Pramod Thomas | Mar 14, 2018 | 0
Bridgestone Inaugurates New Tire Manufacturing Facility in Vietnam
Bridgestone Asia Pacific Pte. Ltd. (BSCAP) has announced that its group company, Bridgestone Tire Manufacturing Vietnam Limited Liability Company (BTMV), held a ceremony to mark the grand opening of its first tire plant in Vietnam located in Hai Phong City.
BTMV started production of passenger car radial tires (PSR) in April 2014 and its total production capacity is expected to reach 49,000 tires per day by the second half of 2017. The plant will serve as a key export base to Europe, North America and Japan when fully operational.
Masaaki Tsuya, CEO and Representative Board Member, Concurrently Chairman of the Board, Bridgestone Corporation said, “BTMV will produce products in line with our corporate philosophy of “Serving Society with Superior Quality”, and will strive to develop our business and contribute to the local community in Vietnam.”
Teruo Kunitake, General Director of BTMV, said “With the support of the local community, BTMV has been growing from strength-to-strength. We now have over 1,100 employees who are mostly Vietnamese and are increasing our manufacturing output on a daily basis. Apart from contributing to Vietnam’s economy, we also plan to drive a better future by supporting the local community and environment in Vietnam.”
To respond more quickly to changes in market demand and supply high quality products to our customers, the Bridgestone Group will continue to build on its manufacturing and distribution system. Additionally, BTMV and the Bridgestone Group will also continue working to support the growth and development of the local communities of Vietnam.