Bridgestone/Firestone decides not to sell its building products company.NASHVILLE, Tenn.--(AutomotiveWire)--Aug. 31, 1995-- Bridgestone/Firestone (BFS BFS Bundesamt Für Statistik BfS Bundesamt für Strahlenschutz (German: federal office for radiation protection) BFS Bowling for Soup (band) BFS Bankable Feasibility Study BFS British Fertility Society ) announced today that its Firestone Building Products Firestone Building Products is a division of BFS Diversified Products, LLC, a subsidiary of Bridgestone Americas Holding, Inc. (BSAH). BSAH is a subsidiary of Bridgestone Corporation, the world’s largest tire and rubber company. Company is no longer for sale. In February this year, BFS indicated that it was considering selling the Carmel, Ind.-based company which is a leading manufacturer and marketer of commercial roofing systems. Company spokesman Trevor Hoskins said, "We have now further assessed the situation and we have concluded that it is in the best interest of BFS to remain in the roofing business, so the Firestone Building Products Company is no longer for sale. We look forward to continued growth and success for this company." Nashville-based Bridgestone/Firestone is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Bridgestone Corporation of Japan, the world's largest tire and rubber company. Bridgestone/Firestone develops, manufactures and markets Bridgestone, 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. , Dayton and private brand tires as well as a wide range of synthetic rubber synthetic rubber: see rubber. and industrial products. CONTACT: Bridgestone/Firestone, Inc., Nashville Trevor Hoskins, 615/872-1410 or 800/851-7000 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion