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Bridgestone to build fourth tire plant in China

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Bridgestone Corp. has announced plans build a $300 million radial truck and bus tire plant in the city of Huizhou in China’s Guangdong Province. The plant is scheduled to begin operation in January 2007 and will be the company’s fourth tire plant in China.

Bridgestone produces passenger car tires at plants in Wuxi and Tianjin and truck and bus tires at a plant in Shenyang.

The new tire plant will operate as Bridgestone (Huizhou) Tire Co., Ltd., a wholly-owned subsidiary of Bridgestone Corp.

Production capacity is expected to reach 5,000 tires a day in the first half of 2009. It will employ 1,000 people.

Bridgestone’s Huizhou plant will be the company's 50th plant in 23 countries. Those 50 plants include two new plants for producing passenger car and light truck tires in Brazil and Mexico, which are now under construction.

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