Bridgestone do Brasil Industria e Comercio, a subsidiary of Japanese automotive parts maker Bridgestone, is set to invest $63m to expand its tire manufacturing plant in Cama ari, Bahia, Brazil.
The increased production at this plant is expected to start in May 2015 and will deliver an additional 2,100 passenger car radial tires (PSR) and light truck radial tires (LTR) per day, increasing the plant's total rated production capacity to over 10,000 tires per day.
The new investment will create 100 new jobs in the region.
Besides this, the company is also in plans to invest $14m in its AGR tire plant in Santo André to double its production capacity to 60 tires per day by July 2015.
The company will initially enable the addition of six new AGR tires in its production mix.
BSBR president Ariel Depascuali said that the light truck/SUV tires categories will be the first to benefit from this capacity expansion.
"Over the long-term the versatility and flexibility of the Bahia plant will help the company address direct customer needs by improving fill rates of these tires," Depascuali added.
