News from Notch Consulting, Inc.

February 2, 2018

GRI opens tire factory in Sri Lanka

Filed under: Tires — Tags: — Notch @ 1:43 pm

Global Rubber Industries Pvt. Ltd. (GRI) officially opened its specialty tire manufacturing plant in Badalgama, Sri Lanka on Jan. 25, 2018. Located next to its solid industrial tire factory, GRI broke ground on the $40 million facility in January 2017.

The 1.25 million sq.-ft. plant has a rated capacity of 25 metric tons a day, making it the largest factory in Sri Lanka dedicated to making specialty tires and the first to produce radial agriculture tires, according to GRI. Ag tires will comprise approximately 70% of the state-of-the-art, highly automated plant’s production. The remaining output will consist of pneumatic construction tires and forklift tires.

All the products made at the new plant will be destined for export, the company said.


Maxion Wheels to open new aluminum wheel plant in India

Filed under: Auto — Tags: — Notch @ 1:13 pm

Maxion Wheels will hold a groundbreaking ceremony on 19 February for its new light vehicle aluminum wheel plant in India. The company has secured property in Pune, India and will initially build a 25,000 square meters manufacturing plant with annual capacity of two million wheels beginning production expected for the third quarter of 2019. Additional land was also purchased for a plant expansion that will increase annual capacity to four million wheels in the coming years.

“Maxion Wheels is committed to serving its customers’ growing demand for light vehicle aluminum wheels, especially in India where market growth is outpacing available capacity,” said Pieter Klinkers, Chief Executive Officer, Maxion Wheels. “We’ve been in India for more than 20 years, providing original equipment manufacturers with light and commercial vehicle steel wheels. We’re pleased to satisfy our global customers’ growing request that we bring our recognized global aluminum wheel expertise to India, and we are excited about the opportunity our new plant will afford us to strengthen our global footprint and strategically expand our presence in the region.”

Read the full press release here.

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