On June 8, 2018, 6 million high-performance radial tires expansion project of Michelin Shenyang Tire Company was officially started. 
  It is understood that in 1995, Michelin settled in Shenyang and became the first enterprise invested by French Michelin in mainland China. After the relocation and expansion of new Michelin tire factory in 2013, the annually capacity of car tires increased to 10 million per year and the capacity of truck tires increased to 1.8 million per year. In 2017, the total output value achieved 4.57 billion yuan, and the total tax payment was 170 million yuan.
  After the completion of this project, the output value will be increased by about 2.5 billion yuan, and the existing output value will be increased by more than 50%.