Double Coin Thai tire plant running at full capacity

Monrovia, California – Double Coin Holdings’s plant in Thailand is operating at full capacity, able to produce off-road and radial truck/bus tires, according to Tim Phillips VP marketing & operations for Double Coin's CMA LLC subsidiary in Monrovia.

Opened in mid-2017 in LK-RICH estate in Rayong, the plant has the capacity to manufacture more than 1.8 million radial truck tires as well as more than 50,000 OTR tires per year, CMA said.

The facility is able to fulfil container-level orders, said Phillips adding that products made in Thailand were not subject to the elevated antidumping/countervailing duties associated with tires produced in China.

With competitors reliant on Chinese plants alone for production, he said that puts Double Coin customers "in an excellent purchasing position in the face of product shortages and higher prices from China."

The plant, which operates under Huayi Group (Thailand), is a joint venture with Bangkok-based Tribeca Enterprise, a subsidiary of Thai Hua Rubber and the promoter of the LK-RICH estate.

Shanghai Huayi is the parent of Double Coin Holdings.

The plant, according to Double Coin, is controlled by the manufacturing execution system (MES) software and is integrated with the SAP management system.

The company said plans for expansion of the Thai plant have been initiated.