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You are here: Home1 / News2 / Company News3 / $171m investment: Capacity at Yokohama OHT’s new plant to double

$171m investment: Capacity at Yokohama OHT’s new plant to double

Date: 11th August 2021 Author: Stephen Goodchild Comments: 0
The Visakhapatnam plant will manufacture tyres under the Alliance, Galaxy and Primex brand names (Photo: Stephen Goodchild/Tyrepress.com)

With an additional investment of US$171 million, Yokohama Rubber Co., Ltd. intends to more than double the production capacity for off-highway tyres at its Visakhapatnam plant in India. The new plant is scheduled to begin operations in the first quarter of 2023 with a planned daily production capacity of 55 tonnes; this extra investment will lift daily capacity to 123 tonnes during a second project stage, which is scheduled to start in the first quarter of 2024.

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Related news:

  1. Yokohama rebrands ATG business
  2. Alliance Tire Group introduces 10 year warranty on certain agricultural tyres
  3. Tyre production on the rise at ATG’s third factory
  4. Yokohama Off-Highway Tires EMEA raises prices
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Related Tags

Alliance, capacity increase, Galaxy, India, new factory, off-highway tyres, Primex, production capacity, Yokohama, Yokohama OHT, Yokohama Rubber

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