Yokohama Rubber Co. Ltd. plans to spend $45.5 million to expand production of off-the-road tires at an Alliance Tire Group plant in India. By the end of 2019 the company says production capacity at the site will increase more than 60%, to 91,700 tons.
Bridgestone Americas Inc. is investing an additional $180 million in its Wilson, N.C., passenger tire manufacturing facility, bringing the company’s total investment in the plant to $344 million over the next 10 years.
The Goodyear Tire & Rubber Co. has broken ground on a $485 million expansion of its state-of-the-art tire factory in Pulandian, Dalian, China. Goodyear Chairman, Chief Executive Officer and President Richard Kramer took part in a ceremony with Lu Lin, deputy mayor of Dalian, China.
Bridgestone Americas Tire Operations broke ground March 9, 2016, on the expansion of its passenger tire manufacturing plant in Wilson, N.C.
Bridgestone Canada Inc. is expanding its Canadian passenger and light truck tire manufacturing facility in Joliette, Quebec, as part of a five-year investment that could total upwards of 300 million Canadian dollars (approximately $250 million). The expansion will help increase plant capacity by 3,000 tires a day.
Yokohama Rubber Co. Ltd. plans to expand its plant in Shinshiro City, Japan, to increase consumer tire production capacity. Construction is to begin in May 2016 and tire production is scheduled to start in June 2017.
Bridgestone Americas Tire Operations LLC (Bridgestone) will increase plant capacity by 3,000 tires per day at its Wilson, N.C., passenger tire manufacturing plant as part of a five-year, $164 million investment. The plant’s daily production will total 35,000 tires by 2018.
Continental Tire the Americas LLC has broken ground on the planned expansion of its Sumter, S.C. tire plant, which will increase the facility's tire production capacity from approximately 4 million units by 2016 to approximately 8 million units by 2021.
Continental Corp.’s tire sales are up for the first half of 2015, and to help strengthen its supply chain the company is planning to nearly triple the capacity of its passenger and light truck tire plant in Hefei, China.
Centric Parts, a North American manufacturer and supplier of aftermarket brake components and systems, has doubled its brake caliper remanufacturing operations in response to heavy customer demand.
Apollo Tyres Ltd. announced its board of directors approved projects at two tire plants and authorized the company to issue securities to raise funds for the projects at its July 2, 2014, meeting.
Toyo Tire & Rubber Co. Ltd. has broken ground on a project to expand production capacity at its Toyo Tire North America Manufacturing, Inc. (TNA) plant in White, Ga. The $371 million project will add 700,000 square feet to the 2-million-square-foot tire manufacturing plant.
Toyo Tire & Rubber Co. Ltd. announced plans to invest approximately $207 million (20 billion yen) to expand production capacity at its Toyo Tire North America Manufacturing Inc. (TNA) plant in White, Georgia. The company says the expansion, the fourth since the plant was built in 2004, will establish a supply system to meet growing tire demand in the North American market.