RALEIGH, N.C. — A Chinese tiremaker is moving more aggressively into the U.S. market, announcing plans Tuesday for a North Carolina factory that is to eventually employ 800 and produce six million tires a year.
A state committee that administers large corporate tax breaks approved plans to coax Triangle Tire to rural Edgecombe County, about 65 miles east of the state capital of Raleigh. The $580 million plant is the first in the United States for the Weihai, China-based maker of tires for passenger vehicles, trucks and buses and heavy equipment.
