Bridgestone Americas Inc. is investing $60 million in its Bandag tread rubber manufacturing plant in Abilene, Texas. The infusion will increase the plant's output by 16% and will include a 50,000-square-foot expansion.
Southern Tire Mart Recently Finalized Purchase of 26 GCR Centers
September 8, 2022
Bridgestone Americas Inc. says it is the final stages of selling 25 GCR Tires & Service locations and four retread plants to a couple of "strategic buyers." The transactions will close later this month.
Southern Tire Mart LLC has expanded its footprint by nearly 40 locations with the recent acquisitions of Phoenix, Ariz.-based Redburn Tire Co. and 26 Bridgestone Americas Inc.-owned GCR Tires & Service locations.
Bridgestone Americas Inc. is investing $550 million in its Warren County, Tenn., commercial truck and bus tire plant. The infusion will expand the plant by 850,000 square feet to support increased capacity and production of RFID-equipped tires.