TOKYO — Bridgestone Corp. plans to invest nearly $94 million over four years to make its Shimonoseki, Japan, off-the-road tire plant "greener" in terms of renewable energy use and cleaner handling of waste water.
The investment, which will start in 2022 and run through year-end 2025, reflects goals set forth in Bridgestone's longer-term strategic growth strategy, which are part of the firm's Mid-Term Business Plan.
New equipment earmarked for the plant will enhance the company's production system in terms of safety, disaster preparedness, eco-friendliness, quality and productivity, Bridgestone said, without quantifying the potential effects on the factory's production capacity. The 51-year-old, 2.8 million-sq.-ft. factory is rated at 250 metric tons of output a day.