Yokohama to Expand Expansion Plans in China
Yokohama Rubber has announced its decision to “beef up” the fourth phase expansion of its Hangzhou Yokohama Tire Co., Ltd. tyre production facility in order to increase production capacity from current 3 million to 5.1 million passenger car tyres a year. Planned investment in the phase four expansion as a whole is approximately seven billion yen, and production in the expanded facility is scheduled to begin in January 2011.