23 new factories added worldwide

March 4, 2025, 11:24 AM
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Guide
Highlights at a glance
The Tire Identification Number (TIN) on tire sidewalls serves as a critical marker of origin, including manufacturing plant, specifications, and production date. In 2024, the U.S. DOT issued 23 new factory codes globally, with 12 awarded to Chinese companies, highlighting China’s dominant role in tire manufacturing. New facilities span Pakistan, Vietnam, Indonesia, India, Nigeria, and Morocco, reflecting global expansion trends. Notable entries include Zhongce Rubber’s $280 million Indonesia plant, Haohua’s Vietnam factory, and expansions by Sailun and Senqilin. These developments underscore the industry's shift toward overseas investment and capacity growth, particularly from Shandong-based firms. However, obtaining a DOT code requires strict compliance with U.S. safety standards enforced by NHTSA—non-compliant tires face recalls and penalties up to $135.3 million. The transition from two-digit to three-digit alphanumeric codes since 2015 ensures better tracking amid rising demand, with legacy codes phased out by 2025. This evolving landscape emphasizes both global production shifts and tightening regulatory oversight in the tire industry.
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