Bridgestone Consolidates Truck and Bus Tire Manufacturing in China

Bridgestone Corporation (Bridgestone) announced today that it consolidates its manufacturing footprints of truck and bus radial tires in China. Bridgestone has been considering manufacturing footprint restructuring globally, including tire, diversified product and material manufacturing sites, over a mid-long term in order to rebuild the company’s earning power. This initiative is a part of the Mid Term Business Plan (2021-2023), aiming to rebuild earning power to allow the company to enhance strategic growth investment. By executing these strategies, Bridgestone is transforming to a “strong” Bridgestone capable of adapting to the changing business environment.

Source: Bridgestone