Capacity expansion application of Guilin Beili Tire approved
The application of Guilin Beili Tire Co., Ltd. for engineering tire capacity expansion has been approved by the investment authority in Henan province.
The company is to invest 157 million yuan to increase its engineering tire capacity (including giant engineering tire) by 30,000 tires/year.
Guilin Beili Tire plans to start construction in Jan. 2018 and complete it in Jun. 2019.
The project locates in Zhongzhan district, Jiaozuo, Henan province, within the new factory of Aeolus Tire Co., Ltd.’s.
The project will not occupy new land for construction, but utilize existing plants and public facilities, and purchase production lines and other key equipment.
When the project is completed, Guilin Beili Tire will possess the capacity of all series engineering radial tires, including giant tires.
Registered in Dec., 2016, the major assets of Guilin Beili Tire are all-steel radial tire production lines with annual capacity of 1 million sets.
Aeolus Tire announced Apr. 12, 2017 to purchase 100% stake in Guilin Beili Tire.
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