Bridgestone will invest EUR200m in Poland to build a new plant to produce radial tyres for trucks and buses.
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Construction at a site in the suburbs of Stargard Szczecinski city, in the province of Zachodniopomorskie, is scheduled to begin in the first half of 2007. Production is due to start in the first half of 2009 with capacity at around 5,000 tyres a day.
At the announcement, Takashi Urano, chairman, CEO & president of Bridgestone Europe said “This is an important step towards making our European supply chain less reliant on tyres imported from outside Europe”.
This will be Bridgestone’s second truck and bus radial tyre plant in Europe following the Bilbao Plant in Spain. Securing another truck and bus tyre production site will enhance the company’s degree of self-sufficiency in the region and contribute to the creation of a strategic product supply system.
In addition to the Poznan Plant in Poland, which is already in operation, and a facility in Hungary currently under construction, the new plant will be the company’s third tyre plant in Eastern Europe.
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By GlobalDataThe new plant will be the 51st plant in Bridgestone’s global production network for tyres, which spans 24 nations, including Brazil, Mexico, China and Hungary.
