Bridgestone Now Adding Truck Tire Capacity
Bridgestone Americas will invest $37 million to boost production at its Warren County, Tenn., medium truck tire plant by 900 radial truck tires per day.
Nexen China Growth Pushed by OE Success
Over the past couple of years, South Korea’s Nexen Tire Co. has enjoyed a growth rate of more than 200% in China, and the tiremaker expects this year’s results to be no different. The main reason for the positive appraisal is the numerous OE supply agreements the company recently finalized in China. Since the start
Yokohama Breaks Ground for Philippines Plant
Yokohama Rubber Co. and its Yokohama Tire Philippines Inc. subsidiary held a ground breaking ceremony to kick off the construction of a new plant in that country. The new plant will be built adjacent to Yokohama’s existing Philippines plant. The May 23 event was attended by some 200 dignitaries, including Florencio Abad, secretary of the
Forever Forest Sprouts Start at Yokohama Plant
The planting of trees as part of Yokohama Rubber Co.’s "Forever Forest" project began as a means of creating a greener environment at the company’s facilities in the years leading up to its centenary in 2017.
Future Refrigerant Options Help Environment, Pose Unique Problems
There has been a lot of discussion lately about the future of automotive refrigerants and their impact on the environment.There is also an ongoing effort called “I-MAC” (Improved Mobile Air Conditioning) that is aimed at reducing R-134a emissions in a number of ways. One of the goals of the I-MAC program is to reduce by
Yokohama Sets Lease for Philippines Expansion
To fulfil plans to increase tire making capacity, Yokohama Rubber Corp. has signed a contract to lease a 300,000-square-meter section of land adjacent to the Yokohama Tire Philippines plant, some 60 kilometres northwest of Manila. The leasing contract for the land at the former U.S. Air Force base was signed between Yokohama and Clark Development
Yokohama to More Than Double Philippines Plant Capacity
Yokohama Rubber said it plans to invest 50 billion yen to increase Yokohama Tire Philippines Inc.’s (YTPI) yearly production capacity from 7 million to 17 million tires. The company has signed a contract with Clark Development Corp. to lease 300,000 square meters adjacent to its Philippines plant. The expansion will create 3,000 additional jobs. At
The Price Crisis: A Special Report
As with any consumer good industry, tire prices have seen near consistent twice-annual increases for as long as anyone can remember. In tougher times, perhaps only one price hike; don’t want to chase away the consumer, after all! January would bring one increase, and June the second. In both cases, those increases were erased within
Plant Upgrades, Management Change Ready Nexen for Next Level
Back in 2010 Nexen Tire Corp. announced plans for a one trillion won ($1.2 billion) investment in its largest factory yet in Changneyeong in the same region as its first plant (Yangsan), which along with the company’s second plant in Qingdao, China, continues to expand. Just before the start of the Chinese New Year, Tyres
Yokohama Adding Capacity to Philippines
Yokohama Rubber Co. said it will increase production capacity of its Yokohama Tire Philippines Inc. passenger tire plant. The expansion plans will boost annual capacity from seven million tires to more than 10 million tires by 2013, then to 13 million tires in 2014, and on to 17 million tires by 2017. Work on the