Bridgestone Corp. has announced it will build a new plant in Thailand for the production of precure tread rubber.
Construction is scheduled to start this month. Production will begin in November.
The plant "will help Bridgestone increase sales of its retread products, as well as develop business solutions in Japan, Asia and China," say company officials.
Bridgestone has been expanding its network of Bandag franchises in Asia. "With the establishment of this new plant, Bridgestone will secure a production base of retread materials."