Bridgestone Americas to invest $164 million for expansion of passenger tire manufacturing facility i

Specifications:

Name:

Bridgestone Americas to invest $164 million for expansion of passenger tire manufacturing facility i

Location:

Wilson, North Carolina

Company:

Bridgestone

Estimated Cost:

$164 Million

Source:

bridgestoneamericas.com

Introduction:

Bridgestone Americas Tire Operations (Bridgestone) announced that it is expanding the company’s Wilson, North Carolina passenger tire manufacturing facility as part of a five-year with $164 million investment.

Features:

The multi-phase expansion of the 42-year-old, nationally recognized facility, which is one of the company’s most environmentally sustainable plants, is expected to break ground in early 2016.

The investment is part of the company’s global commitment to develop innovative new products that meet growing and evolving market demand, and will improve the Wilson plant’s global competitive position by adding capacity and more technologically advanced equipment.

Phases one and two, which will total nearly $100 million, will focus on the addition of 167,000 square feet of manufacturing space to accommodate new tire assembly machines, materials handling systems, curing presses and associated equipment to increase plant capacity by 3,000 tires per day, bringing daily production to 35,000 by 2018. The new equipment also will allow the plant to respond to the increase in global demand for higher rim size tires, as well as improve quality and productivity while reducing costs.