Oct 3

Sumitomo Celebrates 50 years of Dunlop Tire Production in South Africa with investment announcement

Sumitomo Rubber South Africa (SRSA) has announced a R1.7bn (US$88m) investment in its Dunlop tires manufacturing facility in the country. Backed by its Japan-based parent company, Sumitomo Rubber Industries (SRI), the investment will boost the brand’s tire production capacity as more OEMs look to domestic tire producers to meet their vehicle specifications. …

“South Africa has an 88-year history of tire manufacturing and this plant is Africa’s largest tire producer,” said South African Minister of Trade and Industry, Ebrahim Patel during a visit to the plant. “This investment will provide a boost to local production, strengthen the factory’s output and support local jobs. Furthermore, the new investment will aid in the modernization and improvement of the plant.” …

Source: TTI

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