.

Kenda said it plans to raise its capacity inTaiwanby 4,000 units a day. The company's new plant in Tianjin, China, is expected to increase capacity by 5,000 tires a day by year-end, while its new factory in Shanghai will increase its production by 2,500 tires a day, according to a report in the Taipei Times.

Currently, the tire maker produces 22,500 tires daily in itsKunshan,China, plant and 4,000 units a day in itsYunlin,Taiwan, facility.