Around 4.3 billion yen is to be invested in Bridgestone's Karawang factory in Indonesia.
Company subsidiary P.T. Bridgestone Tire Indonesia will use this sum to expand passenger and light tuck tire radial capacity at the plant by 3,000 units a day to 29,400 units. This capacity level is anticipated to be reached by the first half of 2012.
The 367,500-square-meter Karawang plant began production in September 1999, supplying passenger and light truck tires to both the domestic market and key overseas markets, including North America and Europe. An existing project to expand the facility’s daily capacity by 8,400 units, announced in August 2007, is expected to be completed this year. However, with global demand expected to continue growing, the Bridgestone determined further expansion is necessary to meet market demands.
Bridgestone’s Indonesian subsidiary is 54.3% owned by Bridgestone Corp. and has been in operation since September 1973. As of the end of last year it employed 3,288 staff. (Tyres & Accessories)