Skip to main content
Sister Publication Links
  • European Rubber Journal
  • Plastics News
  • Tire Business
Subscribe
  • Login
  • Register
  • Subscribe
  • News
    • Rubber Division IEC
    • War in Ukraine
    • Automotive
    • Tire
    • Non-Tire
    • Suppliers
    • ITEC
    • Silicone
    • Online Exclusive
    • Latex
    • Technical Notebooks
    • Executive Action
    • Government/Legal
    • Opinion
    • Blogs
    • Sustainability
    • Products
    • Wacky World of Rubber
  • Airless Tires
  • Custom
    • Sponsored Content
    • White Papers
  • Resources
    • Directory
    • Classifieds & Mold Mart
  • Data
  • Events
    • RN Events
    • RN Livestreams/Webinars
    • Industry Events
    • Past Events
    • Rubber News M&A Live
    • Ask the Expert
    • Healthcare Elastomers Conference
    • Rubber In Automotive Conference
    • Women Breaking the Mold Networking Forum
  • Advertise
  • DIGITAL EDITION
MENU
Breadcrumb
  1. Home
  2. News
October 15, 2013 02:00 AM

Bridgestone to double tire plant in works in Vietnam

Tire Business Report
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    TOKYO—Bridgestone Corp. is planning to double the size of a passenger tire plant under construction in Vietnam to roughly 49,000 units a day, a decision that will require an additional $425 million in investment.

    Bridgestone broke ground on the factory near Hai Phong City in July 2012 and said at that time that manufacturing would start by March 2014, although first-phase capacity of 25,000 units a day wouldn't be reached until two years later.

    The Tokyo-based tire maker budgeted $457 million for the plant originally.

    The second-phase project will expand the factory's daily output to 49,000 tires by the second half of 2017, the company said.

    Employment in the first phase is expected to be 1,900, with that number to double by 2017 when the second phase is running.

    The plant will produce what Bridgestone describes as general-purpose tires to be sold in Europe, North America and Japan, principally. The expansion will help the company meet the "continually growing demand for tires globally."

    The project is being carried out by Bridgestone Tire Manufacturing Vietnam L.L.C, a wholly owned Bridgestone subsidiary. The plant is being built on a 250-acre site in Hai Phong City's Dinh Vu Industrial Zone.

    Bridgestone did not provide details as to the size of the factory or whether the second phase will require a physical expansion of the factory floor space.

    Related Articles
    Bridgestone remains No.1 in global rankings
    Bridgestone celebrates Firestone anniversary
    Bridgestone reverses course, keeps Italian plant open
    Bridgestone expansion results in more capacity, jobs
    Bridgestone to introduce agricultural tires in Europe
    Bridgestone to develop tires for BMW's electric vehicle
    Letter
    to the
    Editor

    Rubber News wants to hear from its readers. If you want to express your opinion on a story or issue, email your letter to Editor Bruce Meyer at [email protected].

    Most Popular
    1
    ASTM's new rCB standard intended to ensure quality
    2
    R.E. Carroll acquires Kentucky elastomer supplier
    3
    Mearthane Products stays on acquisition trail, gets new PE partner
    4
    No alternative in sight: Why Michelin is emphasizing sustainability of hevea
    5
    NR market sees slowdown in supply, demand growth rates
    SIGN UP FOR NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please verify captcha.

    Please select at least one newsletter to subscribe.

    Get our newsletters

    Staying current is easy with Rubber News delivered straight to your inbox, free of charge.

    Subscribe Today

    Subscribe to Rubber News to get the best coverage and leading insights in the industry.

    SUBSCRIBE
    Connect with Us
    • LinkedIn
    • Facebook
    • Twitter

    MISSION

    To serve companies in the global rubber product industry by delivering news, industry insights, opinions and technical information.

    Contact Us

    2291 Riverfront Pkwy, Suite 1000
    Cuyahoga Falls,
    OH 44221

    Customer Service:
    877-320-1726

    Resources
    • About Us
    • Digital Edition
    • Staff
    • Advertise
    • Order Reprints
    • Privacy Policy
    • Privacy Request
    • Terms of Service
    • Careers
    • Ad Choices Ad Choices
    • Sitemap
    Partner Sites
    • Tire Business
    • European Rubber Journal
    • Plastics News
    • Urethanes Technology
    • Automotive News
    • Crain Brands
    Copyright © 1996-2023. Crain Communications, Inc. All Rights Reserved.
    • News
      • Rubber Division IEC
      • War in Ukraine
      • Automotive
      • Tire
      • Non-Tire
      • Suppliers
      • ITEC
      • Silicone
      • Online Exclusive
      • Latex
      • Technical Notebooks
      • Executive Action
      • Government/Legal
      • Opinion
      • Blogs
        • Products
        • Wacky World of Rubber
      • Sustainability
    • Airless Tires
    • Custom
      • Sponsored Content
      • White Papers
    • Resources
      • Directory
      • Classifieds & Mold Mart
    • Data
    • Events
      • RN Events
        • Healthcare Elastomers Conference
        • Rubber In Automotive Conference
        • Women Breaking the Mold Networking Forum
      • RN Livestreams/Webinars
      • Industry Events
      • Past Events
      • Rubber News M&A Live
      • Ask the Expert
    • Advertise
    • DIGITAL EDITION