Bridgestone Corp. (TYO:5108) recently announced that the company will invest a total of 266 million euros ($312.56 million) to boost the tire production capacity of its European subsidiary Bridgestone Europe NV/SA (BSEMEA). The move is aimed at increasing the supply of high-performance tires in Europe. Production will be bolstered at three of the company’s European locations. These are the Poznan...
Yokohama Rubber Co. Ltd. (TYO:5101) said that it will from this spring start sales of a new fuel-efficient global standard tire, the BluEarth-Es ES32. The new tire will initially be rolled out in Europe, Asia and Oceania. Marketing will gradually expand to the Middle East and Latin American markets, although it is not planned to be sold in some countries,...
Using demand through March 2015 as a baseline, Sumitomo Riko Co. Ltd. (TYO:5191) is, on a consolidated basis, anticipating close to double-digit revenue growth for 2016 with its industrial hose business. Going forward, this will be backed by overseas markets. Sumitomo Riko already has production bases in China and India, and it is expanding also into other regions, with particular...
