Enter the Chinese tire market, agricultural machin

Swedish auto parts supplier Trelleborg (Trelleborg) has recently acquired a company in eastern China, to expand the group special-purpose tire products in China market, especially the agricultural tire market. Details of the transaction were not disclosed.

 It is reported that, Trelleborg has acquired the Chinese company's existing facilities, but also absorbed about 180 employees. Chinese companies acquired U.S. Maine Industrial Tire LLC, a subsidiary of the Group in China. Trelleborg said the completion of this acquisition, the company will become China's largest independent production of agricultural tires foreign producers, the acquisition is not only convenient for customers in China, but also for the domestic market in China, serving customers in Europe and America.

 Trelleborg Wheel Systems business, said president Maurizio Vischi, "China has great potential for agricultural machinery market. At present half of China's agricultural activities to be completed by manpower, vehicles and machinery is rapidly replacing the human. "

 The company said that by expanding operations and reduce production costs, was acquired this plant will increase Trelleborg Wheel Systems business in China, the competitiveness of foreign markets.

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