By Denna Bowman
Bridgestone is set to spend around £100 million boosting the capacity of its car tyres plant in Poland to meet firm European demand for high-end tyres.
Japan’s largest tyre manufacturer announced it will expand the capacity at the Polish plant, which supplies Europe, to 29,000 tyres per day by January 2014 – a jump of 24 per cent from now.
Bridgestone also revealed over the last week that it would build a second plant in India and that it had begun adding capacity in Japan ahead of schedule.
European sales of Bridgestone’s run-flat tyres and ultra high performance tyres grew in 2009 despite severe conditions in auto markets, and demand is seen staying strong in the mid to long term, the firm said in a statement.
Run-flat tyres enable vehicles to continue driving for a limited distance, even when they are punctured.
Bridgestone said on Monday it had expanded its plant in Kitakyushu, southern Japan, for large off-the-road tyres for construction and mining vehicles, three months ahead of schedule, on the back of increased mining globally.