Cheng Shin Rubber
Public (traded on the Taiwan Stock Exchange) | |
Traded as | TPE:2105 |
Industry | Tire manufacturers |
Founded | January 1, 1967 |
Headquarters | Yuanlin, Taiwan |
Key people | Luo Jye (founder) |
Number of employees | Worldwide 25,000 |
Subsidiaries | Maxxis USA, Maxxis International |
Website |
www |
Cheng Shin Rubber Industry Co. (Chinese: 正新橡膠工業股份有限公司) is the ninth largest tire company in the world.[1] Established in 1967, in Yuanlin, Taiwan, by Luo Jye. Maxxis is a wholly owned subsidiary of Cheng Shin.[2]
Overview
At first, Cheng Shin Rubber only produced bicycle tires. As the company grew and extended its reach beyond Asia, it expanded into new market segments, producing tire products for a variety of vehicles.
In 2009 Cheng Shin had worldwide revenue of over $2 billion.[3] Operating under the name Maxxis in some countries, Cheng Shin has operations in China, Taiwan, Thailand, Vietnam, United States, Canada, United Kingdom, Germany, Netherlands, Japan and Dubai. The company employs 28,000 people, and its products are distributed in approximately 170 countries.[4]
See also
References
External links
- Official website
- Cheng Shin Rubber at Bloomberg
- Cheng Shin Rubber Ind. Co., Ltd. at Forbes world's biggest companies
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