02/07/2014

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Bridgestone increases capacities in China and Vietnam

The capacity increase is expected to be complete in the second half of 2016. The total investment is estimated to be CNY 852 million (~ EUR 100 million).
Furthermore, Bridgestone Tire Manufacturing Vietnam Limited Liability Company (BTMV) announced that it will increase the production capacity at its new passenger car radial tyre plant, currently under construction in Hai Phong City, Vietnam.The total investment in the plant will be approximately JPY 41.6 billion (~ EUR 300 million). Production capacity at the new facility is estimated to increase by approximately 24,000 tyres per day by the second half of 2017, and once expansion is completed, the plant's total capacity will be approximately 49,000 tyres per day. The new plant is scheduled to begin operation in March 2014 and will serve as an export base to Europe, North America, and Japan.

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