Lizhong Wheel Group to build S$21.7m plant in
It has also established a subsidiary called New Thai Wheel Manufacturing to develop, manufacture and sell aluminium alloy wheels and its related parts from
The firm has acquired a 57,000 square metre piece of land in the
Once completed in 2011, the plant will boast an annual production capacity of one million wheels per year.
This will boost the group’s total annual production capacity to 9.7 million wheels, across its five production bases.
Lizhong Wheel’s executive chairman Zang Ligen said
By setting up a manufacturing facility outside of