South China Tire & Rubber to set up JV factory with Anhui Jianghuai Automobile in China
Chinese tiremaker to make total investment of USD872 million in two phase
South China Tire & Rubber has entered into a joint-venture (JV) agreement with Anhui Jianghuai Automobile Group, the parent company of the Chinese automaker Anhui Jianghuai Automobile Company (JAC), to set up a tire manufacturing plant in Hefei, Anhui province, China, reports RubberNews.com citing the local government website as source.
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