Bridgestone Americas has announced the expansion of its San José plant in Costa Rica, aiming to increase production capacity for passenger car and light truck tires. The investment decision is worth $250 million and will increase the plant’s production capacity by 2026 by 36 percent, from 11,000 tires to 15,000 tires per day, while creating 160 new jobs and contributing...
Bridgestone Corp. (TYO:5108), including subsidiary Bridgestone Americas Inc., was recently selected by General Motors Co. (GM) for the automaker’s 27th annual Supplier of the Year awards. This marks the fourth consecutive year that Bridgestone has received the award, and the 17th time overall. At the official award ceremony held on May 16 in Detroit, Michigan, the award was presented to...
Bridgestone Corp. (TYO:5108) U.S. subsidiary Bridgestone Americas Inc. recently announced plans to increase its production capacity for off-the-road tires. Taking place at a plant in Bloomington, Illinois, this expansion will cost the company $12 million and is slated for completion at some point in 2020. The project will see the plant begin producing 29-inch, 33-inch and 35-inch tires for small-...
Bridgestone Corp. (TYO:5108) subsidiary Bridgestone Americas Inc. and The Goodyear Tire and Rubber Co. announced on April 17 that they will jointly establish TireHub LLC, a nationwide U.S wholesale company. TireHub will handle U.S. wholesale operations for the passenger vehicle tire and small truck tire businesses of both parent companies. Bridgestone Americas and Goodyear will use the opportunity to offer...
Bridgestone Americas Inc. (BSAM), the U.S. subsidiary of Bridgestone Corp. (TYO:5108), announced on Sept. 15 that it will sell all shares of its wholly owned subsidiary Speedco Inc. to U.S.-based Love’s Travel Stops & Country Stores Inc. The sale price was not disclosed. Speedco provides automotive lube, maintenance and other services to the trucking industry, and owns 52 stores in...
Bridgestone Corp. (TYO:5108) and chemical products manufacturer Kuraray Co. Ltd. (TYO:3405) have announced that they will donate aid to the victims of the recent hurricanes in the U.S. Bridgestone, and its U.S. subsidiary Bridgestone Americas Inc., will donate $1 million to the American Red Cross in order to support those affected by Hurricanes Harvey and Irma. Meanwhile, Kuraray will donate...
