On December 9th, the first two-wheeled tire production plant of the German brand Tire broke ground in Hefei. The new plant is expected to start production in December 2012. It will mainly produce mountain bikes and racing tires in markets such as China and other Asian countries.
According to reports, the horse brand Tire Hefei new plant in the initial annual production capacity of 1.7 million bicycle tires to help the company further explore the Asia-Pacific market. Konstantin Basht, president of the two-wheeled vehicle tire division, said: “The production of bicycle tires in China is one of our strategic plans for global expansion. We not only attach importance to the global production and sales of automotive tires, but also focus on various types of tires. Other tire products.†German horse brand tires are equipped with advanced production lines for the new plant and plan to recruit about 100 employees.
About Horse Brand Tires
Continental was founded in 1871 and is headquartered in Hanover, Germany. It is the third largest tire manufacturer in the world and the largest supplier of auto parts in Europe. Horse Brand Tire is a leading global supplier of brake systems, chassis parts, vehicle electronics, tires and high-tech rubber. In 2005, the company had sales of 13.8 billion euros. At present, the company has a total of 80,000 employees worldwide.
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