Sailun Tire is embarking on a pivotal journey to reinforce its global footprint with the initiation of a strategic joint venture. The company, through its wholly owned subsidiary Sailun Singapore, has entered into an important agreement with TD INTERNATIONAL HOLDING, S.A.P.I.DE C.V in Mexico. This collaboration features Sailun’s commitment to establishing a cutting-edge manufacturing facility, demonstrating an investment of US$240 million. The key objective is to enhance production capabilities, ensure stability for customers, and enhance supply chain efficiency.
The newly planned facility in Mexico is scheduled to have an impressive annual production capacity of 6 million semi-steel radial tires. This growth aligns effortlessly with Sailun’s overarching mission to meet the increasing demands of the global market. Looking ahead, the joint venture examines further growth possibilities, with considerations for the construction of an additional facility that could accomplish an annual production capacity of 1.65 million all-steel radial tires.
Sailun Tire’s commitment to technological advancements is evident in the planned facility, which will boast state-of-the-art technology and a team of highly skilled professionals dedicated to maintaining Sailun’s well-known standards of quality and innovation. Peter Koszo, President of North America, highlights that this strategic extension will enable Sailun to design, test, and manufacture products specifically made for North America, right in the region. As Sailun Tire takes this significant step forward, the company foresees leveraging the new facility to enhance its global production abilities and provide customers with unmatched service, marking a substantial milestone in its ongoing commitment to innovation, efficiency, and global growth.
