Linglong Tire builds fourth plant in China
Linglong Tire has laid foundation stone for its fourth domestic plant, Hubei Linglong Tire.
The new plant, will be spread over 900,00 sq mt, will manufacture TBR tyres, PCR tyres and OTR tyres, aiming of annual capacity of 2.4 million units, 12 million tyres and 60,000 units respectively.
At the beginning of Chinese 12th five-year plan (from 2011 to 2015), Linglong put forward “3+3” global industrial layout strategy.
Within five years, the Chinese company built up three manufacturing plants Zhaoyuan, Dezhou and Liuzhou and its first overseas manufacturing base in Thailand. The Thailand plant helps the company to enhance Linglong Tire’s global competitiveness.
“In 2017, taking the actual situations into consideration, Linglong adjusted its “3+3” strategy into “5+3”, and intended to build the fourth manufacturing base in Jingmen, which could lay a solid foundation for improving Linglong’s international market competitiveness to a great degree,” said the company.
The sales revenue of Hubei Linglong is estimated to reach RMB five billion when this base is built. It is worth pointing out that this manufacturing base will integrate intelligent manufacturing, PLM (product lifecycle management), industrial big data application, high-end brand. This presents another important measure for company to break through regional restriction, focusing on resource integrity, fostering core competitiveness, and it is of great significance for the company to serve customers at zero distance, improve market share and reduce logistics cost.