Hangzhou, China-based ZC Rubber, considered the No. 9 tire maker globally based on fiscal 2023 sales of $4.77 billion, also has nine factories in China.
ZC Rubber Chairman Shen Jinrong was on hand alongside other company executives and local government officials, at a recent ceremony marking the start of production.
The company has not disclosed the value of its investment in the factory nor the plant's projected annual production capacity or employment, but at the plant's groundbreaking ceremony in January, ZC Rubber Vice President Henry Shen said establishing a presence in Indonesia "reinforces our commitment to delivering high-quality tires to meet the demand of both local consumers and key overseas markets such as the United States.
"This investment showcased our commitment to excellence and marks a pivotal step in our global expansion strategy."
At the same time, ZC Rubber has broken ground in Saltillo, Mexico, on its next new factory, a $500 million-plus project in the Alianza Industrial Park, located about 150 miles from the U.S. border.
Production there is expected to begin by year-end 2025 with a projected annual capacity of 13.5 million passenger car radial tires and 50,000 tons of off-the-road products.