Bridgestone expanding Chinese plants

LSRUNQI

Bridgestone expanding Chinese plants
Tuesday, August 9, 2011
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Tokyo, Japan - Bridgestone announced that it will increase the production capacity at two of its Chinese radial passenger tire plants in Tianjin and Wuxi to meet the demand for tires in China, which is expected to grow in the medium- to long-term. Under the current schedule, the Tianjin plant will begin production at its increased capacity in July 2012. The Tianjin plant will make a total investment of approximately 1,054 million yuan (approximately 15.5 billion yen), which will boost the plant’s production capacity by 8,800 tires per day, enabling it to produce a total of 25,300 tires per day. The Wuxi Plant will begin production at its increased capacity in May 2012. The Wuxi plant will make a total investment of approximately 563 million yuan (approximately 8.3 billion yen), which will boost the plant’s production capacity by 4,100 tires per day, enabling it to produce a total of 16,300 tires per day.