Shandong Linglong Tire Co. Ltd. has laid the foundation stone for its fourth Chinese factory. The event, held 6 July, ran in parallel with Linglong Tire's "global partners" conference. The new plant is in addition to Linglong's existing Zhaoyuan, Dezhou and Liuzhou factories. Linglong is building the fourth plant at a 223-acre site in the city of Jingmen in Hubei province. The new plant in Jingmen forms part of Linglong Tyre's '5 + 3' manufacturing strategy for five production facilities in China and three in other countries. The company is striving to become a top 10 global tyre manufacturer in revenue and achieve an annual capacity of 90 million units by 2020. To reach its goal, Linglong Tyre is automating its existing facilities, as well as investing in greenfield plants.
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