Printer Friendly

Bridgestone. (Acquisitions, Expansions).

Japanese tiremaker Bridgestone returned to profitability in the first half of the year as sales in the U.S. recovered from the aftermath of a massive tire recall at its Bridgestone/Firestone subsidiary. Bridgestone announced plans to invest $248 million to expand global production to cope with the shift to larger tires, as well as growing demand for tires in industrializing nations. Bridgestone will stop producing some lower grade tires in Japan and switch to producing more of the larger and more expensive tires. Production will go up in Asia, including Thailand, Indonesia and China, as well as in Poland and South America.
COPYRIGHT 2002 Lippincott & Peto, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Rubber World
Article Type:Brief Article
Geographic Code:1USA
Date:Sep 1, 2002
Previous Article:Dyneon LLC purchases Solvay Fluoropolymers. (Acquisitions, Expansions).
Next Article:PolyOne. (Acquisitions, Expansions).

Related Articles
Auto production driving L. American rubber industry.
Bridgestone/Firestone announces expansion.
Bridgestone invests $70 million in Japanese plant.
Bridgestone builds CB plant in Mexico.

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters