Bridgestone/Firestone Inc. Acquires 100% of Chilean Company.NASHVILLE Nashville, city (1990 pop. 487,969), state capital, coextensive with Davidson co., central Tenn., on the Cumberland River, in a fertile farm area; inc. as a city 1806, merged with Davidson co. 1963. , Tenn.--(AutomotiveWire)--March 31, 1999-- Bridgestone/Firestone, Inc. announced today that it had acquired the remaining 86% of Firestone fire·stone n. 1. A flint or pyrite used to strike a fire. 2. A fire-resistant stone, such as certain sandstones. Noun 1. Chile S.A. Following the purchase, the acquired company's name was changed to Bridgestone/Firestone Chile S.A. Terms of the acquisition were not disclosed. Bridgestone/Firestone Chile manufactures Firestone and private brand passenger, light truck and truck tires in its plant in Coquimbo, Chile and markets these tires through its dealer network and its retail stores in Chile. Bridgestone/Firestone, Inc. had previously acquired a fourteen percent interest in Firestone Chile. Commenting on the acquisition, Bridgestone/Firestone, Inc. Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Masatoshi Ono, said, "This is an important step for our company. We are confident that Bridgestone/Firestone Chile will be a tremendous asset to us in this very important Chilean market and will assist us in growing and supporting our Bridgestone and Firestone brands here." Bridgestone/Firestone, Inc. is based in Nashville, Tennessee “Nashville” redirects here. For other uses, see Nashville (disambiguation). Nashville is the capital and the second most populous city of the U.S. state of Tennessee, after Memphis. . It is the largest subsidiary of Bridgestone Corporation of Japan, the world's largest tire and rubber manufacturer. Bridgestone/Firestone, Inc. develops, manufactures and markets Bridgestone, Firestone and private brand tires throughout the Western Hemisphere Western Hemisphere Part of Earth comprising North and South America and the surrounding waters. Longitudes 20° W and 160° E are often considered its boundaries. . |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion