Bridgestone invests USD63 million to expand Brazilian tyre production facility
Investment follows the beginning of an USD14-million expansion project in the company's Santo Andre, Sao Paulo, facility
Bridgestone is planning a USD63-million investment at its Brazilian plant in Camacari, Bahia state, to increase production by 2,100 passenger-car and light-truck radial tyres per day, to 10,000 tyres per day by May 2015. The expansion will create 100 new jobs. In a statement, the president of Bridgestone do Brasil Industria e Comercio (BSBR), Ariel Depascuali, said: "We are investing in key market segments and the growing ultra-high-performance and light truck/SUV tyres categories will be the first to benefit from this capacity expansion. Over the long term, the versatility and flexibility of the Bahia plant will help the company address direct customer needs by improving fill rates of these tyres." The facility builds radial passenger-car and light-truck tyres, and supports expanding vehicle production in the region.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here