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Triad LLC buys Greensboro industrial building for $3 3 million
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Sailun to build tire factory in Cambodia
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Sailun to build tire factory in Cambodia
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QINGDAO, China Chinese tire maker Sailun Group Co. Ltd. has selected Cambodia as the site for its next tire factory, a $181 million investment for a passenger/light truck tire plant with annual capacity of 5 million units.
The new plant will be Sailun s fifth factory worldwide and second outside of China.
The investment sum will cover construction costs and the working capital required to complete the project, Sailun said. The factory is expected to be operational within 24 months of groundbreaking.
The plant will be the first in Cambodia owned/operated by an international tire maker.
$10b in a year: The biggest secret deals in business Queensland firms splashed out more than $10 billion in secret mergers and acquisitions in the past year. SEE THE LIST OF MOST NOTABLE DEALS
Business by Chris Herde
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Subscriber only From a Townsville physio centre being bought for $2m to big Brisbane miners paying $50m for overseas assets, Queensland notched up $10bn worth of mergers and acquisition deals in the last year quietly impacting thousands of workers. According to accountants and business advisory firm Pitcher Partners, Bain Capital s $3.5bn takeover of Virgin Australia took the lion s share of the $10bn disclosed deals last year, 12 per cent less that the $11.5bn in 2019.
$10b in a year: The biggest secret deals in business
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