SAO PAULO, Brazil—Bridgestone Corp. is boosting a capacity expansion under way since mid-2021 at its Camaçari, Brazil, passenger/light truck tire plant with an additional $53 million investment.
The new investment will focus on manufacturing improvements for tires for premium applications, including tires for electric/hybrid vehicles, the company said, and will create 126 new jobs on top of the 1,300 employed there now.
The new investment is in addition to $140 million Bridgestone budgeted in June 2021 to expand capacity by more than 20 percent over the 9,800 units/day rate at that time. The additional investment will double that goal to 40 percent, the company said.
The investment will help introduce new manufacturing technologies and the growing application of industry 4.0 concepts, including artificial intelligence control technology that increases productivity and the application of knowledge and data in a digital manufacturing environment.