Bridgestone opens first plant in Vietnam

Posted on October 27, 2014

Bridgestone Corp. held a grand opening ceremony for its first tire plant in Vietnam, which will serve as a key export base to Europe, North America and Japan when fully operational.

The Bridgestone Tire Manufacturing Vietnam Limited Liability Co. (BTMV) plant started production of passenger car radial tires (PSR) in April 2014. Total production capacity is expected to reach 49,000 tires per day by the second half of 2017.

The new plant is located in Hai Phong City.

“Bridgestone expresses our sincere gratitude to the government of Vietnam, Hai Phong City and all cooperating members, for allowing us to make BTMV a reality,” says Masaaki Tsuya, CEO and representative board member, and chairman of the Bridgestone Corp. board.

The plant is increasing manufacturing output daily according to Teruo Kunitake, general director of BTMV.

Bridgestone Corp. has 100% ownership of the $447.8 million plant. As of Sept. 2014, the plant had approximately 1,100 employees. Bridgestone says the plant will produce about 10,000 tires per day by the end of 2014. By the second half of 2017, the plant is expected to employ 3,800 people producing 49,000 tires a day.

Related Topics: Bridgestone Corp., Bridgestone Tire Manufacturing Vietnam Limited Co.

Comments ( 0 )
More Stories
Yokohama has added 10 new videos to its Tire Tips channel for consumers.
News Yokohama Presents Tire Tips

Yokohama Tire Corp. has updated its video series of tire tips for consumers with 10 new segments.

Bridgestone says the Potenza RE980AS tire features a newly designed tread for impressive grip and handling.
Product Bridgestone Adds RE980AS to Potenza Line

The new Potenza RE980AS ultra high performance tire from Bridgestone Americas Inc. is engineered for luxury and performance vehicles.

Martins Industries says the new mobile impact wrench support stand is the only product of its kind on the market and addresses a need in the market at an affordable price.
Product Martins Industries Unveils Mobile Impact Wrench Support Stand

Martins Industries Inc.’s new mobile impact wrench support stand is designed to reduce fatigue normally associated with repeatedly lifting and torqueing an impact wrench.

Be the First to Know

Get the latest news and most popular articles from MTD delivered straight to your inbox. Stay on top of the tire industry and don't miss a thing!