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Closure-threatened Bridgestone site receives Italian grant

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Bridgestone’s Modugno factory in Bari

Bridgestone has signed a development contract with Invitalia, Italy’s agency for inward investment promotion and enterprise development, for the upgrade of Bridgestone’s Modugno plant in Bari, which employs some 800 workers. A total of €41.3 million is being invested in the project, including a €12.4 million grant from Invitalia. The agreement between the tyre maker and government agency was signed in Rome by Bridgestone Italia CEO Roberto Mauro and Invitalia CEO Domenico Arcuri.

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