Giant to invest in new factory - BikeBiz

Giant to invest in new factory

$15 million to be poured into new facility in Kunshan, China
Author:
Publish date:
Social count:
0
392_Picture 1.jpg

Giant has announced that it is to invest $15 million in a new factory to be built in Kunshan, China.

The proposed 500 acre site would be dedicated to the production of frames, forks and the assembly of complete bicycles. Construction will begin within the next few months.

The company is also planning to expand production at its six existing plants in China in the face of rising domestic demand.

A new RMB20 million production line will be installed in its largest plant in Tianjin City, boosting annual output by a third from the current 1m units.

Giant turned out 4.2m bikes in China in 2009 and aims to increase this to 5m units this year.

Featured Jobs

cycles service promo

Shop Manager/ Head Mechanic

Cycleservice Limited I Sidmouth, East Devon I Salary: £22,000 Plus Share Incentives Available I Date Published Wednesday 30th May 2018

Sigma-Sports

Social Media Executive

Sigma Sports I Hampton Wick, Surrey I £22,000 to £24,000 per year I Date Published Monday 4th June 2018