Triangle Tire has selected EdgeCombe County in North Carolina as the location for its first manufacturing facility in the USA, and the first outside of China. The new US$580m facility is designed to be extremely efficient and environmentally friendly.
It will be built in two phases – in the first phase the factory will produce passenger car tires and in the second phase, commercial tires. Both phases are expected to be complete by 2023. Once full manufacturing capacity for both facilities has been reached, it will have a total output of around six million tires annually.
“This significant investment will play a key role in Triangle Tire’s growth strategy worldwide and represents a strong commitment to our customers in North America,” said company chairman Ding Yuhua. “We want to thank Governor Cooper and his team for all of their work in making this happen. We are excited to be coming to Edgecombe County.”
According to Ding, the megasite’s strategic location, quality of the local work force, and the warm welcome from state and local officials were all factors for choosing North Carolina after a comprehensive search for potential sites.
“The more I learn about North Carolina, the more strongly I feel that North Carolina is the right choice for Triangle. In addition to its strategic location which provides cost-effective transportation, the citizens of North Carolina are diligent and enthusiastic. The state has a large working age population, healthy economic development environment and well-established education system,” Ding said.
The 1,449-acre plot is strategically located in the heart of the eastern seaboard, just off US Highway 64, and 10 minutes east of Interstate I-95. Raleigh is only one hour to the west. CSX Transportation provides rail service to the area and is adjacent to the site.
December 20, 2017
