TOKYO (Jan. 13)—Bridgestone Corp. plans to build a plant in Poland for rubber tracks for earthmoving equipment, with production set to start in July 2006.
Bridgestone cited rising European demand for rubber tracks, driven by growth in demand globally for construction machinery. It will enable Bridgestone to serve European manufacturers of earthmoving equipment more responsively, the firm said.
Bridgestone is budgeting $15 million for the plant, to be built in Zarow in southwest Poland near Wroclaw. The plant will operate as Bridgestone Diversified Products Poland Sp. z.o.o., a wholly owned Bridgestone subsidiary.
The plant's capacity is listed as 26,000 tracks a year by 2007. It should create about 50 jobs.