TOKYO (Jan. 11)—Bridgestone Corp. is evaluating investment possibilities in new tire plants in China and eastern Europe, but company officials emphasize the proposed projects are subject to local government approval and other factors.
Bridgestone confirmed Asian media reports that the Chinese project, if approved, would be in Huizhou, Guangdong Province, but declined to comment further on details at this time. If approved, the factory would be Bridgestone's fourth in China, where only recently it established Bridgestone (China) Investment Co. Ltd. in Shanghai, China, to manage its growing tire operations in that nation.
Regarding eastern Europe, Bridgestone said it still evaluating its options regarding a facility there. It operates a plant in Poznan, Poland, and is a minority shareholder in Nokian Tyres P.L.C., which is building a factory in Russia.