Bridgestone Americas, through its Bridgestone Brazil unit, is investing roughly $63 million to expand its tire manufacturing plant in Camaçari, Brazil.
The investment builds upon previous investments and is an effort to better serve consumer demand, the tiremaker said. The expansion will increase the plant’s total capacity to more than 10,000 tires per day.
The increased production is expected to start in May 2015.
"We are investing in key market segments and the growing ultra-high performance and light truck/SUV tires categories will be the first to benefit from this capacity expansion," said Ariel Depascuali president of Bridgestone Brazil. "Over the long-term the versatility and flexibility of the Bahia plant will help the company address direct customer needs by improving fill rates of these tires."