Industrial hose manufacturer Sumitomo Riko Hosetex is expanding production capacity at its production bases in Japan (Kyoto), China (Hefei, Anhui Province) and India (Neemrana, Rajasthan) in response to strong demand for high-pressure hoses (wire braid hoses). The plan was decided in August 2021, with an investment of approximately 1 billion yen ($7.43 million). The expansion is scheduled to be completed...
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 will increase production capacity at its Bahia plant, which produces passenger car and light truck tires in Brazil. To this end, the company will invest approximately 270 million Brazilian reais ($53 million). When combined with the investment amount already announced for a production capacity expansion on July 1, 2021, the total investment amount will be around 970 million Brazilian...
NOK is set to expand facilities to manufacture anti-vibration and soundproofing products for electric vehicles used around electric power steering (EPS), gears, and brakes at its Tottori Plant in Japan. The move will take place over a three-year period from fiscal 2021 to 2023 and aims to enhance the company’s response to the electrification of automobiles. The investment amount is...
Bridgestone will increase its production capacity of premium motorcycle tires for high-end vehicles, particularly large superbikes of 1,000cc and more. The expansion will take place at the Nasu Plant in Nasushiobara City, Tochigi Prefecture, the Group’s only motorcycle tire production facility globally, and will mark a total investment of around 1.7 billion yen ($12.4 million). Starting in 2026, the production...
Bridgestone will increase production capacity at Bridgestone NCR (BSNCR) in Thailand, a global supply base for hydraulic hoses. The total investment will be around 4.9 billion yen ($36.3 million). Capacity will be gradually built up starting in the second quarter of 2025, with global production capacity to be increased by approximately 30 percent from the current level by the first...
