Bridgestone Vietnam established tire production and export sales company
Recently, Bridgestone announced that it plans to invest US$307.8 million (23.7 billion yen) in the establishment of a radial tire production and export sales company in Vietnam next year. It is reported that the company is a wholly-owned subsidiary under the name Bridgestone Tire Manufacturing Vietnam Limited Liability Company.
The company's tire manufacturing plant is located in Dinh Vu Industrial Park, Haiphong City, Vietnam. It covers an area of ​​approximately 1.02 million square meters and is expected to start production in the first half of 2014. By the first half of 2016, the company will produce 24,700 tires per day, employing employees. 1,900 people.
In order to meet the needs of the global market and quickly supply high-quality tire products to customers, Bridgestone will further improve its global supply system and consolidate its capabilities in product supply. Up to now, Bridgestone has 47 tire factories, 65 chemical products and other product factories in 24 countries and regions, and has Tokyo (Japan), Akron (United States), Rome (Italy), Wuxi (China) Four Technology Development Centers. In 2002, the Group's total sales amounted to US$17.566 billion. It is the world's largest rubber manufacturing company and has 19.1% of the world's tire market share.
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