The largest tire manufacturer in China settled in Tongxiang, Zhejiang Province

The reporter learned from the Tongxiang Development and Reform Bureau that the largest domestic tire manufacturer has settled down in the city. Recently, the government of Tongxiang Chongfu Town and Hangzhou Zhongce Rubber Co., Ltd. formally signed an agreement. Hangzhou Zhongce Rubber Co., Ltd. will establish a new tire production base in Chongfu Town.

It is understood that Hangzhou Zhongce Rubber Co., Ltd. was founded in 1958. In 2009, it achieved a sales revenue of 16.8 billion yuan, becoming the largest tire manufacturer in the country, ranking 13th in the world ranking of tire companies. According to the agreement, Zhongce Rubber Chongfu tire production base has a total investment of 4 billion yuan in the first phase, covers an area of ​​981 acres, and has a workforce of 8,000. The annual output value will be 8 billion yuan; the second phase will have a total investment of 1 billion yuan and covers an area of ​​819 yuan. Mu, which employs 2,000 people, will increase its annual output value to 10 billion yuan. This project is currently the largest individual investment project introduced in Tongxiang City.

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