Sumitomo Rubber Industries Ltd. (TYO:5110) will increase its U.S. production capacity of passenger car and light truck tires from currently 5,000 tires to 10,000 per day by the end of 2019, said President and CEO Ikuji Ikeda during a recent interview with Japan Rubber Weekly. He added that this move aims at expanding sales of high value-added tires in the…
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