Yokohama Rubber, Tokyo, Japan, has established Suzhou Yokohama Tire in Suzhou City, Jiangsu Province, China, with 100% capitalization of Yokohama Rubber (China) Ltd., which was established last fall.Yokohama Yokohama (yō'kōhä`mä), city (1990 pop. 3,220,331), capital of Kanagawa prefecture, SE Honshu, Japan, on the western shore of Tokyo Bay. Rubber, Tokyo, Japan, has established Suzhou Yokohama Tire in Suzhou City, Jiangsu Province, China, with 100% capitalization capitalization n. 1) the act of counting anticipated earnings and expenses as capital assets (property, equipment, fixtures) for accounting purposes. 2) the amount of anticipated net earnings which hypothetically can be used for conversion into capital assets. of Yokohama Rubber (China) Ltd., which was established last fall. Beginning in October of 2007, the new company will manufacture and sell steel radial radial /ra·di·al/ (ra´de-al) 1. pertaining to the radius of the arm or to the radial (lateral) aspect of the arm as opposed to the ulnar (medial) aspect; pertaining to a radius. 2. tires for trucks and buses, with a planned annual production capacity of 350,000 tires. The amount of total investment is approximately $81 million. Yokohama Rubber also said that, in an effort to reduce rising raw material costs and ensure a stable supply of natural rubber, it is considering an entry into the rubber processing industry. Yokohama Rubber is borrowing several processing lines from an unnamed Thai company, and began deepening deep·en tr. & intr.v. deep·ened, deep·en·ing, deep·ens To make or become deep or deeper. Noun 1. deepening - a process of becoming deeper and more profound its involvement in the processing industry three years ago. The move is said to be among several highly confidential strategies the firm is currently exploring to reduce raw material costs. |
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