TOKYO—Bridgestone Corp. has selected a site in northwest Poland for its next tire operation, a $258 million truck and bus tire factory to start up in the first half of 2009.
Construction won´t start on the plant, to be located on a 1,050-acre site near the city of Stargard Szczecinski, before the first half of 2007, Bridgestone said.
The facility will be rated at 5,000 tires a day at full capacity, which won´t be reached before 2011, according to the company.
Stargard Szczecinski is a city of 74,000 located on the Ina River 25 miles from the Polish-German border and 75 miles from the Baltic Sea coast.
Bridgestone didn´t say what incentives, if any, it received from local, state or national authorities to locate in Poland or what the expected employment will be.
The new facility will be Bridgestone´s 51st tire plant worldwide, its second tire facility in Poland and second truck and bus tire factory in Europe.
Securing another truck and bus tire production site will enhance the company´s degree of self-sufficiency in the region and contribute to the creation of a strategic product supply system, the firm said.
The plant will be operated by a wholly owned subsidiary of Bridgestone Europe N.V./S.A.
Bridgestone operates two plants in Poland, a performance tire facility in Poznan and an air springs factory in Wolsztyn. It is building a rubber track factory in Wroclaw, Poland, that is scheduled to open this month.
The Japanese company´s other truck tire plant in Europe is in Bilbao, Spain.