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Bridgestone to Invest $139 Million in China Plant

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Bridgestone Corp. is planning to invest $139 million to expand production capacity at its passenger car tire plant in Wuxi, China, to help meet an increasing demand for tires in the country.

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Expected to be completed by 2016, the expansion will increase production capacity by 5,300 tires a day, taking daily production to 22,600 tires.

Earlier this month, Bridgestone announced plans to invest $422.8 million at its passenger car tire plant in Hai Phong City, Vietnam. As a result, the plant will be capable of producing 24,000 tires a day by the second half of 2017 and up to 49,000 daily upon completion of the expansion.

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