GiTi Tire USA (Ltd.) SCITC 2014 Presentation

Transcription

GiTi Tire USA (Ltd.) SCITC 2014 Presentation
We strive for greater customer satisfaction building
on our brand promise while doing what is right for
our stakeholders, community, and the environment.
At a Glance
A Singapore Company
Has been in the tire business for more than 60 years, Giti Tire
has become one of the world largest tire manufacturers
Employees
Tire Manufacturing Facilities
From over 20 different nationalities
7 in China and 1 in Indonesia
Points of Sale
R&D and Technical Centers
In more than 100 countries
in China, UK, Indonesia, Germany and USA.
North America Operations
NA Office Locations:
- USA: Rancho Cucamonga,
California (est. 2005)
- CANADA: Surrey, British
Columbia, Canada (est.
2007)
Servicing more than 6,500
retail points across U.S.A and
more than 740 retail points
across Canada.
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Giti in the United States
Our tires have been sold in the USA for more
than 20 years
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Sustainability Initiatives
OTHER
INITIATIVES
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Fresh water
Marine
Reforestation
Zoonotic disease
DECREASE
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Water consumption
Energy consumption
Pollutant particles
INCREASE
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$2.5 million USD for projects
with Conservation
International to offset carbon
footprint & biodiversity
conservation
Recyclability
Humanitarian Partnerships
Give of Love - Give of Sight
Partnership with
China Disabled
Foundation
Spinal Cord
rehabilitation
support
Giti Chester Plant
We strive for greater customer satisfaction building
on our brand promise while doing what is right for
our stakeholders, community, and the environment.
Giti Chester Plant – Why USA
• Existing business and strong demand for Giti Tire’s passenger and light truck
tires in North America have made this significant investment in North America
possible for Giti Tire
• Giti needs to be closer to its customers in North America and shorten the
supply chain pipeline (faster to market)
• Favorable business environment for automotive industry
• Large talent pool of skilled manufacturing workforce
• Global business risk mitigation
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Oil price (raw materials and transportation risks)
Currency Exchange Risk
Country Risk
Natural Disaster Risk
Giti Chester Plant - Why Chester, SC?
Over 13% of South Carolina’s workforce is employed
in manufacturing, 2% higher than the national
average. Also, SC is one of the major players in the
Automotive Industry
Region has experienced 32.8% population growth
since 2000. Large talent pool and skilled workforce
Proximity and Strategic Infrastructure to support
Supply Chain and Operations
- Proximity to major metro area to support the
growth of the company
- Only 40 minutes from Charlotte International
Airport (CLT)
- Major Intermodal infrastructure
- Port of Charleston
- Major Interstate, such as I-77, I-85, I-20, etc.
More protected region from major Natural Disaster
ReadySC and Technical College system
Local Community Support
Giti Chester Plant – Facts Summary
• Giti Chester Plant is expected to create 1,700 new jobs over the next 10 years.
• Giti Tire will invest approximately $560 million dollars.
• The site is approximately 1,100+ acres and located in Chester County, South
Carolina.
• The facility will combine manufacturing facility and distribution center.
• This is the first green field project in North America for Giti Tire; and it will be
Giti Tire’s 9th tire manufacturing plant globally.
• Giti Chester Plant will produce PCR/LT tires for the replacement market and
automakers in North America.
• Giti Chester Plant’s production capacity is expected to be 5 million tires per
year by 2018. Giti plans to further increase production capacity following
market demand, condition, and the company’s North American business
growth.