Bridgestone announced that it will expand the production capacity of premium tyres for passenger cars in certain Japan-based production plants. An investment worth more than eight billion JPY (almost $70 million), the production capacity expansion is projected to result in an increase of approximately 6,200 tyres per day by 2025 (more than 10% of their current capacity), according to Bridgestone.
This announcement comes on the heels of the company’s Mid-Term Business Plan, in which Bridgestone says its focus is on reinforcing its “premium production.”
