The $560 million facility will be located in Chester County and is expected to generate 1,700 new jobs over the next 10 years.
Giti Tire executives joined South Carolina Governor Haley along with State and Chester County officials today in announcing the plan to build a new tire manufacturing plant to meet growing demand in the North American market.
This is the first greenfield project in North America for Giti Tire. The plant will produce passenger and light truck tires for the replacement and original equipment markets. The South Carolina plant will be built with a focus on maintaining a healthy balance with the environment and following Giti Tire’s green initiatives.
“Chester County is an excellent location for Giti Tire, offering an extensive and efficient infrastructure network including interstate highways, rail, close proximity to airports and a major metropolitan area to support the company’s needs and growth for many years to come,” said Lei Huai Chin, managing director of Giti Tire.
“The new facility will combine manufacturing plant and distribution center with total building area estimated to be 1,800,000 square feet. The first phase of production capacity is expected to be 5 million tires annually. Giti Tire plans to further increase production capacity in response to future market demand and conditions,” said Tom McNamara, executive vice president of sales and marketing, Giti Tire (USA) Ltd.