Toyo Tire & Rubber Co. (TYO:5105) recently conducted free tire inspections for drivers stopping at the Ebina Service Area (westbound) of the Tomei Expressway. While Toyo Tires conducts awareness activities on tire safety inspections every year, this was the first roadside inspection effort in four years. Covering three criteria — tire pressure, groove wear and visual checks for scratches and...
The latest Tokyo Motorcycle Show gathered 121 companies, exhibiting the latest production and custom models, parts and apparel. Japan’s largest motorcycle-related event, this year’s show is aimed at changing motorcycling from a sport for grownups to an activity parents and children can easily approach together. Bridgestone Corp. (TYO:5108) showed off the tire maker’s premium BATTLAX brand concept, emphasizing its theme...
Yokohama Rubber Co. Ltd. (TYO: 5101) announced it will purchase all shares of Dutch company Alliance Tire Group B.V. (ATG). The equity value of the transition is $1.179 billion (136 billion yen), Yokohama Rubber’s largest acquisition to date. The company will finance the purchase with its own funds and bank loans. The acquisition is expected to be finalized on July...
Bridgestone Corp. (TYO:5108) has received the Environmental Award presented by Honda Motor Co. Ltd. (TYO:7267) to honor select suppliers. It is the first time that Bridgestone has received the award. The Environment Award is one of five categories including Product Quality under which Honda confers honors to express gratitude to suppliers that excel. Bridgestone received the award in the Environment...
Bridgestone Corp (TYO:5108) is expanding production capacity of passenger car tires and light truck radial tires at the Quebec-based Joliette Tire Manufacturing Plant of Bridgestone Canada Inc. (BSCA), a subsidiary of Bridgestone Americas Inc. (BSA). The investment is expected to total $250 million. With the expansion scheduled to break ground in 2016, new technologically advanced equipment will be phased in...
Japanese tire companies are reaping higher profits in the North American market with the help of a livelier U.S. economy. That help is coming in the form of strong sales of large vehicles in the U.S. that is creating major demand for large tires fitted onto pickup trucks and SUVs. Bridgestone Corp. (TYO:5108) has responded to this demand by announcing...
