DONG NAI PROVINCE, Vietnam (Oct. 5, 2015) — Taiwan's Kenda Rubber Industrial Co. Ltd. is expanding again, with plans to build a $160 million car and light truck tire plant in Vietnam's Dong Nai Province.
The factory will be capable of producing 10,000 tires a day in the the project's first phase, according to Jimmy Yang, president of American Kenda Rubber Industrial Co. Ltd.
Kenda expects to start construction on the plant in the first quarter next year, with tire production to start by the fourth quarter of 2017, Mr. Yang said. The plant will be built on a 120-plus acre site and employ 600 at start-up. Employment will ramp up to 1,500 at full capacity, he said.