A few days ago, Triangle Tire announced that the company will invest 250.708 million yuan to upgrade 2 million high-performance intelligent all-steel radial tires.
It is reported that Delta Motor Co., Ltd. has an annual output of 2 million pieces of high-performance intelligent all-steel radial tire upgrade project located in the Triangle Industrial Park in Weihai New Industrial Zone. It intends to use existing sites and factory buildings for construction. The total investment is 2,507.8 million yuan, and the production scale is an annual output of 2 million high-performance intelligent all-steel radial trucks. The project belongs to the encouraged category in the “Guidance Catalogue for Industrial Structure Adjustment (2011 Edition)†and complies with national industrial policy requirements. The project site is located in the industrial park and meets the requirements of the city's overall plan.
Triangle tires belong to Delta Group branded products. Founded in 1976, the Triangle Group has a history of more than 30 years specialized in manufacturing tires. The main products include passenger cars such as cars and light trucks radial tires, card passenger car radial tires, engineering radial tires, giant engineering radial tires, giant bias engineering tires, and ordinary bias tires. Nearly 40 automobile manufacturers such as SAIC-GM-Wuling, Chongqing-Changan, Suzuki, Chery, and Huatai-Hyundai supply original tyres to construction machinery factories, such as Linggong, Shangong, Xiagong and Liugong.
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