Jinfei Kaida to invest in aluminum alloy wheel project in Thailand
2024-03-28 11:40:27 [Print]
Vossen Manufacture (Thailand) Co
. , Ltd . , a wholly-owned subsidiary of Zhejiang Jinfei Kaida Wheel Co . , Ltd . , plans to build a NEV aluminum alloy wheel hub project with a production capacity of 2 million pieces per annum at Thai-Chinese Rayong Industrial Zone, with the total investment estimated at RMB557 million (USD77 . 09 million) . Construction of the project would take about two years, and when fully operational, the project is expected to achieve annual sales revenue of around RMB578 million (USD80 million).