By Denna Bowman
Bridgestone is set to expand its tyres production capacity in Thailand in response to the continued growth in the global market.
Increased demand for radial passenger car and light commercial vehicle tyres has convinced the Japanese tyres manufacturer that it needs to expand its Nong Khae factory capacity.
The plant produces tyres for the Thai market and also for export to other Asian countries, North America and Europe.
The company plans to lift daily production capacity of passenger car radial tyres and light truck tyres at the plant by 13,500 tyres to 50,000 by the end of 2014.
The latest move follows a projection outlined in 2008 to increase the plant’s daily output capacity by about 6,000 tyres. This project is scheduled to be competed by 2011.
Bridgestone claims this investment shows it is “well positioned to respond to rapidly changing market trends and will continue to build or expand production facilities on a global basis, as necessary, to produce world-class quality tyres to satisfy worldwide demand.”