Vanlead Group marches toward US Market powerfully to build a world brand name of China Tire
On April 20th, 2017 China(Guangdong)-US Investment Cooperation Conference is held in Guangzhou hosted by Guangdong Provincial People’s Government. Wanli Tire’s Project of US Smart Manufacturing Plant has become one of on-site signing projects. Mr. Fu Shoujie, Chairman of Guangzhou Vanlead Group Co., Ltd. and Mr. Alan Daniel Young，Executive Director of the Coordinating Council for Economic Development at the Commerce Department, South Carolina , US have signed Project Investment Letter of Intention as the respective representatives from both Parties. The project signing is witnessed by provincial leaders.
Wanli Tire US Plant project plans to invest 1billion US dollars in two phases during 8 years to build a radial tire plant in Orangeburg County, South Carolina, US. The first phase will be 6 million Consumer Tires.
As a national enterprise representative of Chinese auto parts industry, we have acquired the capability to participate in the real world competition with accumulations and innovations in more than twenty years. We are going to build our own brand and our own channels in central region of World industrial development. Through improving product quality and realizing gear change and speed elevation, we would really become a world brand name as well as world products. Mr. Fu Shoujie, Chairman of Vanlead Group was quoted as saying.
It is reported that the State of South Carolina is located in southeastern US in possession of solid industrial foundations, strong scientific strength and highly efficient labor forces. Among them, there are German BMW assembly plant which is the only one in North America and more than 200 internationally well known auto parts suppliers including Bosch,Germany, Michelin, French and etc.. We have visited Wanli Tire Heifei Plant and not expected that there also exists smart tire manufacturing enterprise at such high level in China. We are very pleased to work with Wanli Tire US project to locate in South Carolina and feel confident that Wanli Tire would contribute to smart manufacturing development in South Carolina, in addition to increasing employment and creating more jobs for the state.Mr. Allen Daniel Young, Executive Director of Coordinating Council for Economic Development at the South Carolina Department of Commerce.
The investment Letter of Intent signed with the State of Carolina this time marks that Wanli Tire US project has taken a substantive step which is another significant measure taken by Vanlead Group subsequent to the establishment of Wanli Innovation Park and the startup of Wanli Tire Heifei smart plant. Vanlead Group strives to build a headquarters economy centered in Guangzhou, innovate intelligent drive and achieve international development and its corporate strategy has begun to take shape.