Jiangsu General Science Technology Expands Tire Production By 20%

 

Via tirebusiness.com

WUXI, China — China’s Jiangsu General Science Technology Co. Ltd. (JGST) is increasing the investment budgeted for a truck and bus tire capacity expansion by 20 percent to nearly $230 million.

Wuxi-based JGST — represented in North America by Statewide Tires Inc. of West Covina, Calif. — disclosed plans in August to spend $175 million to add 1.2 million units of annual truck and bus tire capacity at its headquarters plant.

More than a third of the additional investment will be pumped into the plant’s information technology and automated logistics system, JGST said in the recent filing.

 

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