Yokohama Rubber Expands Hangzhou Plant Annual Production Capacity to 5.1 Million Units
Recently, Hangzhou Yokohama Tire Co., Ltd. displayed the afforestation results of this “fully zero-emission†factory. Yokohama Rubber official said in an interview in Hangzhou plant production capacity from the current upgrade 3000000-2012 year 5.1 million, while in Hangzhou Yokohama Tire Co., Ltd. plans to set up R & D department.
Yokohama Rubber is the world’s seventh-largest and Japan’s third-largest tire manufacturer. Its global sales volume in 2010 is expected to reach 48 million. Yokohama Rubber (China) Co., Ltd., a wholly-owned subsidiary of Yokohama Rubber in China, currently has Yokohama Tire Sales (Shanghai) Co., Ltd., Hangzhou Yokohama Tire Co., Ltd., Yokohama Tyre Co., Ltd., Yokohama Hose Fittings (Hangzhou) Co., Ltd. , Yokohama Sealing Materials (Hangzhou) Co., Ltd. and Shandong Yokohama Rubber Industrial Products Co., Ltd. and other six subsidiaries, including Hangzhou factory production of radial passenger car tires, Suzhou factory production of passenger car truck radial tires.
It is understood that since 2007, Yokohama Rubber officially launched the "YOKOHAMA Millennium Forest" program in the world. Yokohama Rubber's Chinese company in Hangzhou Yokohama Tire Co., Ltd. has successively conducted two "Millennium Forest" tree-planting operations at 2,600 square meters. More than 15,400 local tree species have been planted within the production area.
In October 2009, Yokohama Rubber announced that it will increase the fourth-phase capital increase and expansion of Hangzhou Yokohama Tire Co., Ltd. After the expansion, the annual production capacity of Hangzhou factory capacity from the current 3 million increase to 5.1 million.
Yokohama Rubber said that in 2011, Hangzhou Yokohama Tire Co., Ltd. will plan to set up an R&D department with equipment investment of up to 30 million yuan.
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