Alliance Tire Group to set up a new plant in India
16.09.2020 | Amsterdam
The Yokohama Rubber Co., Ltd., announced that it will build a new plant in India’s Special Projects Zone, Atchutapuram Industrial Park, Visakhapatnam, Andhra Pradesh for the purpose of expanding production capacity of Alliance Tire Group (ATG), a Yokohama Rubber Group company engaged in the manufacturing and sale of off-highway tires. The new plant will have a daily production capacity of 55 tons (rubber weight), with planned capital investment totaling US$165 million. Construction will start in the third quarter of 2020, and the new plant is scheduled to come on line in the first quarter of 2023.
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