TOKYO (Oct. 22, 2007) — Bridgestone Corp. plans to raise the capacity of its off-the-road tire plant under construction in Kitakyushu, Japan, by about 20 percent over the original planned capacity to 50 metric tons of processed rubber a day.
Bridgestone did not say what it has budgeted for the increase. The company budgeted $265 million a year ago for the project, which includes expanding capacity for steel tire cord at the firm´s nearby plant in Saga.
Bridgestone cited continuing high demand for large and ultra-large OTR tires from the mining and quarrying industry worldwide for its decision.
Production at the new plant is expected to get under way in the second half of 2009, with the newly announced expanded production schedule to begin by the second half of 2010. The project originally had a planned capacity of 30 tons a day.