Bridgestone to Invest ?27 Billion to Expand Premium Passenger Car Tire Production at Three Plants in Japan

Specifications:

Name:

Bridgestone to Invest ?27 Billion to Expand Premium Passenger Car Tire Production at Three Plants in Japan

Location:

Japan

Company:

Bridgestone

Estimated Cost:

?27 Billion

Source:

https://www.bridgestone.com/

Introduction:

Bridgestone Corporation has today announced that it will make strategic investments to increase production capacity at three of its passenger car tire plants in Japan: the Hikone Plant, the Tosu Plant, and the Tochigi Plant.

Features:

This investment is expected to boost the total production capacity across the plants by approximately 3,000 tires per day, with a focus on tires 20 inches and larger, a segment where demand is anticipated to rise.

This investment will also support the development of “ENLITEN3,” Bridgestone’s core product design technology, which the company identifies as "The New Premium in the EV Era." Furthermore, the initiative aims to enhance and expand the global production of “ultra” HRD4 tires for passenger cars.

The expansion is scheduled to begin in early 2025 and is expected to be completed by the end of 2028.