Bridgestone to Increase Production Capacity in Thailand for Truck and Bus Radial Tires

Tokyo (December 15, 2010) – Bridgestone Corporation today announced that its subsidiary in Thailand, Bridgestone Tire Manufacturing (Thailand) Co., Ltd., will increase production capacity at its truck and bus radial tire (TBR) manufacturing plant in Chonburi. The plant is scheduled to increase daily TBR production capacity by approximately 2,500 units to approximately 10,500 units by the first half of 2014. The total investment will be approximately ¥16.6 billion.

The Bridgestone Group started its operations at the Chonburi Plant in 2004 as a base for exporting TBR to the Americas, Europe and nearby Asian countries. However, with global TBR demand expected to increase over the medium to long term, the Bridgestone Group has determined that increases in production capacity at the plant are necessary.

Investments in facilities like the Chonburi plant show that the Bridgestone Group is well positioned to respond to rapidly changing market trends, and will continue to build or expand production facilities as necessary to meet the worldwide demand for high-quality tires.

Background on Bridgestone Corporation’s subsidiary in Thailand:

  1. Company name: Bridgestone Tire Manufacturing (Thailand) Co., Ltd.
  2. Managing Director: Tadashi Maehara
  3. Location: Amata Nakorn Industrial Estate, Chonburi, Thailand
    (60 kilometers southeast of Bangkok)
  4. Start of Production: May 2004
  5. Capital: 6,921 million baht
  6. Ownership: Bridgestone Corporation 100.0%
  7. Number of employees: Approximately 1,400
    (as of June 30, 2010)
  8. Site area: Approximately 611,100 square meters
  9. Production item: TBR
  10. Production capacity: Approximately 8,000 units per day (as of June 30, 2010)

About Bridgestone Corporation:
Bridgestone Corporation, headquartered in Tokyo, is the world’s largest tire and rubber company. In addition to tires for use in a wide variety of applications, it also manufactures a broad range of diversified products, which include industrial rubber and chemical products and sporting goods. Its products are sold in over 150 nations and territories around the world.