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: