DALIAN, China—Goodyear is planning to add 3 million units of annual capacity for passenger tires at its Dalian, Liaoning, plant, in a five-year, $284 million investment project.
The investment “will help enable the company to meet long-term demand growth for its high-value-added tires in China and other Asia Pacific markets,” the company said, and is in addition to an expansion under way at the plant Goodyear opened in 2012.
The project will create 250 jobs when put into full operation, according to Goodyear.
The plant has been in operation since 2012, after Goodyear was forced to relocate it to the Pulandian Gulf Industrial Zone from a location within the Dalian city limits that offered no room for expansion.
Goodyear has been active in Dalian since 1994, when it acquired majority control of what then was called Dalian General Rubber Factory.
The factory's capacity is listed as 10 million car tires and 500,000 truck tires a year, with capacity for an additional 2.08 million passenger tires being installed by year-end 2017.