Yokohama Rubber Acquires Assets in Romania to Expand Off-Highway Tire Production Capacity

Yokohama Rubber has acquired fixed assets, including land, buildings, and production facilities, in Romania through its subsidiary Yokohama TWS Romania. The move aims to enhance the company’s production capacity for off-highway tires (OHT), including tires for agricultural machinery, in Europe. The acquired land spans approximately 200,000 square meters, with the acquisition cost amounting to $35 million. This acquisition follows Yokohama…