Tag: production expansion
Bridgestone has announced an additional investment in its Wilson tyre plant in the USA. The passenger car and light truck tyre making facility in North Carolina will receive a new, state-of-the-art rubber mixer under a newly-announced US$180 million investment that will also facilitate the introduction of more innovative manufacturing processes and technologies. This investment is in addition to the $164 million expansion announced in January 2016.
When Goodyear Tire & Rubber announced plans last month to close its Philippsburg tyre plant in Germany, the company gave increasing demand for larger rim diameter tyre sizes – and a lack of infrastructure for producing these in Philippsburg – as a justification for the decision. Rather than invest in new equipment for the factory, Goodyear has decided to increase capacity for larger tyre sizes elsewhere in the world. Today, the tyre maker announced it has broken ground on a US$485 million expansion of its facility in China’s Pulandian district. Goodyear chairman, chief executive officer and president Richard J. Kramer took part in a ceremony with Lu Lin, deputy mayor of the city of Dalian.
The Italian tyre brand Momo Tires has signed a contract to manufacture Momo tyres “in Europe”. According to the company, the new partnership includes the production of three brand new models, along with an innovative “four season” tyre to complete the line-up. However, no further details of exactly where the tyres will be produced have yet been released. In answer to questions from Tyres & Accessories, Momo representatives simply said they will publish the name of the producer and the factory soon, which could suggest it is a manufacturer with more than one factory.