Yokohama Rubber Co., Ltd. plans to build a new TB tire factory in the United States. After the completion of the new plant, the annual production capacity is expected to be 1 million, and the equipment investment will be 300 million U.S. dollars. The construction of the new plant will start before September of this year and will be put into production in October 2015.
In the North American market (USA, Canada), Yokohama's card and passenger car tires are highly valued by the industry for their superior regenerative performance (reusability) and low fuel consumption. In the past, Yokohama Rubber used Gty Tire Co., a joint venture company specializing in the production of card and passenger car tires in the United States, and supplied tires from Japan to the North American market. In view of the increasing market demand in the future, it also strengthens self-production. The system of sales, the decision to build a new factory.
The new factory site is expected to exceed 500 acres, and the construction of the new plant is the first step for Yokohama Rubber to develop an overall plan for the area. In the future, in order to expand the business, the scale of the North American business will also be expanded fourfold.
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