RUGAO CITY, China—Double Coin is adjusting the production set-up at its tire manufacturing plant in the eastern Chinese town of Rugao City in the Jiangsu Province.
The company has earmarked $21 million (Yuan 150 million) for the project to convert annual production capacity for 300,000 truck tires to 80,000 off-road tires (OTRs).
These will include 42,000 units of 14.00R25 all-steel OTR tires and 38,000 units of 16.00R25 all-steel OTR tires per year, according to Double Coin's environmental impact report.
The project, to be launched in August, will not require additional buildings or employees, according to the report, which was approved last month by local authorities.
The facility currently makes 188,100 metric tons (2.9 million pieces) of all-steel wire radial truck tires and 16,274 tons (74,000 pieces) of all-steel wire radial OTR tires per year.