Yokohama Rubber will acquire the off-the-road tire (OTR) business for mining and construction vehicles of U.S.-based tire producer and distributor Goodyear. The acquisition is priced at $905 million and will be completed after receiving approval from the relevant authorities. Goodyear’s OTR business had sales of $678 million in fiscal 2023, EBITDA of $129 million, and an EBITDA margin of 19.0%....
Yokohama Rubber will build a new passenger car tire plant in China. The production capacity will start at 9 million tires per year and is expected to expand in the future. The investment will be 1.96 billion yuan ($269.62 million), with production scheduled to begin in the second quarter of 2026. The construction of the new plant is in response...
The Japan Atomic Energy Agency, the Comprehensive Research Organization for Science and Society (CROSS), the J-PARC Center, Yamagata University, Mie University, Kyoto University, and Yokohama Rubber have elucidated the molecular-level bonding state of rubber and silica using spin contrast modulated neutron reflectometry that utilizes neutrons and hydrogen spins. The spin-contrast modulated neutron reflectometry is a method for structural analysis of...
Yokohama Rubber will expand the production line for motorsports tires in sizes larger than 18 inches at its Mishima Plant in Japan’s Shizuoka Prefecture. With an investment of around 3.8 billion yen ($24.3 million), production capacity will be increased by 35%. Construction of the expanded production line is scheduled to begin in the third quarter of 2024, with production starting...
Yokohama Rubber has in April added cellular fenders and cone fenders to its solid fender product lineup for use in port moorings. Following the release of the basic model V-type solid fender in July 2023, the two higher-performance products complete a lineup that meets a wide range of user needs. Going forward, the company plans to further expand its market...
This summer tire season, Yokohama Rubber is focusing on the Advan dB V553, which went on sale in February this year. The concept of this tire is a premium comfort tire that provides excellent quietness not only when new, but also when worn. In addition, the tire features handling and wet performance, and offers quietness and safety that lasts longer....
